MSMEs Must Explore & Adopt Innovative Technologies: Ram Mohan Mishra

With a view to enhancing awareness among MSMEs about latest technological innovations available, and sensitize them on the role of technology in creating competitiveness and opportunities, the Ministry of Micro, Small and Medium Enterprises (MSME) organized a programme on Technology Support and Outreach (TECH-SOP 2019).

Various research and development institutions in the country have developed technologies which are relevant for MSMEs for sustainable growth and is available to MSMEs in a cost-effective manner.

Speaking on the occasion, Development Commissioner MSME, Ram Mohan Mishra, said TECH – SOP 2019 is an initiative to bridge the gap between the technological innovations and MSMEs so that they can harness the technologies and grow in the global value chain.  He also emphasized on the need for adopting green technology for sustainable development and said knowledge and usage of technologies should reach all MSMEs. Development Commissioner said frugal innovations foster profitable enterprises and encourage reach of technology among the masses.

During the programme senior officials of Council of Scientific and Industrial Research (CSIR), National Innovation Foundation-India (NIF), Indian Council of Agricultural Research, (ICAR), Institute for Design of Electrical Measuring Instruments (IDEMI, Mumbai) and IIT, Delhi also spoke on the issues of technology transfer and innovations for the benefit of MSMEs.

‘India Green Tech Open Challenge’ was also launched during this occasion which aims to encourage MSMEs to adopt sustainable and green technologies.