Clusters and clusters development
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Small and Medium Enterprises in India — Certificate Course on MSME.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What is an industrial cluster in the context of MSME development?
An industrial cluster is a geographic concentration of interconnected businesses, suppliers, service providers, and associated institutions in a particular field, linked by commonalities and complementarities.
What is the Marshall's concept of external economies as applied to industrial clusters?
Cost advantages arising from geographic concentration of similar firms.
Which government ministry is the nodal ministry for MSME cluster development in India?
The Ministry of Micro, Small and Medium Enterprises (MoMSME) is the nodal ministry for cluster development initiatives in India.
What is an 'anchor unit' in the context of an MSME cluster?
A large firm that drives growth and linkages in the cluster.
What is the Micro and Small Enterprises Cluster Development Programme (MSE-CDP)?
MSE-CDP is a flagship scheme of the Ministry of MSME that supports establishment of Common Facility Centres (CFCs), infrastructure development, and soft interventions to enhance the competitiveness of clusters.
What is the minimum number of units generally required under MSE-CDP for a mini cluster?
At least 20 units to qualify as a mini cluster.
What is a Common Facility Centre (CFC) in cluster development?
A Common Facility Centre is a shared infrastructure facility set up within a cluster to provide common services such as testing, quality certification, design, training, and machining to member MSMEs at affordable costs.
What does 'horizontal networking' mean in MSME cluster development?
Collaboration among similar firms at the same production stage.
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