In continuation to the recently announced 3 percent interest subsidy scheme for exporters by the Government, Dr. Anup K Pujari, Secretary, Ministry of MSME, beckoned the industry to strive for quality on a continual basis at the inaugural of the 8th National Cluster Summit, New Delhi. A wave of technologies and ideas can create a revolution and surely turn the wheel for manufacturing in India.

The theme of the 8th National Cluster Summit - ‘Build SME Competitiveness: Invest in Clusters' has its genesis partly in Hon'ble Prime Minister's clarion call of Make in India including that of Zero Defect and Zero Effect and the fact that Clusters have been testified as important means of growth and transformation. It has been seen that Clusters are important drivers of competitiveness and innovation. Innovation is better triggered in dynamic environments where similar organisations come together, interact in a constructive and a complementary manner to generate newer and smarter ways of doing things.

A brief look at the existing state of manufacturing sector in India reveals that although going steady, the sector has not moved much and that there is enormous untapped potential. Under the most recent initiative for the competence building of the Indian industry, the ‘Make in India' campaign, the country is coming up as one of the most attractive destinations in the world to set up manufacturing. The focus of the Government is to implement schemes that will bring down the production cost and yet increase the competitiveness of the MSME sector.

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