Opportunities for MSMEs
Quality is crucial for precision products in Defence, the Micro, Small and Medium Enterprises (MSMEs) can help in producing small fabrications and various components that can be integrated.
MSMEs need to establish networking to pool their resources for manufacturing and catering orders. IDPFC will try to form group of MSME’s which may develop as aggregators, build capacity and boost the manufacturing value chain. This group would facilitate better B2B (business to business) interactions too and spur better procurement and supply management.