How extension of ECLGS, LGSCAS initiatives wil benefit MSME Sector

February 24, 2023

ECLGS was announced as part of the Atmanirbhar Bharat package in May 2020 with the objective to help businesses including MSMEs to meet their operational liabilities and resume businesses in view of the distress caused by the Covid-19 crisis, by providing banks, 100 per cent guarantee against any losses suffered by them due to non-repayment …

‘Germany, Korea, Japan looking at SME investments in TN’

February 18, 2023

Tamil Nadu industries secretary S Krishnan on Friday said Germany, Korea and Japan were showing interest in investing in the Small and Medium Enterprises (SME) sector in the state. In his address at the India manufacturers and SME Summit here, he said, manufacturing will play a key role in the state attaining the $1 trillion …

SIDCO to launch two plug-and-play facilities for MSMEs in Chennai

February 18, 2023

SIDCO will open two plug-and-play facilities for MSMEs, one each in Ambattur and Guindy Tamil Nadu Small Industries Corporation Ltd. (SIDCO) will soon launch plug-and-play infrastructure to the tune of about 2.8 lakh sq ft for MSMEs in Chennai, according to V Arun Roy, Secretary-MSME Department, Government of Tamil Nadu. A number of plug and …