Varanasi, March 1 -- The Indian Institute of Technology (IIT) Varanasi (BHU) has signed a Memorandum of Understanding (MoU) with the Ministry of Micro, Small and Medium Enterprise (MSME) under Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) to provide design expertise to manufacturing MSME sector.
The IIT (BHU) has been incorporated as one of the implementation agencies and would facilitate the smooth running of this scheme, which would be implemented through the office of the Development Commissioner (MSME).
Dr Mohd Zaheer Khan Yusufzai of the department of Mechanical Engineering, IIT (BHU) said that the goal is to help MSME manufacturing industries move up the value chain by switching the production mode fr...