PIB News Update: Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises has informed that As reported by the Ministry of Defence, the number of Micro, Small and Medium enterprises (MSMEs) Vendors in India under domestic defence production sector is 8,643.
Several schemes/initiatives have been put in place to support MSMEs including those in the defence production sector. These include Prime Minister’s Employment Generation Programme (PMEGP), Micro and Small Enterprises-Cluster Development Programme (MSE-CDP), Scheme for Promotion of MSMEs in North Eastern Region and Sikkim, Tool Rooms and Technology Centers, Mission Solar Charkha (MSC), Scheme of Fund for Regeneration of Traditional Industries (SFURTI), Procurement and Marketing Support Scheme, Entrepreneurship Skill Development Programme (ESDP), Credit Guarantee Scheme for Micro and Small Enterprises (MSEs) and Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS). The Ministry of Defence has also taken various measures to support domestic defence production across the country. These include Make-I and Make-II projects, Defence Investor Cell and Innovations for Defence Excellence (iDEX).