Centre for Global Competitiveness of MSMEs is research-cum-resource centre in NITIE, Mumbai, established in 2014 with exclusive focus on MSME competitiveness.
The MSME sector is the backbone of the Indian economy structure contributing to about 8 percent to the total GDP growth of the country and29th percent of the GDP of the country. It also contribute 24.63% of the GDP from service activities as well as 33.4% of India's manufacturing output. There are around 36.1 million units throughout the geographical expanse of the country providing employment to around 120 million persons and contributing to around 45% of the overall exports from India. About 20% of the MSMEs are based out of rural areas, which indicates the deployment of significant rural workforce in the MSME sector and is an exhibit to the importance of these enterprises in promoting sustainable and inclusive development as well as generating large scale employment, especially in the rural areas.
However, in comparison to the rest of the globe the Indian MSME suffer from low level of global competitiveness. The skewed size distribution of firms with large number of micro and small enterprises and low presence of middle sized firm is attributed to the low level of productivity of the sector and popularly known as the problem of “Missing Middle”in Indian Industry.
In order to make the Indian MSME more productive there is therefore a vast network of organizations working for the benefit of MSMEs. But given the huge size of the sector and complexity of their problems, the current efforts definitely fall short of the actual requirements. Moreover, there is an emergent need of tackling the problems of the MSME sector by integrating needs of the domestic economy with those of the global market.
NITIE, being a national institution of higher learning with focus on the manufacturing sector is a perfect fit to play this role.In this background, this centre was established for undertaking cutting edge research and training for the benefits of the MSME sector. The main focus of the center is to analyze the Institutional, Economic, Financial and Technological factors that can contribute to the productivity and competiveness of the sector and disseminate the finding among themain stakeholders like the Industry Association, Academia and the Government bodies. Academic community including NITIE students can also benefit from the resources generated by the centre. The future goal is to make this centre a nodal Resource and Research Centre on MSME Competitiveness.
The broad objective of the Centre is to create, accumulate and disseminate knowledge on diverse fields of competitiveness for enhancing economic competitiveness of Indian MSMEs.
The specific objectives of the Centre are as following:
Talk on "Export Challenges of MSMEs" by Dr Justin Paul at NITIE ,on 1st Aug 2018
Past Activities of the centre:
Research Projects (Objective, Funding/grant)
The Center has funded the following research projects
The Centre for Global Competitiveness of MSMEs, hosted a special conference on“MSMEs at Cross Road: An Analysis of the Impact of GST, New Financial Schemes and Change in Definition”, at NITIEon 10th March 2018. Following are the key speakers for the workshop
Subscribed the following electronic databases for use of NITIE faculty students:
Area: Economics & StrategyResearch Interest: Industrial economics, network economics,productivity & efficiency related issues.
Area: Economics & Strategy Area of Research: Globalization and Global Competitiveness, Economics of Strategy and SME Clusters.
Area: Economics & Strategy
Area of Research: Regional Innovation systems and MSME Clusters, Economics of Renewable Energy, Multi-modal mobility choices, Environmental and Natural Resource Valuation.
Area: Accounting & Finance.
Area of Research: International Finance, Corporate Finance, Financial Econometrics, Macro Monetary Economics and Applied Econometrics
Area: Engineering Technology & Project Management
Area of Research: Operations Research, Project Management And Metaheuristic Algorithms
*RA/Research scholars/Postdocs (Names and Photograph) Research Assistant
Centre for Global Competitiveness of MSMEs (CGCM)
National Institute of Industrial Engineering (NITIE)
Vihar Lake, Mumbai-400 087.
Tel: (022) 28573371
Fax: (022) 28573251