To make India’s MSME future-ready and formulate a concrete strategy towards making the country a leading exporter, the Union Government has constituted five task forces. These forces will be headed by key Government officers.
One of the five areas identified is Industry 4.0, including elements like artificial intelligence, 3D and virtual reality, and this task force has been formed to make India a global leader in Industry 4.0.
AK Sharma, MSME Secretary, believes that it would be on the path of implementing the futuristic initiatives by the start of next year.
While addressing a session of FICCI, he said that these task forces would work for a month in five key areas where country’s industry, and particularly the MSME sector, should head towards.
The second force will explore opportunities for export promotion and import reduction, focus on key manufacturing areas, improve the quality standards, designs and technology as well as packaging.
Similarly, the third task force will explore to re-engineer vertically and horizontally the existing cluster schemes so that they can assist the grass-root, micro-level and high-end enterprises.
The fourth task force will focus on how to integrate the technology centres, while the fifth will focus on interventions to align various modernisation schemes like ZED (zero defect and zero effect) and LEAN, as well as other schemes related to design, intellectual property rights and marketing scheme.