Tuesday, Aug 9 2022 | Time 04:46 Hrs(IST)
image
Business Economy


Need to keep vibrancy in enterprise development models: SIDBI CMD

Hyderabad, June 30 (UNI) Small Industries Development Bank of India (SIDBI) Chairman and Managing Director S. Ramann on Thursday said that there is need to keep vibrancy in enterprise development models.
In his keynote address at a National level Learn-Shop on development of the MSME ecosystem organized virtually by SIDBI along with its Project Management agency Grant Thornton (GT), Ramann mentioned that SIDBI has prioritized cluster development theme but can only evolve sustainable strategy in coordination with stakeholders, key being state governments.
He called upon all stakeholders to walk together for overall development of the MSME ecosystem in the country.
The objective of the event was to learn and share good practices aligned to cluster centric development thus maximizing adoption and adaptation.
Earlier, while welcoming participants including officials from over 20 state governments, V. Satya Venkata Rao DMD illustrated SIDBIs role in strengthening the enterprise value chain in cooperation with state governments.
He also highlighted the SIDBI Cluster Development Fund Scheme which is supporting State Governments for building MSME Cluster Infrastructure.
Prof. V. Padmanand, Partner, Public Sector Consulting, Grant Thornton Bharat elaborated on the key interventions and best practices evolved as a result of SIDBI’s engagement with various state governments/UTs through the deployment of PMU (Grant Thornton Bharat).
UNI KNR SHK2106
More News

Free air travel for spl kids, elderlies & house help for I-Day

08 Aug 2022 | 11:27 PM

Aurangabad, Aug 8 (UNI) On the occasion of the 75th Amrut Mohotsav of Indian Independence Smita Holidays, a tourism organization in Aurangabad, in collaboration with Flybig Airline, made free travel with a capacity of 72 seats for differently-abled children, senior citizens of old age ashrams and working domestic workers on Monday.

see more..

Honda launches new Powerful & Sporty CB300F

08 Aug 2022 | 11:09 PM

Hyderabad, August 8 (UNI) Honda Motorcycle & Scooter India, launched its all-new Powerful, Sporty & Aggressive - CB300F.

see more..
Country's economy is collapsed: Chavan

Country's economy is collapsed: Chavan

08 Aug 2022 | 5:43 PM

Kolhapur, Aug 8 (UNI) "Our country's economy is totally collapsed and the sever situation was creating like neighbouring countries like Pakistan, Srilanka, Bangladesh and other countries where their economic situation was ruined, said former state chief minister Prthivraj Chavan.

see more..
APSEZ consolidated net profit declines 17 pc to Rs 1,092 cr in Q1FY23

APSEZ consolidated net profit declines 17 pc to Rs 1,092 cr in Q1FY23

08 Aug 2022 | 5:35 PM

Visakhapatnam, Aug 8 (UNI) Adani Ports and Special Economic Zone Limited (APSEZ), the largest transport utility in India, on Monday reported a 17 per cent decline in the consolidated net profit to Rs 1,092 crore for the first quarter ended June 30, 2022 even as it registered highest ever quarterly cargo of 91 MMT.

see more..

Siemens energy plans Russia exit in fiscal year 2022

08 Aug 2022 | 5:18 PM

Moscow, Aug 8 (UNI) Siemens Energy AG said Monday it began winding down its business in Russia in the third quarter of 2022 and expected to leave the local market in this fiscal year.

see more..
image