The backbone of India's economy comprises a large number of micros, small and medium-sized enterprises; which contributes for employment of more than 110 million citizens, over 30% to the country's GDP, and almost 45% of its exports. Ministry of Micro, Small and Medium Enterprises, has been established Technology Centre Systems Programme to improve technology, innovation, and reduce the technological gap for small to medium-sized enterprises. The programme establishes Technology Centres, which are also known as Technology Development Centres.

This paper studies how Traditional Discipline Centres, or TDCs, may be used as a mechanism for the fusion of Indian knowledge systems with contemporary technology and innovation. This analysis suggests that there are improvements in economic resilience and in the skills required for green entrepreneurship. This is based on the information available in government and academic papers and case studies. In 2024, over 330,000 trainees have been equipped with skills via these training centres, and more than 33,000 companies have received support, which helped these companies to experience productivity gains of as much as 35%.

Businesses that use the IKS model are KVIC and Khadi. Together, they managed to generate sales of over 115,000 crore rupees. Notwithstanding the advancements made, there are still a number of issues with IKS integration which prevent innovation that has become deeply ingrained in the company's culture from flourishing. The proposed policy framework includes strategies to achieve equitable economic development and recommends the use of a technology and innovation strategy to fix these gaps. This strategy is in line with the Centre's 'Atmanirbhar Bharat' mission, and is also aimed at enhancing the competitiveness of the MSMEs.