Hotline: 1800 102 2007
X
Search Business Opportunities
2011-01-14

Gujarat will give special status to MSMEs

The Gujarat government will give special status to sector-specific Micro, Small and Medium Enterprises (MSME) clusters to be set up near urban centres and label them "Special Parks," state Industries

The Gujarat government will give special status to sector-specific Micro, Small and Medium Enterprises (MSME) clusters to be set up near urban centres and label them "Special Parks," state Industries Minister Saurabh Patel said on Thursday. He was addressing a convention on MSME on the theme of "Fuelling Global Growth" at Mahatma Mandir. He said the government will keep the infrastructure cost to the lowest possible to ensure faster growth.

Patel said 1,000 hectares will be reserved for MSME at the Special Investment Region (SIR) of Dholera and that associations should come forward for clusters near urban centres.

Rajender Mohan Malla, Chairman, Industrial Development Bank of India (IDBI), said the recommendations by a special task force on MSME should ease the problems facing the sectors if they are accepted by the Centre. IDBI will finance MSME up to Rs 1 crore without any collateral, provided they are found viable, he said. Malla said the young and promising entrepreneurs will have to be nurtured because they will lead India Inc by 2020. 

Related opportunities
  • Quick Service Restaurants
    About Chaat Adda: Chaat Adda is a unique concept where we..
    Locations looking for expansion Madhya pradesh
    Establishment year 2014
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
  • Others Food Service
    Longlive Pizza Franchise Form About Us: This form is simply a request..
    Locations looking for expansion Tamil nadu
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil nadu
  • Souvenir Shops
    About Us: Established in Hong Kong, Coko is the brainchild of..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us  VIP Academy is one of gujarat`s renowned  chains of..
    Locations looking for expansion Delhi
    Establishment year 1996
    Franchising Launch Date 2013
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi 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