GGSIPU Incubation Centre Establishes Knowledge Bank for MSMEs
ECONOMY & POLICY

GGSIPU Incubation Centre Establishes Knowledge Bank for MSMEs

In a landmark move for India's MSME sector, the Atal Incubation Centre at Guru Gobind Singh Indraprastha University (AIC-GGSIPU) has partnered with Laghu Udyog Bharati, the industry wing of the BJP, to establish a Knowledge Bank Initiative. This collaboration, formalised through a Memorandum of Understanding, will provide MSMEs with critical resources, including research insights, case studies, and policy advocacy, to enhance decision-making and business strategies.

The agreement focuses on strengthening MSMEs through innovative technology, research-driven insights, and specialised training programmes. It aims to address key business challenges while fostering sustainable growth through digital transformation and advanced management practices.

Environmental sustainability is a core component of this collaboration, with both organisations pledging to help MSMEs adopt green technologies and sustainable manufacturing practices to reduce their carbon footprint and achieve Net Zero goals.

This strategic alliance represents a milestone in the evolution of India's MSME sector, offering essential support for technological integration, management enhancement, and sustainable business growth. Through this initiative, MSMEs will gain access to expertise and resources crucial for thriving in an increasingly competitive market.

In a landmark move for India's MSME sector, the Atal Incubation Centre at Guru Gobind Singh Indraprastha University (AIC-GGSIPU) has partnered with Laghu Udyog Bharati, the industry wing of the BJP, to establish a Knowledge Bank Initiative. This collaboration, formalised through a Memorandum of Understanding, will provide MSMEs with critical resources, including research insights, case studies, and policy advocacy, to enhance decision-making and business strategies.The agreement focuses on strengthening MSMEs through innovative technology, research-driven insights, and specialised training programmes. It aims to address key business challenges while fostering sustainable growth through digital transformation and advanced management practices.Environmental sustainability is a core component of this collaboration, with both organisations pledging to help MSMEs adopt green technologies and sustainable manufacturing practices to reduce their carbon footprint and achieve Net Zero goals.This strategic alliance represents a milestone in the evolution of India's MSME sector, offering essential support for technological integration, management enhancement, and sustainable business growth. Through this initiative, MSMEs will gain access to expertise and resources crucial for thriving in an increasingly competitive market.

Next Story
Infrastructure Transport

Bengaluru’s Pink Line 95% Complete

Bengaluru Metro Rail Corporation Limited (BMRCL) has announced that 95% of the tunneling work for the Pink Line of Namma Metro is complete, with the 21-km stretch expected to be operational by 2026. The corridor runs from Kalena Agrahara in South Bengaluru to Nagawara in the North, including a 13.8-km underground section from Dairy Circle to Nagawara. BMRCL Chief Engineer (Underground), Subrahmanya Gudge, highlighted that the Pink Line stations will generally have only two entries, except MG Road Metro station, which will feature four to prevent road crossings. He also emphasized how lessons ..

Next Story
Infrastructure Transport

Jogighopa Terminal Boosts Trilateral Trade

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal inaugurated an Inland Waterways Terminal (IWT) on the Brahmaputra in Assam’s Jogighopa. The terminal, built at a cost of $9.8 million is set to enhance trade and connectivity in Eastern India. To mark the occasion, the Minister flagged off two ships, MV Padma Navigation-II and MV Trishul, and two barges, Ajay and Dikshu, carrying 110 metric tonnes of coal and stone chips to Bangladesh. “The IWT terminal at Jogighopa is set to transform the connectivity in the region and bolster our trilateral trade with Bhutan and Banglad..

Next Story
Infrastructure Transport

IRCON Wins $75M Mumbai Metro Line 6 Contract

The Mumbai Metropolitan Region Development Authority (MMRDA) has declared IRCON International the lowest bidder for Package CA-233 of Mumbai Metro Line 6 (Pink Line), a 15.18 km corridor connecting Swami Samarth Nagar (Lokhandwala) to Vikhroli. MMRDA floated the tender in January 2024 with an estimated cost of $71 million. Four firms submitted bids, with three qualifying for the financial evaluation stage. IRCON emerged as the lowest bidder with an offer of $75 million—just 6.71% above MMRDA’s estimate. Financial Bids (? billion/million): IRCON International – Rs 6.27 billion ($75 mil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?