Context:

Regional Cluster concept of economic development playing important role in an Indian success story, as per United Nations Industrial Development Organization (UNIDO).

About:

• UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization, and environmental sustainability
• The UNIDO Regional Office in New Delhi acts as a focal point to promote UNIDO’s mandate of inclusive and sustainable industrial development in India.

Cluster

• Clusters are geographic concentrations of interconnected companies and institutions in a particular field.  Clusters encompass an array of linked industries and other entities important to competition.
• Clusters are geographic concentrations of interconnected companies and institutions in a particular field.  Clusters encompass an array of linked industries and other entities important to competition.