The scheme aims at facilitating the MSMEs in India with cost-effective solutions and expert advice on real-time design issues, further enhancing competitiveness by product developments in global markets.
Facilitating MSMEs with developments in design strategies through design consultancy and interventions. Financial support to be provided to MSMEs by design consultants for design intervention (GoI contribution at the rate 75% for micro, 60% for SMEs for the project range up to INR 40 lakhs).
Shall also support design work by reimbursing 75% of expenses incurred up to INR 1.5 lakhs for final year student project done for MSMEs.
SCHEME APPLICABLE FOR
Bringing Indian manufacturing sector and Design fraternity to a common platform and to avail cost-effective solution and expert consultation on real time design issues, resulting in continuous improvement in new product developments.
HOW TO APPLY
MSMEs can submit their proposal to Implementing Agency (IA) as per scheme guideline.