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2009-12-02

A scheme for SMEs to recover losses

The government of India (GoI) plans to introduce the Lean Manufacturing Scheme, to help SMEs, across the country, recover the losses incurred during the economic downturn.

A scheme for SMEs to recover losses

There are 11 clusters to be focused, under the scheme, covering northern part of the country. The clusters include food processing in Solan, manufacturers of hand tools in Jalandhar, sports goods in Jalandhar, scientific instruments manufacturers in Ambala, manufacturers of cricket bats in Anantnag, manufacturers of agricultural implements in Moga and Karnal, furniture manufacturers in Srinagar, auto-components and foundry manufacturers in Ludhiana, pharmaceutical manufacturers in Nalagarh and textiles cluster in Ludhiana. The GoI aims at boosting manufacturing competitiveness of the SMEs through the scheme. 

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