MSME Technology Centre Inaugurated By PM

17 January 2022 Current Affairs:Prime Minister Narendra Modi virtually launched an ‘MSME Technology Centre’ in Puducherry on the occasion of National Youth Day 2022.

Highlights:

  • It will be run by the Union Ministry of Micro, Small, and Medium Enterprises (MSME). 
  • The Rs 122 crore technological hub was established with an emphasis on the Electronic System Design and Manufacturing (ESDM) sector.
  • The center was officially opened at the 25th National Youth Festival in Puducherry (12th and 13th January 2022).
  • In Puducherry, he also opened the ‘Perunthalaivar Kamarajar Manimandapam,’ a new auditorium featuring an open-air theatre.
  • This world-class technology center, which spans ten acres and will train 20,000 students, support 2000 SMEs, and incubate 200 start-ups, will help boost the local economy to new heights. 
  • The Prime Minister’s opening of this MSME Technology Centre will improve skill development and instill entrepreneurship among the region’s youth.
  • The MSME Ministry is revving up the sector through various initiatives and programs in order to achieve shared prosperity, provide long-term employment opportunities, and achieve the Prime Minister’s vision of Atma Nirbhar Bharat.

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