Dinesh Rai, former Secretary of Ministry of MSME and Founder of Alliance of Industries Association recently visited Nagpur. He chaired the meeting with innovators. P M Parlewar, Director of MSME-Development Institute, Nagpur and B C Bhartia, President of CAIT, Nagpur called the meeting of innovators. Innovation generally refers to changing process or creating more effective processes, products and ideas for business. This could mean implementing new ideas, creating dynamic products or improving existing services. Innovation can be a catalyst for the growth and success of business and help anyone to adapt and grow in the marketplace.
Being innovative does not only mean inventing. Innovation can mean changing business model and adapting to changes in environment to deliver better products or services. Successful innovation should be an in-built part of business strategy, where one can create a culture of innovation and lead the way in innovative thinking and creative problem solving. Innovation can increase the likelihood of business succeeding. Speaking on the occasion, Dinesh Rai said, “Consult with customers and employees for ideas on improving processes, products and services both internally and externally. Find out more about connecting with customers for ideas.”
He suggested to use available resources such as business advisors, grants and assistance to drive innovation in business. This may include seeking intellectual property (IP) protection to commercialise ideas. “Learn more about local collaboration and international collaboration with researchers,” he said. He said, “We should be open to new ideas and adaptive to change.” P M Parlewar said, MSME-DI Nagpur is always ready to give encourage entrepreneurs so that they can become successful in their lives. He spoke about various schemes of Ministry of MSME for the entrepreneurs. He said, “Now the schemes are revised and are more simplified.”
He appealed the innovators to get acquainted with the schemes and benefit. He said, MSME-Development Institute, Nagpur always help innovators with the help of incubation centres set up in various engineering colleges. MSME-DI wanted to set up maximum incubators in Vidarbha region. The new guidelines are now open for engineering colleges, as well as for NGOs. B C Bhartia said, The Alliance of Industries is national-level organisation catering to the needs of MSMEs all over the country. The industries associations of various states are the members of Alliances of Industries. The various issues related to the MSMEs are actively taken up by Alliance at policy makers level. Manish Jha of MSME-DI, Nagpur co-ordinated the meeting.