Why India's MSMEs Could Make the 21st Century Ours: NSIC CMD Speaks - The Economic Times Video
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Time of India
01-08-2025
- Time of India
Tech connect 2025 bridges innovation, enterprise at CFTRI campus
Mysuru: Tech Connect 2025-Bridging Innovation and Enterprise, a collaborative roadshow between CFTRI and the National Small Industries Corporation (NSIC), was held at the CFTRI campus. Speaking on the occasion, R Saravanakumar, zonal general manager (South Zone), NSIC, Bangalore, emphasised the essential role of food technology in every day life and shared personal reflections on his passion for food and its technological advancements. Highlighting several key initiatives, he spoke about NSIC's efforts in providing collateral-free credit facilitation, bulk raw material assistance with extended credit, and marketing support for trade fair participation. He also detailed NSIC's contributions to technology upgradation, machinery leasing, and skill development through training and subsidies. Notably, he addressed the growing importance of digital platforms, outlining NSIC's support for MSMEs in digital commercialisation, e-invoicing, and product listing on e-commerce and Q-commerce platforms. As part of 75 years of CFTRI, a book titled "The Living Campus" was unveiled, capturing the R&D institute's heritage and scientific accomplishments. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gentle, Needle-Free Way to Monitor Blood Sugar—Now Being Tried by Seniors Zakdavi Undo CFTRI director Sridevi Annapurna Singh traced the institute's origins back to the 1950s, underscoring its longstanding legacy in technological innovation and industrial collaboration. She shared personal insights on her research journey and the evolution of CFTRI. Stressing the importance of industry-academia synergy, she advocated for deeper collaborative efforts to drive mutual growth and development. More than 150 participants, including 95 MSMEs from various districts across Karnataka and Tamil Nadu, along with members of Farmer Producer Organisations (FPOs), Laghu Udyog Bharati (LUB), CFTRI incubatees, scientists, and students, attended the event. Lingaraju, chairman of the Karnataka Chamber of Commerce, was also present.
The Hindu
01-08-2025
- The Hindu
CFTRI and NSIC hold event in Mysuru to bridge gap between innovators and MSME entrepreneurs
Tech Connect 2025 — Bridging Innovation and Enterprise, a collaborative roadshow between CSIR-CFTRI and the National Small Industries Corporation (NSIC), was held at the CFTRI campus here. The event, held on Wednesday, July 30, focused on connecting innovative food and allied processing technologies with MSMEs, entrepreneurs, and industry stakeholders. Saravanakumar R., Zonal General Manager, South Zone, NSIC Bengaluru, was the chief guest for the event, which was presided over by Sridevi Annapurna Singh, Director, CSIR-CFTRI. More than 150 participants registered for the event, including 95 MSMEs from various districts across Karnataka and Tamil Nadu, along with members of Farmer Producer Organisations (FPOs), Laghu Udyog Bharati (LUB), CFTRI incubatees, scientific staff, and students. Lingaraju, Chairman of the Karnataka Chamber of Commerce, was also present. Mr. Saravanakumar, in his address speech, emphasised the essential role of food technology in everyday life, and elaborated on NSIC's pivotal function as a PSU under MSME in supporting and empowering small enterprises. Highlighting several key initiatives, he spoke about NSIC's efforts in providing collateral-free credit facilitation, bulk raw material assistance with extended credit, and marketing support for trade fair participation. He also detailed NSIC's contributions to technology upgradation, machinery leasing, and skill development through training and subsidies. Notably, he addressed the growing importance of digital platforms, outlining NSIC's support for MSMEs in digital commercialisation, e-invoicing, and product listing on e-commerce and Q-commerce platforms. Aashithosh Ashok Inamdar, Head, Technology Transfer and Business Development, CSIR-CFTRI, briefed the gathering about the event, and highlighted that the program was an initiative of Shailaja Donempudi, Distinguished Scientist and Head, Business Development Group at CSIR Headquarters. Mr. Inamdar emphasised that the event was a strategic initiative designed to bridge the gap between researchers/innovators and MSME entrepreneurs. The collaborative roadshow between CSIR-CFTRI and NSIC focused on showcasing technologies, facilitating real-time technology transfer (ToT), and fostering industry-academia collaboration, according to Mr. Inamdar. Mr. Inamdar outlined CFTRI's role in driving industrial innovation, spotlighting specific technologies across varied categories, and further expanded on the institute's collaboration models, including technology transfer, sponsored research projects, consultancy services, and other technical offerings. He also discussed prevailing market trends and emerging needs, underscoring opportunities for partnership with CFTRI. The interactive session also welcomed audience questions. Panelists from CSIR‑CFTRI engaged with stakeholders on deploying CFTRI‑developed food technologies across sectors like grains, millets, spices, fruits and vegetables, traditional foods, meat processing, and value‑added products. The discussion explored opportunities for technology transfer, rural entrepreneurship, and collaboration with industry and funding agencies.
Time of India
29-07-2025
- Time of India
ET Make in India SME Regional Summits: Racing past China while Trump's tariffs clear the path
Live Events The timing couldn't be better for Surat's industrial renaissance. As geopolitical tensions reshape global supply chains and AI overhauls manufacturing, this city's diverse MSME ecosystem is positioning itself to capture opportunities worth tens of billions of transformation is most visible in Surat's diamond district, where Jayanti Savaliya of the Gem & Jewellery Export Promotion Council (GJEPC) oversees an industry that has evolved from manual processes to AI-driven precision in just two decades."Changes that took a decade earlier are now happening in two years," Savaliya shared, describing how robotic machines now handle diamond sorting while AI reduces jewellery design rendering from days to minutes. Savaliya was part of the panel 'From looms to labs: How Surat's MSMEs can lead India's next wave of industrial innovation'. The discussion was one of several insightful conversations at the ET Make in India SME Regional Summit in Surat, which took place on July 18. The summit had IDBI as banking and lending partner and Canon as tech other panellists were: Ashish Gujrati, Managing Director, Aditya Textile Solutions and Past President, SGCCI; Bikash Chandra Naik, Zonal Head, NSIC; and Prashant Patel, Past President of FISME and Director, RK Synthesis former President Trump's trade policies have become Surat's secret weapon. His tariffs hit China with 40% duties on jewellery while India faces just 16-26%, creating what Savaliya called "a huge opportunity" as manufacturing shifts from Chinese factories to Surat's 600 new jewellery tariff advantage extends beyond diamonds. Ashish Gujrati pointed to recent developments in Bangladesh, where a 35% tariff has global garment buyers scrambling for alternatives. Surat, which produces 65% of India's man-made fiber, stands ready to fill the numbers are staggering: Surat's garment industry is growing 25% annually, and the city has a $30 billion export opportunity in man-made fiber textiles alone. With global MMF exports projected to grow from $7.7 billion to over $73 billion, Surat's comprehensive ecosystem — spanning the entire value chain within 45km — positions it as a natural city's MSME transformation runs deeper than favourable trade winds. Prashant Patel, described a fundamental shift in business philosophy. "Historically, Indian companies avoided R&D, opting for copy-paste models," he noted at the ET SME Summit panel in Surat. "But since Covid-19, this mindset has changed."Today, Surat companies invest in developing new technologies, not just new products. This includes process optimisation that reduces raw material usage and addresses pollution concerns, which are critical factors for accessing international markets increasingly focused on government infrastructure supporting this innovation has evolved too. Bikash Chandra Naik spoke about NSIC's Single Point Registration Scheme, which reserves 25% of government procurement for small competitive edge increasingly lies in its skilled workforce. Despite China's scale and cost advantages, nine out of 10 diamonds globally are still processed in Surat, a testament to the city's unmatched expertise in precision advantage is expanding beyond traditional sectors. While Jaipur currently dominates gemstone processing, Savaliya underlined the untapped potential for Surat to leverage its existing infrastructure and skilled labour in this adjacent obstacles remain. Land costs in Surat now exceed those in competing industrial centers like Bharuch and Vapi. Skilled workers command premium salaries that stretch MSME budgets, while the lack of shared R&D infrastructure forces companies to either invest crores of rupees in equipment or relocate to areas with better common challenges haven't dampened ambitions. With the PM MITRA textile park awaiting implementation and India's global textile trade share poised for recovery from its current 2.94%, Surat's MSME ecosystem appears ready to capitalise on a convergence of technological advancement and geopolitical the panel discussion at the ET Make in India SME Regional Summit - Surat revealed, the city's transformation from a traditional manufacturing hub to an innovation-driven ecosystem reflects a broader shift in Indian industry, one where MSMEs aren't just adapting to global changes, but actively shaping a world where supply chains are being redrawn and AI is redefining manufacturing, Surat's diverse industrial base and rapid technology adoption may well position it to lead India's next wave of industrial innovation. The ET Make in India SME Regional Summits , ET MSME Day, and ET MSME Awards are flagship initiatives to celebrate the versatility and success of India's MSME sector. If you lead or are part of a micro, small, or medium enterprise, register for the ET MSME Awards 2025 before August 31, 2025.
