IITs, IIMs to help SMEs to improve skills, quality
The National Manufacturing Competitiveness Council (NMCC) is working on a mechanism to enable experts from IITs and IIMs to help Indian Micro, Small and Medium Enterprises (MSMEs) improve their managerial skills, upgrade quality and unleash innovations, according to a top official of NMCC.
“We are trying to work out a mechanism to enable experts from top academic institutions such as IITs, IIMs help Indian MSMEs become more competitive through improvement of their managerial skills, development of better quality products and become more innovative,” said NMCC member secretary Ajay Shankar while inaugurating an Intellectual Property Facilitation Centre (IPFC) in the Capital here on Thursday.
The IPFC has been established by the Federation of Indian Micro and Small & Medium Enterprises (FISME), the leading representative of Indian Micro, Small and Medium Enterprises (MSMEs), as part of the mandate given to it by the Ministry of Micro, Small and Medium Enterprises under the National Competitiveness Programme. This is the third such centre established by FISME after those already operational in Bangalore and Hyderabad.
“The IPFCs being established by FISME will not only offer the services mandated by the Ministry of MSME such as registration of patents, trademarks etc. but also a few additional services such as IP audit, IP management systems and an IP exchange in a bid to offer a complete business model for MSMEs,” said FISME President V.K. Agarwal in his welcome address during the inauguration function on a day which also happens to be the World Intellectual Property Day.
“By establishing these IPFCs, FISME is doing a great job as they will help bring about a qualitative transformation in Indian manufacturing,” Shankar said, adding that “this was a landmark event.”
He pointed out that for the National Manufacturing Policy to succeed leading to an increase in the share of manufacturing in India’s GDP to 25% and creation of 100 million additional jobs, MSMEs which constitute the backbone of the economy must succeed, and innovation and better IP management was critical for such success.
Citing the example of Germany, Shankar pointed out how small and medium enterprises in that country, the Mittelstand are global leaders in many products mainly because of innovation and constant improvements in quality which they can leverage through efficient management of their intellectual property.
To highlight the importance of intellectual property in today’s globalised economy, Shankar gave the examples of Apple and Qualcomm. “These companies are world leaders and Fortune 500 companies but they do not manufacture any products – they only own intellectual property which is used in all kinds of products manufactured by other companies,” Shankar said.
The new IPFC located in the national capital will serve MSMEs in the Delhi NCR as also neighbouring regions in Haryana, Uttar Pradesh and Rajasthan, Agarwal added.
He said these facilitation centres employ qualified and trained personnel including legal professionals and patent attorneys to guide and help MSMEs secure and protect their intellectual property in a convenient and cost effective way.
Incidentally, MSMEs constitute India’s economic backbone contributing more than 50% of India’s manufacturing output and employing nearly 90% of India’s manufacturing workforce. They also account for nearly 40% of India’s Gross Domestic Product (GDP) and 45% of the country’s total exports.
The Economic Times (Hindi)