India Joins BRICS Industrial Hub to Strengthen Manufacturing Sector

India has formally joined the BRICS Centre for Industrial Competencies (BCIC), a major move to strengthen the country’s manufacturing sector and expand support for Micro, Small and Medium Enterprises (MSMEs) across the BRICS bloc.

The BCIC is a one-stop shop that was established together with the United Nations Industrial Development Organization (UNIDO) to provide a package of services and applications to its manufacturers to develop skills and to implement more contemporary practices and enhance Industry 4.0 abilities.

Signing occurred at an occasion organised by the Department of Promotion of Industry and Internal Trade (DPIIT) on Wednesday and a Trust Fund Agreement between DPIIT and UNIDO was signed with Economic Adviser Agrim Kaushal and UNIDO Director Dr. Cristiano Pasini. This agreement preconditions the increased involvement of India into the activity of other BRICS members regarding the industrial innovation and the productivity enhancement.

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National Productivity Council (NPC) is the official India Centre of BRICS Industrial Competencies. With technical support of UNIDO and under the policy direction of DPIIT, NPC will spear head the initiatives in India in the BCIC framework, in enhancing capacity building, increasing productivity, and promoting the practice of advanced manufacturing and particularly among the MSMEs.

The leaders of DPIIT, the ministry of MSME, the ministry of external affairs, the representatives of UNIDO and industry partners such as FECCI attended the event. Plugging into the BCIC, India will access the experience and global best practices and enhance competitiveness and enable local manufacturers to pursue the transition to the more digital and efficient production.