Hotline: 1800 102 2007
X
Search Business Opportunities
2010-03-02

ADB to give $ 30 million for the development of MSME

The Asian Development Bank (ADB) has approved a loan of $ 300 million for India for the micro, small and medium enterprise (MSME) development project.

The Asian Development Bank (ADB) has approved a loan of $ 300 million for India for the micro, small and medium enterprise (MSME) development project.

 

The loan amount which will be given to Small Industries Development Bank of India (SIDBI) for implementation is divided into two parts; sovereign loan of $ 50-million and a partial credit guarantee of up to $ 250-million.

 

Around 30,000 MSMEs are expected to benefit from the project. The $ 50-million loan will go to the state-owned Small Industries Development Bank of India (SIDBI) to fund enterprises that have become too large to tap traditional micro finance.

Related opportunities
  • Courier & Delivery
    About Us: Arogya Herbs was established in 2013 with a thought..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2013
    Franchising Launch Date 2013
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
  • Quick Service Restaurants
    About: Slanz Café offers a value proposition for the end customer,..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Publications & Print Media
    About: Jennard Galleries helps to create motivating workplaces where employees and..
    Locations looking for expansion Karnataka
    Establishment year 2003
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Kids & Infant Products
    About Us: Smartspeak is a technological innovation by TransLife Pvt.Ltd, Established..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts