Loan Facilitation Camp for Industries in Coimbatore's CODISSIA on October 15 - District Collector Announces

Coimbatore District Collector Kranthi Kumar Pati announces a loan facilitation camp for MSMEs on October 15 at CODISSIA Trade Fair Complex. The camp aims to support new and existing businesses with financial assistance.


Coimbatore: District Collector Kranthi Kumar Pati has announced that a loan facilitation camp for Micro, Small, and Medium Enterprises (MSMEs) will be held in Coimbatore on October 15, 2024. The camp is organized to provide financial assistance to new and existing businesses in the district.

In a recent press release, Collector Kranthi Kumar Pati stated that Coimbatore district has more than 2 lakh registered MSMEs. These enterprises are engaged in various sectors including manufacturing, services, and trade.

The Collector emphasized that these businesses require financial support for starting new ventures, expanding existing ones, and managing working capital. To address this need, the Tamil Nadu government has instructed the district administration to organize a loan facilitation camp with the participation of all bank officials.

The camp is scheduled to take place on Tuesday, October 15, 2024, at 10 AM in the 'D' Hall of the CODISSIA Trade Fair Complex. This initiative aims to bring together bank officials and entrepreneurs under one roof, making it easier for businesses to access financial services and information.

Collector Kranthi Kumar Pati has invited all MSME owners and interested members of the public to participate in the camp and benefit from the financial services offered. The event is expected to play a crucial role in supporting the growth and development of the MSME sector in Coimbatore district.

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