Rs. 100 crore-facility will boost MSMEs in Puducherry, TN
The territorial administration has identified three probable sites for housing the proposed Tools and Technology Development Centre to be established at a cost of Rs. 100 crore.
It was one of the six centres announced by the Central government in its 2013-14 Budget, aimed at providing testing and training for entrepreneurship development and preparation of projects and product profile.
Informed sources told The Hindu that of the three shortlisted sites, seven acres of land at Sedarapet near here, is likely to be selected for the project, as it incorporates all the parameters for setting up the Tools and Technology Development Centre.
Moreover, there is no need for acquisition of land as it is in the possession of the government. A communication to this effect is likely to be sent soon to the Ministry of Micro, Small and Medium Enterprises, which will set up the facility.
Sources added that the ground breaking ceremony might be held in February. The plan is to complete the project in 24 months.CII extends support
The Confederation of Indian Industry, Puducherry chapter, while welcoming the proposal, said that the proposed centre should have all modern facilities similar to the Indo-German Tool Room in Aurangabad.
Once the centre comes up, it will provide impetus to the development of small and medium enterprises in Puducherry and Tamil Nadu.
K. Amarnath, Chairman, CII, Puducherry, told The Hindu that the MSMEs here have to depend on companies located at far away places such as Pune, Ahmedabad and Bangalore for design and testing.
“The proposed facility will support industries situated up to 400km from Puducherry. Since the centre will offer high end skill training, particularly to youngsters, they can be fully employed by the sector,” he said.Premier centre
The tool room centre at Aurangabad was an asset for meeting the technological and design requirements of industries in Maharashtra and Gujarat.
Similarly, the proposed tool room centre should be set up in such way to act as a premier centre for design, development and training.
It should support the requirements of engineering and other industries in Puducherry.
If the plan materialises, it will attract industrialists from Chennai, Coimbatore and even from Bangalore and Hyderabad for design and testing.
While promising necessary support to the Puducherry government and the Ministry of Micro, Small and Medium Enterprises of the Central government for setting up of the centre, Mr. Amarnath said steps must be expedited to start the project as early as possible.A catalyst
Besides supporting the existing industries in Puducherry, he hoped that the centre will act as a catalyst to bring more industries to the Union Territory.