Investor Presentaiton
44
18.0
STRONG ECOSYSTEM OF
200,000 MSMEs
State Govt. is facilitating MSMEs across sectors for reduction in cost of doing
business and increase in efficiency of production
(i) Reducing Cost of Business
Numerous attractive incentives for
MSMEs are available under Punjab
Industrial & Business Development
Policy 2017.
Govt. is working with financial
institutions to facilitate easy access
to finance
For development of Common
Facility Centre (CFC) (assistance of
up to INR 15 crore), 23 clusters
identified by GoP under the MSE-
CDP Programme of GoI. Currently, 4
CFCs are under various stages of
implementation in Punjab.
(ii) Ease of Doing Business
• Invest Punjab model has
been extended to district
level for MSMEs
● Make in Punjab Policy:
•
Goods manufactured in Punjab
are preferred in Govt.
Procurement
MSE Facilitation Councils:
Support for Resolution of
Payment issues with Pan
India Buyers. Constituted in 7
districts. 105 claims Worth
INR 233 crore disposed off
(since Nov 2018)
(iii) Increasing Efficiency with
Access to Technology
•
R&D Centers
For Capacity Building of MSMEs
R&D Centre for Bicycle and Sewing
Machine (Ludhiana)
• Auto Part and Hand Tool Institute
(Ludhiana)
.
.
Machine Tools Institute (Batala)
AI-focused Centre of Excellence at
IIT Ropar in partnership with
National Chung Cheng University of
Taiwan
MSMEs in Punjab Growing to become
Suppliers in Global Value Chain
GS
JAGDEV
INTERNAT CHAL
ENGINEERING SOLUTION PVT. LTD.
Emson
Jmpi
J
Coming Soon
PUNJAB RIGHT TO BUSINESS ACT 2019
Starting a Business on Day 1
45
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