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CSIR to focus on MSME sector; starts company to aid spinoff

18 September 2012

NEW DELHI: After developing a number of technologies for the societal and strategic areas, CSIR has now drawn up plans to focus on the micro, small and medium enterprises sector.

To realise its goal, Council of Scientific and Industrial Research (CSIR) is in talks with the State Bank of India to pick up stake in a company it has established in Pune to help MSME sector to start spin-off companies using technologies developed by its chain of 37 laboratories.

“We are in talks with SBI Ventures on how they can partner with us and provide cash flows for starting spin-off companies using CSIR technologies,” CSIR Director General Samir Kumar Brahmachari told PTI here….

Read more: http://www.business-standard.com/generalnews/news/csir-to-focusmsme-sector-starts-company-to-aid-spinoff/57856/

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Written by csirindia

September 19, 2012 at 10:12 am

Posted in CSIR

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