तमिलनाडु के मुख्यमंत्री ईके पलानीसामी ने सीआईआई की दक्षिणी क्षेत्रीय बैठक में उद्योगपतियों को संबोधित करते हुए कहा कि तमिलनांडु साल 2018 में एक ग्लोबल इंवेस्टर मीट का आयोजन करेगा। उन्होंने कहा कि राज्य जल्द ही एरोस्पेस और डिफेंस पॅालिसी को बनाएगा। जिससे कि राज्य में निवेश करने वाली कपंनियों …
Tag: Tamil Nadu
TN tops in microfinancing sector: CRIF High Mark official
Coimbatore: Tamil Nadu stood on top in the country in availing loans through micro-finance, accounting for 10-12 per cent of total lending portfolio of Rs 1 lakh crore, an official of credit information firm CRIF High Mark said. A total of 72 lakh women and their households had availed Rs 12,000 …
Centre grants Rs 200 cr for Tirupur dyeing units
The Centre has sanctioned Rs200 crores for Tirupur’s dyeing industry that was on the verge of closure due to severe financial crisis after making huge investments in the country’s first Zero Liquid Discharge projects for effluents. Tirupur is a hub of the textile processing and knitting industry …
Coir Board to release new products
Tamil Nadu: Coir Board is focusing on technology infusion, products development and market diversification so as to achieve an export realisation of nearly Rs 3,000 crore from coir products by 2017-18 financial year, according to Board’s Chairman C. P. Radhakrishnan. “Research and Development act…
TN & Telangana to come up with entrepreneurship development centres
In a move to harness the skills of entrepreneurs, Tamil Nadu as well as Telangana governments would soon set up entrepreneurial development centres in the two states. The second such facility to come up in Tamil Nadu, a centre at Coimbatore would be set-up at an outlay of Rs. 2 crore, an official…
Andhra Pradesh tops in attracting industrial investments
Andhra Pradesh has emerged on the top among all other states in attracting industrial investments in 2015-16, pushing the previous year’s topper Maharashtra to the third spot. Andhra Pradesh attracted an investment of Rs 21,914 crore out of the Rs 1,38,700 crore gross investments across Ind…
MedPlus to set up 200 stores in tier II & III cities of TN
Pharmacy distributor MedPlus plans to set up 200 stores in tier II and III cities in Tamil Nadu over the next one year. “We are planning to reach out to the interior parts of Tamil Nadu and set up 200 franchise stores in the initial stage, in the next one year. We will be planning another […
Jaya announces e-procurement of paddy
Tamil Nadu Chief Minister J Jayalalithaa has announced in the assembly that the government would introduce e-procurement of paddy from farmers. The scheme, which will cost Rs 13.43 crore, will be implemented this year, the Chief Minister said. She told the Assembly that the e-procurement scheme w…
Five star business credits raises Rs 114 crore from Morgan Stanley PE Asia
Five Star Business Credits, which provides loans to micro entrepreneurs, has raised fresh funding of Rs 114 crore from investment firm Morgan Stanley Private Equity Asia, which has now acquired a minority stake in the Chennai-based company. The Matrix Partners-backed venture, registered as a non-…
MSME Employment generation grew at 73 per cent during 2009 – 15 | CRISIL Study
An analysis of about 5,500 Micro, Small and Medium Enterprises (MSMEs) which are engaged in manufacturing activity and which approached CRISIL for renewal rating between 2009 and 2015 shows that employment generated by these units grew at 73 per cent over these seven years. In 2009, the MSMEs pro…