NSIC Technology Cum Common Facility Centre Foundation Stone Laid at Peenya
Technology

NSIC Technology Cum Common Facility Centre Foundation Stone Laid at Peenya

The foundation stone for the National Small Industries Corporation (NSIC) Technology cum Common Facility Centre was laid at Peenya Industrial Area in Bengaluru in a ceremony attended by the Union Minister for Micro, Small and Medium Enterprises, the Minister of State, the Secretary to the Ministry of MSME, senior officials, industry representatives, bankers and entrepreneurs. The project was presented as a strategic boost to Karnataka's MSME ecosystem and manufacturing sector and as an effort to enhance regional competitiveness and employment opportunities.

The centre is being established by the National Small Industries Corporation with support from the Ministry of MSME to strengthen technology access, testing capabilities, skilling and innovation for firms in the region. It will provide material testing laboratories, technology enabled common facilities, skilling and training infrastructure and incubation support under one roof. Officials said the facility is intended to help enterprises adopt advanced technologies, improve product quality and raise productivity.

The Minister of State noted that Peenya, as one of the country's largest industrial clusters, requires advanced institutional support to meet evolving technological needs and that the proposed centre will act as a catalyst for innovation, entrepreneurship, skilling and industrial growth in Karnataka and neighbouring regions. The Secretary to the Ministry reiterated the focus on technology upgradation, digital transformation and innovation led growth of MSMEs and the need for integrated support services.

The proposed facility at Peenya is estimated to cost around Rs 460 mn and will house advanced material testing laboratories, technology enabled common facilities, skilling and training infrastructure and innovation support services. The design is described to encompass Industry 4.0 solutions, advanced drone applications and industrial automation infrastructure to assist firms in upgrading processes. Industry associations and stakeholders welcomed the initiative and officials said the centre is expected to contribute to the vision of Atmanirbhar and Viksit Bharat.

The foundation stone for the National Small Industries Corporation (NSIC) Technology cum Common Facility Centre was laid at Peenya Industrial Area in Bengaluru in a ceremony attended by the Union Minister for Micro, Small and Medium Enterprises, the Minister of State, the Secretary to the Ministry of MSME, senior officials, industry representatives, bankers and entrepreneurs. The project was presented as a strategic boost to Karnataka's MSME ecosystem and manufacturing sector and as an effort to enhance regional competitiveness and employment opportunities. The centre is being established by the National Small Industries Corporation with support from the Ministry of MSME to strengthen technology access, testing capabilities, skilling and innovation for firms in the region. It will provide material testing laboratories, technology enabled common facilities, skilling and training infrastructure and incubation support under one roof. Officials said the facility is intended to help enterprises adopt advanced technologies, improve product quality and raise productivity. The Minister of State noted that Peenya, as one of the country's largest industrial clusters, requires advanced institutional support to meet evolving technological needs and that the proposed centre will act as a catalyst for innovation, entrepreneurship, skilling and industrial growth in Karnataka and neighbouring regions. The Secretary to the Ministry reiterated the focus on technology upgradation, digital transformation and innovation led growth of MSMEs and the need for integrated support services. The proposed facility at Peenya is estimated to cost around Rs 460 mn and will house advanced material testing laboratories, technology enabled common facilities, skilling and training infrastructure and innovation support services. The design is described to encompass Industry 4.0 solutions, advanced drone applications and industrial automation infrastructure to assist firms in upgrading processes. Industry associations and stakeholders welcomed the initiative and officials said the centre is expected to contribute to the vision of Atmanirbhar and Viksit Bharat.

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->