Development of technology based virtual clusters: application for msme sector

Clusters allow small businesses belonging to different sectors to co-exist with their fellow enterprises on the web-portal and enable them to capitalize on the benefits of networking would contribute towards further growth of MSME Sector. India has around 400 industrial clusters and over 3000 artisan clusters that remained an effective policy tool for inclusive and sustainable economic development and cluster development reinforced industrial development. The Virtual Clusters is a single window source of information for all the stakeholders like Industry, Academia, Institutions, Domain Experts, Professionals, Consultants, Prospective Entrepreneurs, etc. Virtual network wherein different clusters of Micro, Small and Medium Enterprises can connect on a common platform and share information to help them expand their business. This will facilitate the stakeholders to leverage the expertise of each other to their mutual growth and benefit. Micro, Small and Medium Enterprises are the backbone of an economy. They are the most prolific job creators and pioneers in developing new ideas.