Chandigarh: Haryana State Chapter, PHDCCI, in collaboration with Canara Bank, organized an MSME Cluster Meet today at PHD House, Sector 31, Chandigarh, with the objective of making MSMEs aware of the Government’s Industrial policies and bank funding schemes.
Sh. Lokesh Jain, Co-Chair, Haryana State Chapter, PHDCCI, welcomed the Speakers and participants, highlighting that MSMEs contribute significantly to India’s GDP, exports, and employment generation. Sh. B Ravi, Deputy General Manager, Regional Office, Chandigarh while expressing his views mentioned Canara Bank disbursement Rs. 1000 Cr last year and is all set to increase more funds this year, He also explained TAT (Turned around Time) for disbursement is minimum in Canara Bank.
In her opening remarks, Ms. Bharti Sood, Regional Director, PHDCCI, emphasized the critical role of credit in enabling business growth and expansion. Sh. Arshjeet Singh, GM, Industry Department, Punjab talked about the lucrative industrial policy of Government of Punjab. He stated Punjab Industry Department offers various capital subsidy schemes to incentivize investment and industrial development.
Sh. Manoj Kumar Das, Circle Office, Chandigarh, said that they are proud to say they are deeply committed to supporting MSMEs. We offer collateral-free loans, working capital support, and customized financial products to meet their unique needs. Our digital platforms ensure easy, fast access to credit and banking services anytime, anywhere. We also guide MSMEs through government schemes like MUDRA and PMEGP, helping them grow sustainably. Ms. Shefali Bansal, Assistant General Manager, MSME Sulabh Chandigarh proposed the vote of thanks and thanked industry leaders and other stake holders for their participation. The seminar was attended by over 110 delegates from banks, associations and various industrial houses of the region.
