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KASSIA Urged ISRO to Consider Procurement from MSMEs

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The Karnataka Small Scale Industries Association has urged the Indian Space Research Organization to consider procurement from the Micro, Small and Medium Enterprises (MSMEs) of the region.

Responding to the memorandum, A S Kiran Kumar, Chairman-ISRO informed that there is a lot of potential for the MSME sector to be a part of ISRO’s activities and assured that necessary platform would be created to provide awareness among the MSME community.

KASSIA in a memorandum to A.S Kiran, Chairman, Space Commission and ISRO and Secretary, DOS made the appeal.

The Association informed ISRO that the Micro, Small and Medium Industries associated with KASSIA specialize in varied products, components and sub assemblies serving multiple industries including automobiles, telecom, electronics and machine tools.

KASSIA further said that the MSMEs have also started making products for aerospace and machinery along with other sectors.

Backing the strength of the MSMEs, KASSIA asserted that the units are keen in engaging themselves to develop, produce and supply products and services required in space applications rocketing and satellite development.

The Association maintained that the quality would remain a primary concern while manufacturing the components for the Indian Space Research Organization.

In order to keep up with required innovation and standards, KASSIA expressed its interest in coordinating with the organization and conducting vendor development programs for the MSMEs of the region.

At present, over 500 vendors are on the board of ISRO for supplying various components. 92% of the requirements are being sourced locally with only 8% being imported from outside the country.

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SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

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