Industry heads from Coimbatore and Tiruppur districts meet Chief Minister Vijay
Industry leaders from Coimbatore and Tiruppur districts recently met with Chief Minister C. Joseph Vijay to discuss challenges facing the MSME sector. They highlighted the need for improved funding and support for micro industries, as current loan disbursements are significantly low. Additionally, the delegation emphasized the importance of the apparel industry in achieving Tamil Nadu's export goals and its role in providing employment.
- ▪The meeting included leaders from various industrial associations, including CODISSIA and the Tiruppur Exporters' Association.
- ▪The CODISSIA reported a decline in funding for MSMEs, particularly under the CGTMSE scheme.
- ▪Tiruppur accounts for nearly 68% of India's knitwear exports and employs over 10 lakh workers, predominantly women.
Opening excerpt (first ~120 words) tap to expand
Heads of industrial associations in Coimbatore and Tiruppur districts met Chief Minister C. Joseph Vijay in the last few days.The Chairman and Managing Director of Lakshmi Machine Works (LMW), Sanjay Jayavarthanavelu, and Chief Strategy Officer K. Soundhar Rajhan, met Mr. Vijay recently.M. Karthikeyan, president of the Coimbatore District Small Industries Association (CODISSIA), V. Rangaswamy, its vice president, M.V. Ramesh Babu, secretary of COINTEC, and V. Sundaram, director, of the CODISSIA Defence Innovation and Atal Incubation Centre, met Mr.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
Discussion
0 commentsMore from The Hindu — Top
