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Home arrow Automotive arrow Setting up of New mini Tool Rooms in the country under the PPP model
Setting up of New mini Tool Rooms in the country under the PPP model Print E-mail
Written by Ganesh   
Saturday, 12 April 2008
New Delhi: The Cabinet Committee on Economic Affairs today gave its approval to a proposal from Ministry of Micro, Small and Medium Enterprise to set up Mini Tool rooms in the country.

These new mini tool rooms will be set up under Public Private Partnership (PPP) Mode, in cooperation with the State governments / Industries / Associations / Companies / NGOs / Individuals.

The proposal is one of the recommendations of National Manufacturing Competitiveness Council set up by Government of India with a view to improve the competitiveness of Indian manufacturing Industries, particularly the micro, small and medium enterprises.

These tool Rooms are being set up to create more facilities for designing and manufacturing of quality tools, dies, jigs, fixtures etc. and to provide skilled manpower to micro, small and medium enterprises by conducting skill development programmes.

Meanwhile the Coimbatore Industrial Infrastructure Association (COINDIA) will dedicate a Rs.60 crore cluster project on Saturday. The Rs.60 crore cluster project comprises a Rs 39.39 crore grant from the Central Government, Rs 1.21 crore grant from the State Government and Rs 19.40 crore contributed by COINDIA and other industrial associations.

It is now almost complete and will be dedicated at COINDIA complex in Avarampalayam on Saturday in the presence of Union Minister of State for Textiles, EVKS Elangovan. This project is expected to create 30,000 new job opportunities.

In the final stages of the project a Rs.15 crore common modern tool room (CMTR) will be set up at Electrical and Electronic Industrial Estate near Coimbatore airport. The project also includes a Product Die and Mould Centre (PDMC) with the latest machines installed.

 
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