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The Ministry of MSME opened a Technology Centre at Devanahalli, Bengaluru, Karnataka on 10 September 2026: ₹156 crore on 10 acres provided by the Karnataka government.
Its focus sector is Electronics System Design & Manufacturing (ESDM), and it is expected to train about 10,000 trainees a year.
The next Technology Centre is planned for Belagavi, Karnataka, at a cost of ₹178 crore.
General Awareness > Economy > MSME Sector
Consider the following statements with reference to India: 1. According to the 'Micro, Small and Medium Enterprises Development (MSMED) Act, 2006', the 'medium enterprises' are those with investments in plant and machinery between ₹15 crore and ₹25 crore. 2. All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector. Which of the statements given above is/are correct?
Answer: Neither 1 nor 2
Electronics System Design and Manufacturing — the design, assembly and production of electronic systems and components.
An MSME is classified by investment AND turnover together; crossing either ceiling moves it up a category.