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SMEDA stepped into the foray of the Public Sector Development Program (PSDP) in 2006-07 by initially establishing four Common Facility Center projects, financed through the PSDP window. These projects are conceived in consultation with prominent cluster stakeholders and aim to catalyze the adaptation of best business practices and induction of new technologies through demonstration, training, provision of common facilities, and ancillary services. Currently, SMEDA has a portfolio of twenty-eight projects with a total outlay of Rs. 4.2 Billion.
