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MSME Ministry Adopts AI and ML to Facilitate MSMEs

The Ministry of MSME has onboarded the latest IT tools of AI and ML for providing assistance and solutions to the issues of Micro, Small, and Medium Enterprises
BY BEx Bureau
BusinessEx
Oct 14, 2020

The Ministry of MSME has lately onboarded the latest IT tools of artificial intelligence (AI) and machine learning (ML) for providing assistance and solutions to the issues of Micro, Small, and Medium Enterprises (MSMEs). The ministry has implemented AI and ML on its robust single window system 'Champions' which was launched by the Prime Minister. This multi-modal system has a portal at virtual level and technology equipped physical control rooms at around 69 locations of the country.

In this pandemic, the ministry of MSME is converting the crisis into an opportunity with futuristic interventions. It is facilitating the MSMEs in breaking their barriers, making a paradigm shift and becoming champions.

"It is working aggressively to take the Nation and the MSMEs in the direction of Industry 4.0. They are not only adopting the technologies categorized as part of Industry 4.0 but are also encouraging the MSMEs to adopt the same. They are also helping the MSMEs to manufacture its essential and enabling products like sensors, motors, computer displays and other animation technologies," the MSME Ministry said in the official statement.

During the AI summit, the MSME Minister, Nitin Gadakari elaborated the work done by the ministry in this direction. He thanked Intel and its partner for doing this service to India Pro-Bono.

"The entire concept and scope analysis and design has been done inhouse in the Ministry with the help of NIC and under guidance of the local team of Intel. He complimented these teams wholeheartedly," Gadakari also said.

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