MSME Technology Centres start recovery from COVID slump

MSME Technology Centres under the MSME Ministry have begun to pull out of their COVID-induced fall as the total number of trainees trained across 18 centres in the financial year 2021-22 registered increased by 8 per cent. During the pandemic, the number had sharply dropped by 51 per cent from 2,73,437 trainees trained in  FY20.

growth getty -

Similarly, the aggregate revenue of all the MSME Technology Centres has witnessed a recovery of 11 per cent to Rs 216.66 crore in FY22 from Rs 195.19 crore in FY 21.

The 18 TCs are located across Kolkata, Ludhiana, Indore, Ahmedabad, Aurangabad (Maharashtra), Jamshedpur, Bhubaneswar, Guwahati, Jalandhar, Hyderabad, Ramnagar (Uttarakhand), Mumbai, Kannauj (Uttar Pradesh), Firozabad (Uttar Pradesh), Agra (two centres), Meerut, and Chennai.

MSMEs assisted through 18 TCs have also recovered by 13.3 per cent to 31,554 units in FY22 from 27,831 units in FY21. The data has revealed that the increase in trainees trained, revenues and units assisted in FY22 was still the second-lowest in seven years since FY16.

Latest news

Star Hospitals Appoints Rajendra Kshirsagar as Chief Information Officer

Star Hospitals, Hyderabad, has appointed Rajendra Kshirsagar as its Chief Information Officer (CIO), a role he assumed in August...

Alkem Laboratories Appoints Bipin Lokegaonkar as Chief Information Security Officer

Alkem Laboratories has appointed Bipin Lokegaonkar as its Chief Information Security Officer (CISO), effective November 2, 2026. He joins...

Sughosh Nagendra Joins Karnataka Bank as Chief Technology Officer

Karnataka Bank has appointed Sughosh Nagendra as its Chief Technology Officer (CTO), effective October 30, 2026. With nearly three...

Amit Kiran Deb and Sumit Banerjee to Continue as Independent Directors at Emami Paper Mills

Emami Paper Mills Limited has approved the reappointment of Amit Kiran Deb and Sumit Banerjee as Non-Executive Independent Directors...
spot_img

You might also likeRELATED
Recommended to you

spot_img