Ludhiana,: MSME support and outreach program was organized today for hosiery industry by Indian Overseas Bank in association with Ramana International Pvt Ltd. at Guru Nanak Bhawan, Ludhiana.
Guest of honor for the occasion was Mr. Neeraj Soi (IRS) – Joint Commissioner Custom and Central Excise. The program was organized to make the hosiery industry and also auto-parts industry aware of schemes and incentives offered by the Government of India for the growth of industry especially MSME and how the banks can help in this regard. A special seminar was conducted by the keynote motivational speaker and corporate trainer Mr. Sushil Arora who shared various business success stories and ideas to multiply business growth.
The seminar focused on various schemes offered by the government like MUDRA, Start up India, CGTMSE and through a government initiative of psb loans in 59 minutes by applying on its website and elaborated on the same.
Speaking on the occasion, Mr. S.P. Goyal – Sr. Regional Manager Indian Overseas Bank said, “Today we organized a very informative session for the hosiery industry and auto parts industry to make them aware of the various bank funding options available through various government schemes to help the industry grow. We have more than 65 branches in Punjab and are eager to be on board to help the industrialists for their funding requirements and request more businessmen to avail these facilities. I, on behalf of IOB invite the industry to come forward and can get in touch with me and we assure the best possible support to everyone.”
Mr. Parmesh Wassist (Roby) – Managing Director Ramana International Pvt Ltd said that, “We are very thankful to Indian Overseas Bank for coming forward and taking this initiative to make us aware of the various bank funding and credit options available to the industry. We are glad to be associated with IOB and this will certainly help our customers and the industry at large in terms of giving them the necessary support and encouragement to plan for growth. Machinery installation is a very capital intensive business and requires long term funding and planning. We are excited with IOB coming on board to help the entrepreneurs with bank funding and credit facilities and are thankful for their support. ”
Mr. Sushil Arora – motivational speaker and corporate trainer said, “As business involves huge risk, I encourage and motivate the businessman and shared techniques to multiply their business and expand their horizon. I ask the entrepreneurs to widen their horizon and look for new markets like exports as India is going to be the engine of growth for global economy for next few decades, opportunity is ripe for taking.”
The seminar was very well conducted by Ram Krishan – Chairman GMMSA Expo India and Aruna Jyoti – Sr. Manager – Oriental Bank of Commerce and was well attended by the industry at large.
