Hotline: 1800 102 2007
X
Search Business Opportunities
2014-03-24

Indian MSMEs products of better quality than Chinese goods: H P Kumar

Quality of products made by Indian Micro, Small and Medium Enterprises (MSMEs) is much better than that of Chinese goods, said H P Kumar, Director, National Small Industries Corporation (NSIC).

Quality of products made by Indian Micro, Small and Medium Enterprises (MSMEs) is much better than that of Chinese goods, said H P Kumar, Director, National Small Industries Corporation (NSIC).

 

He added that NSIC is working on a two-pronged strategy to make Indian products more competitive vis-a-vis China with focus is on improving technology and increasing production to make our products price competitive.

 

NSIC is a Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME). It has been working to fulfil its mission of promoting, aiding and fostering the growth of small industries and industry related MSMEs in the country.

 

Kumar further said that India has entered into agreements with 32 countries to help them develop small and medium sector.

 

"Indian MSME has emerged as an ideal example. Several least developed and emerging economies have sought help of India to develop their small industries," he said.

 

India has opened incubation centres in 12 countries, including Egypt, Zimbabwe and South Africa, where entrepreneurs get training to make items like candles and soaps.

Related opportunities
  • Art, Craft, Antique & Framing
    About: Shilpa Suneja Designs is a venture of Incandescent Papers Pvt...
    Locations looking for expansion Delhi
    Establishment year 1977
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Bakery & Confectionary
    About Us: tylish & quaint, Sassy Teaspoon is the quintessential go-to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Transportation
    InXpress has its origins in the world's largest business management..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2013
    Investment size Rs. 5lac - 10lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Pharmacies
    About Us: |Reliable, Experienced, Trusted pharma product provider| The most trusted name..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
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