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The Federation of Indian Chamber of Commerce and Industry (FICCI) has recommended a five-point strategy to boost development of small and medium enterprises (SMEs) through the cluster-based approach.
These points are technology and quality upgrade, low-cost financing, linkages between Indian and overseas SME clusters, marketing and export promotion and training, and skills upgrade.
The industry chamber feels that the cluster-based approach should move up the value chain to a new trajectory by integrating the five suggested elements.
It is of the view that lack of an inter-institutional synergy, dearth of committed NGOs and industry bodies, and paucity of good service providers have led to limited success of various initiatives undertaken so far.
Free Member, Joined :02/02/2007
No of Topics Posted : 122
Reply/Comments : 16
There has been a lot of talk on this subject but no action.We all know cluster based approach will work but who and whwn will it start?
FRAME 2 FAME PRODUCTIONS
New Delhi, India
Free Member, Joined :07/28/2006
No of Topics Posted : 2
Reply/Comments : 9
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