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The Indian manufacturing industry is characterized by the predominance of Small and Medium Enterprises (SMEs) located in clearly identifiable sector/product specific geographic clusters. There are at least 350 such important industrial clusters in the country covering the sectors like textiles, leather, pharma and others which contribute significantly to the employment and exports in the country. In addition there are close to 4000 artisan and agro processing clusters in the country providing employment to a large cross section of society. One of the major constraints faced by the SMEs in these clusters has been lack of adequate and quality infrastructure, which has been adversely affecting the industrial competitiveness
Cluster Development Initiative (CDI) has been set up as a strategic business unit with in IL&FS with the objective of undertaking the cluster development programmes across industry clusters. The Initiative is aimed at enhancing the competitiveness of small and medium enterprises (SMEs) through a cluster based Public-Private Partnership (PPP) approach. Based on the felt need assessment, a wide range of services which includes capacity building, financial, engineering, technology and marketing linkages, are provided to the targeted cluster enterprises in an integrated and commercially sustainable manner
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