Kalraj Mishra, the Union Minister for MSMEs, inaugurated the “Centre of Excellence” located in Indian Institute of Science (IISc) campus, Bengaluru today. The Centre of Excellence is a joint initiative of Ministry of MSME and IISc, Bengaluru under an MOU signed between them. With its vast repository of knowledge of researchers, professors, and intellectuals, IISc would contribute to innovation, competitiveness and growth in MSME sector through this centre.
The Centre will act as a platform for process & product design and development by identifying and providing comprehensive solutions for indigenization and value engineering to industries. The concept was initiated after detailed deliberations, and eight departments within IISc were identified for the purpose. While congratulating the efforts made by the Ministry and IISc in taking this initiative forward, where government and academia jointly extending the services through a dedicated Centre of Excellence, the minister added that this will take manufacturing sector particularly MSMEs to greater heights.