“OASME council for engineering and technology or ACURATE engineering cluster has been incorporated as a company registered under section 8 of the company’s act. This cluster is under the aegis of OASME industry association which contains 88 members where as 30 entrepreneurs are the permanent members of the special purpose vehicle (SPV) having equal shares.
Acurate Engineering Cluster is the largest (Common Facility Centre) in the eastern zone of India, dedicated to providing all types of engineering manufacturing works, including Metal fabrication, Agriculture equipment, Furniture, Electrical equipment, Mechanical & Hydraulic equipment, Die works, Automotive parts & many more.
Read Morehancing the production level by 50% within 3 years
Increasing the productivity by 30%
Embarking upon composite Engineering products
Upgrading 25% of the job work based micro enterprises to full-fledged enterprises in the next 3 years
Exploring new export markets within 3 years
Exporting 25% of the production within 3
Attempting to attract employment for 10 K people after CFC being established, (Directly & indirectly)
Transforming the Odisha based engineering cluster into a fast emerging outsourcing destination for design and manufacture of Engineering products, machinery, equipment and Agricultural equipment by 2025 by infusing technology, quality standards and cultural changes among the micro & small enterprises to impel them from the state level to a world class manufacturing hub.
Startups in Odisha are gaining momentum as the state increasingly becomes a hub for innovation and entrepreneurship. Traditionally known for its rich cultural heritage and natural resources, Odisha is now attracting attention for its growing startup ecosystem, driven by a combination of government initiatives, a young and educated workforce, and rising investment opportunities.
At OASME Council For Engineering And Technology (ACURATE), we are dedicated to fostering innovation and empowering entrepreneurs by providing the resources, mentorship, and strategic support needed to launch and scale successful startups through our incubation program.
Our mission is to create a vibrant ecosystem where emerging businesses can thrive, by connecting them with investors, industry experts, and a network of like-minded innovators. Whether you’re in the early stages of development or looking to expand your reach, we offer tailored solutions that help startups navigate challenges, optimize growth, and achieve long-term success in today’s competitive market.
