GGSIPU Incubation Centre Establishes Knowledge Bank for MSMEs

19 Feb 2025 CW Team

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.

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