Industries welcome announcements for MSMEs
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AAA Industries in Tiruppur and Coimbatore have welcomed the announcements by Tamil Nadu Chief Minister M.K. Stalin for the Micro, Small and Medium-scale Enterprises (MSMEs).
According to M.V. Ramesh Babu, president of Coimbatore District Small Industries Association, the assurance that steps will be taken to vaccinate all eligible workers, and time for statutory steps, will help the MSMEs at this juncture.
The Southern India Engineering Manufacturers’ Association (SIEMA) president K.V. Karthik said the State government had fulfilled the demands of the industry within 48 hours of the industries placing their requirements. Extension of the MOD charges exemption, release of ₹168 crore, etc., would benefit the industries, he said.