SIDBI ropes in private sector for cluster development

New Delhi, March 22 (KNN) In order to increase competitiveness of the five sectoral clusters in the country, Small Industries Development Bank of India (SIDBI) has roped in private sector, and granted the project to an Ahmedabad based economic development agency, Cluster Pulse for suggesting appropriate measures to achieve competence for the SMEs.

The five clusters for which the project has been granted are - Jammu & Kashmir Tourism Cluster (Jammu, Kashmir & Ladakh), Alleppey (Kerala) Coir floor covering cluster, Dehradun pharmaceutical cluster, Panipat carpet cluster and the Indore pharmaceutical cluster, a press release by the agency said.

"The objective of this project is to carry out detailed analysis in the five clusters with a view to identify non- financial gaps and suggest appropriate measures to achieve the desired competitiveness," it said, as quoted in a media report.

The major focus will be on non-financial issues, infrastructure and marketing aspects, it added.

According to the founder of the agency, Jagat Shah, the project includes Analysis Of Business Operations (AOBO) of cluster, SWOT (Strengths, Weaknesses, opportunities and threats) analysis, vision for the cluster (both short term and long term), present pain points and actionable points on these.

The project will also include infrastructure related issues which are affecting the growth of the cluster. They include spatial issues -- basic cluster infrastructure (roads, industrial space, power, gas), common facility centre, marketing infrastructure, water and effluent treatment infrastructure.

It will also look at cloud / IT services infrastructure, eGovernment linkages including Public Private Partnership (PPP), environmental degradation related issues, renewable energy sources, technical requirements, & international market linkages, the release added.