India Technology Center Systems Project (TCSP) Description Development Challenge Purpose: To enhance the productivity and Manufacturing has long been recognized as an essential competitiveness of Micro, Small, and Medium driver of economic development for most countries, as it has Enterprises (MSMEs) by improving access to an important economic and employment multiplier effect. technology, business advisory services, and skilled workers through a system of financially sustainable India’s manufacturing performance has not been encouraging, Technology Centers across India with a strong despite a strong potential. The manufacturing sector faces emphasis on Low Income States. severe constraints including difficulties in accessing markets Expected Results (include): Setting up 15 new and finance, poor infrastructure, disincentives for MSMEs Technology Centers and upgrade the technological capabilities of the existing 18 Centers by developing growth, and lack of access to technology and skills. links with Indian and international research institutes Project Description and leading manufacturers. The project will develop the technological and skills base of IBRD Financing: $200 million MSMEs in selected manufacturing industries though Technology Centers, which are shared facilities that enable MSMEs to access technologies, business advisory services, and training to improve productivity and competitiveness. The Technology Centers will support industry clusters across manufacturing chains, both upstream (tooling industry) and downstream (such as automotive, electronics and fragrance and flavor industries). The program will also complement the work being done by public private providers of vocational training; help them improve their curricula; train their trainers; and establish links between the Technology Centers and © World Bank other institutes. For more information: http://www.worldbank.org/projects/P145502/technology-center-systems-project-tcsp?lang=en 54