It has been felt necessary to put up and promote a unified, empowered, robust, bundled and technology-driven platform for helping and promoting the Micro, Small and Medium Enterprises (MSMEs) of the country. As the name suggests it will aim at Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. Accordingly, the name of the system is CHAMPIONS. This is basically for making the smaller units big by helping and handholding.
Three basic objectives of the CHAMPIONS:
1. How to help the MSMEs in this difficult situation in terms of finance, raw materials, labour, permissions, etc.
2. How to help them capture new opportunities like manufacturing of medical accessories and products like PPEs, masks, etc.
3. How to identify the sparks, i.e., the bright MSMEs who can not only withstand but can also become national and international champions.