India joins BRICS Centre for industrial competencies to boost MSMEs
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New Delhi: India has joined the BRICS Centre for Industrial Competencies (BCIC) at an event organised by the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) in the national capital, according to an official statement issued on Wednesday.
The BCIC, launched in partnership with the United Nations Industrial Development Organization (UNIDO), serves as a one-stop centre providing integrated support services to manufacturing companies and Micro, Small and Medium Enterprises (MSMEs) across BRICS countries, with a focus on strengthening Industry 4.0 competencies.
On the occasion, a Trust Fund Agreement was signed between DPIIT and UNIDO. The agreement was signed by Economic Adviser, DPIIT, Agrim Kaushal, and Director, UNIDO, Dr. Cristiano Pasini, formalising India’s participation in the BCIC framework, the statement said.
The National Productivity Council (NPC) has been designated as the India Centre for BRICS Industrial Competencies. Under the policy guidance of DPIIT and with technical support from UNIDO, NPC will spearhead India’s engagement with BCIC and contribute to capacity building, productivity enhancement and adoption of advanced manufacturing practices, the statement explained.
