In the present competitive world era of manufacturing, industry application of Information and Communication Technology (ICT) is indispensible. The reason for which the developed nations achieved faster growth in the Small and Medium Enterprises (SMEs) is mainly because they adopted ICt much before developing nations.
Principal Secretary of Information and Technology department, Jharkhand N. N Sinha opined these, while delivering inaugural session of a seminar on the topic ‘Empowering SMEs through ICT intervention’ organized by Confederation of Indian Industry (CII), Jharkhand chapter recently.
He insisted that timely adoption of ICT helped the developed countries’ SME industry to attain maturity in inventory management.
“It’s high time that the domestic SME industry shows greater inclination in adopting ICT for faster growth,” said Sinha further stating that this practice would be cost effective and keep the entrepreneurs updated about the functioning of an industry including maintaining accounts and stocks, production figures etc. online.
Furthermore, the secretary added that owing to lack of IT practice in the state, the government has not implemented the proposed single window solutions in the industries so far.
Underlining the importance the government has attached to information and technology, Sinha added that the government has introduced online collection of taxes and registration of vehicles along with the maintenance of land records to simplify the system.