• To promote the development of Micro, Small, Medium, Cottage and Rural Enterprises
• To cooperate with other business, industrial, educational institutions in collecting and exchanging research and data deemed useful for the development of the MSME sector
• To give professional, technical and management consultancy services.
• To undertake surveys, studies and research assignments.
• To further the cause of micro and small industries through coordination with central and state governments.
• To establish and operate trade centers, display centers, subcontracting exchanges and other professional forums for the benefit of Micro and Small enterprises