Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-03-28

50 innovation clusters by year-end to help MSMEs

National Innovation Council (NInC) Chairman, Sam Pitroda announced at having around 50 innovation clusters to help out Micro, Small and Medium enterprises (MSMEs) across the country by this year end.

National Innovation Council (NInC) Chairman, Sam Pitroda announced at having around 50 innovation clusters to help out Micro, Small and Medium enterprises (MSMEs) across the country by this year end.

Giving an update on the Innovation Cluster initiative launched in November 2011, Pitroda said, “We plan to finish pilot, learn from it and then take this project to 50 clusters. I would like to see 40-50 clusters doing such innovations by the end of 2012. Ideally, would want 150 clusters in India to have innovation centre by the end of next year.”

The cluster initiative aims to facilitate creation of ecosystems that will enable generation of new products, services, processes and business models, spurring job creation and inclusive growth.

MSMEs which are regarded as prime growth engines in all developed and developing economies, in 2010-11, Indian MSMEs represented 45 percent of manufactured output and 40 percent of exports. India is likely to have 5,000 regional MSME clusters that include the gems cluster in Surat (Gujarat), brassware cluster in Moradabad (UP) and textile cluster at Tirupur (Tamil Nadu).

As most MSME clusters in India lacks in technology access, research and development (R&D), financing and skills, NInC wants to transform regional MSME clusters into innovation ecosystems with collaborative partnerships among stakeholders through these innovative models.

Related opportunities
  • Video Game Centres
    About Us: We serve happiness through their state of the art..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 6000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • Fine Dine Restaurants
    About Us: A high end fine dine stand alone restaurant is..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Planning for a low cost business to start? SQAC franchise..
    Locations looking for expansion Goa
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater North Goa Goa
  • Home Furnishings
    About Us: Marshalls - India's No. 1 in Wall coverings since 1975 brings..
    Locations looking for expansion Maharashtra
    Establishment year 1975
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts