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M/S Hosur Small Micro Engineering Components Private Limited,[HOSMEC] is a limited Company incorporated under the Companies Act 1956, formed by the members of HOSTIA, the association serving the cause of micro and small industries in and around Hosur for over three decades. HOSMEC will act as the Special Purpose Vehicles(SPV), for implementation of Common Facilities Center(CFC), a consortium project, under Engineering Cluster-Hosur.
WHY WITH US?
HOSMEC is a fast emerging outsourcing destination for design and manufacture of engineering products , machinery , equipment and auto components.
- HOSMEC is focused on the following objectives in its quest to help micro and small scale entrepreneurs and extend the benefits of economics of scale arising out of formation of consortium.
- To manufacture,produce or process engineering products and do the business of import/export/deal in all types of engineering products.
- To establish common facilities for design , development , process , manufacture , sell , lease , repair , service , import , export , overhaul , recover , market etc.
- To provide for testing , training , technical , consultancy research service in general engineering and auto products or components line.
- To facilitate establishment and development of industrial Projects of all types/including Cluster development schemes sponsored by Center Government/State government etc.
Transforming the hosur based engineering [Auto Components] cluster into a fast emerging outsourcing destination for design and manufacture of engineering products , machinery , equipment and auto components by infusing technology , Quality standards and cultural changes among the micro and small enterprises operation at Hosur.
- Upgrade 15% of the job work based micro enterprises in the next 3 years.
- Reduce cost of manufacture by 10%.
- Enhance the production level by 25% within 3 years.
- Increase the productivity by 20%.
- Explore new export markets within 3 years.
- Attempt to attract new employment for 10000 people by 2012.
- Provide a platform to the MSMEs to facilitate their interface with potential global partners and buyers.