This package will be used for setting up 'Model Manufacturing Workshop' that will focus on upgradation of skill development programmes, he added.
Introduction of TUF will benefit the MSME sector by enabling clusters to infuse advanced technology, which, in turn, would augment productivity, reduce costs, improve quality and spur innovation. This will also make MSMEs ready for global competition, he added.
Shah also informed the minister that the MSMEs would benefit through its multiple initiatives comprising infrastructure development projects such as the Mumbai Jewellery Park and Gem Bourse in Jaipur, which would give artisans better working conditions and state-of-the-art facilities.
Common facility centres have been already set up in four clusters in Gujarat and are running successfully. Some more CFCs are in the process of being established in Coimbatore, Kolkata, Delhi, Rajkot, Jaipur and Hyderabad in the near future, he added.