|Wednesday, 20 August 2003|
Rs. 80 m Indian training centre for SME development
In a protracted bid to boost the small and medium scale industrial sector, the Government will launch a program to open toolshops and lathe machines in every Divisional Secretariat with training facilities from Hindustan Machine Tools Ltd of India.
The foundation stone to the first Hindustan Machine Tools Co. Ltd sponsored workshop , will be laid at Nikaweratiya today. The Training Centre which is estimated to cost Rs. 80 million is expected to be completed in May next year.
The aim of this project will be to turn out agricultural implements and components for water pumps and other agricultural and electronic implements. This project will also enhance entrepreneurship and skills development countrywide, Industries Minister Rohitha Bogollagama told the Daily News yesterday. The Minister said that the pilot project which will start at Nikaweratiya will have around fifteen Indian trainers who will be sent by Hindustan Machine Tools Ltd a pioneer in the industry whose annual turnover is in excess of Indian Rupees 1,500 million.
The Indian sponsors will train around 400 Sri Lankans annually and the Government will also set out a program which will aim at opening all the closed lathe machines which have been closed due to lack of trained personnel, he said
Produced by Lake House