SIDBI joins hands with Government of Maharashtra to organize District Conclaves on Investment Promotion, Export, Ease of Doing Business and One District One Product
Small Industries Development Bank of India (SIDBI) and The Directorate of Industries, Government of Maharashtra have joined hands to organize District Conclaves on “Investment Promotion, Export, Ease of Doing Business, (EoDB) and One District One Product (ODOP)” in all 36 districts of the State of Maharashtra. There would be 2-day mega-conclaves in 18 districts and one-day conclaves in the rest.
Shri Sivasubramanian Ramann, IA&AS, Chairman and Managing Director of SIDBI said that these conclaves would harness the strengths of each district, spur new investments and boost exports. MSMEs would be major beneficiaries of these conclaves by increase in investment and growth in business. He also said that SIDBI is collaborating with state government for growth of MSMEs in the state and increasing the flow of credit to MSMEs. Special focus is being given for infrastructure development, venture capital to startups and green finance for sustainability of MSMEs.
Dr. Harshadeep Kamble (IAS), Principal Secretary (Industries & Mining) & Development Commissioner, Industries Department, Government of Maharashtra expressed that these conclaves, commencing from September 19, 2022, will greatly the benefit of MSMEs, industrialist and exporters of the district. He said “Maharashtra is the leading industrial state in the country contributing 14.2% of India’s GDP and around 21% of the country’s total exports. The Industries Department is implementing various schemes and polices to boost investment, export and Ease of Doing Business. Maharashtra has also taken definitive steps for successful implementation for ODOP initiative. These conclaves were being organized to create further awareness at district level, boost the MSME ecosystem at grass root level, attract more investment in Maharashtra and further increase export growth”.
Apart from SIDBI, the speakers in these Conclaves would be from the District Export Promotion Committee, the District Industries Centre and the Directorate General of Foreign Trade, Export Promotion Councils.
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About SIDBI:
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities. In the context of the changing MSME lending landscape, the role of SIDBI has been realigned through adoption of SIDBI Vision 2.0 which envisages an integrated credit and development support role of the Bank by being a thought leader, adopting a credit-plus approach, creating a multiplier effect and serving as an aggregator in MSME space.
