Date: November 03, 2020
Over 90 per cent of India's enterprises are MSMEs. The nation's 63 million MSME enterprises contribute approximately 28 per cent to the GDP, 45 per cent to manufacturing output, and 40 per cent to exports. The sector engages over 111 million people which makes it the second biggest employer after agriculture. MSMEs are the backbone to large Industries & economy, it contributes enormously to the socio-economic development of the country. Looking at the critical needs of MSMEs in India, the All India Council for Robotics and Automation (AICRA) has signed a Memorandum of Undertaking (MoU) with the Institute for Industrial Development (IID) for the ‘Entrepreneurship Development Program’.The MoU was initiated and signed by Mr. Rajkumar Sharma, President- AICRA along with Mr. Kamal Bhola, Director of IID.
“We, at AICRA, plan to make a far-reaching impact through our engagements, and with the Entrepreneurship Development Program, we aim to help the MSMEs and start-ups to integrate their businesses with future technologies. These future technologies will help the start-ups to leverage their businesses and increase their overall productivity,”, said Mr. Rajkumar Sharma. He further added that this program will also benefit students and technology enthusiasts who want to learn how to operate future technologies such as Artificial Intelligence, Internet of Things, Robot Process Operations, etc.