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Interim budget 2024: Coimbatore industries welcome plans to invest more in infrastructure

Interim budget 2024: Coimbatore industries welcome plans to invest more in infrastructure
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Tamil Nadu , K Senthil Ganesh , Cottage Enterprises Association , Tiny Enterprisesj James , Indian Chamber , Enterprises Msmes , Manufacturers Associationk Maniraj , Coimbatore Compressors Association , Southern India Engineering Manufacturers Association , Tamil Nadu Association Of Cottage , Confederation Of Indian Industry , Industries In Coimbatore , Medium Scale Enterprises , Senthil Ganesh , Indian Industry , Tirupur Districts Micro , Finance Minister , Tamil Nadu Association , Tiny Enterprises , Power Drive Pumps , Spares Manufacturers Association , Tie Coimbatore ,

Micro units seek industrial estates

Micro units seek industrial estates
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The micro units here have appealed to the State government to construct industrial estates, exclusively for the micro units, on the main roads in Coimbatore.
This was one of the resolutions passed at the annual meetings of Tamil Nadu Association of Cottage and Tiny Enterprises (TACT) and Coimbatore and Tirupur Districts Micro and Cottage Entrepreneurs Association (COTMA) held here on Wednesday.
At its meeting, the TACT members resolved to appeal to the public sector undertakings to increase the charges paid to them by 30 % for components supplied. With steep hike in raw material prices, the units need to realise better prices for the products. Similarly, the industries that outsource jobs to micro units should increase the hour rate paid for the job work by 50 % from the current level. Though the micro units got payments for the work done only after 60 or even 180 days, they need ....

Tamil Nadu , Cottage Entrepreneurs Association , Tiny Enterprises , Tamil Nadu Association Of Cottage , District Industries Centre , Tamil Nadu Industrial Investment Corporation , Tamil Nadu Association , Tirupur Districts Micro , தமிழ் நாடு , குடிசை தொழில் முனைவோர் சங்கம் , சிறியது நிறுவனங்கள் , தமிழ் நாடு சங்கம் ஆஃப் குடிசை , மாவட்டம் தொழில்கள் மையம் , தமிழ் நாடு தொழில்துறை முதலீடு நிறுவனம் , தமிழ் நாடு சங்கம் , திருப்பூர் மாவட்டங்கள் மைக்ரோ ,

400 foundries closed indefinitely | Coimbatore News

Coimbatore: More than 400 small-scale foundries in the district downed their shutters indefinitely on Wednesday to condemn the central and state governments for their inaction in controlling the spiraling prices of raw materials.
The shutdown would affect lakhs of workers who are working in and with foundries and other industries including pumps, textile machinery, automobiles and other engineering industries.
“The price of raw materials has increased up to 30% since November. When about 80% of our investment is required to procure raw materials, it is impossible to continue doing business mainly for the small-scale industries who had been working with minimal profit margin. Even though half of our customers have agreed to revise the price, we decided to continue the strike. We want to gain the attention of both the state and central governments who remain silent despite escalating the issue multiple times,” president of Coimbatore Tiny and Small Foundry Owners Assoc ....

Tamil Nadu , Manufacturers Association Kopmak Maniraj , Cottage Entrepreneurs Association , Coimbatore Tiny , Small Foundry Owners Association , Sivashanmuga Kumar , Kovai Power Driven Pumps , Spares Manufacturers Association , Tirupur Districts Micro , தமிழ் நாடு , குடிசை தொழில் முனைவோர் சங்கம் , கோயம்புத்தூர் சிறியது , சிறிய ஃபவுண்டரி ஓநர்ஸ் சங்கம் , கோவை பவர் இயக்கப்படுகிறது விசையியக்கக் குழாய்கள் , உதிரிபாகங்கள் உற்பத்தியாளர்கள் சங்கம் , திருப்பூர் மாவட்டங்கள் மைக்ரோ ,

Industries protest raw material price hike | Coimbatore News

Coimbatore: Members of the Federation of Coimbatore Industrial Association protested in front of the south taluk office here on Tuesday, urging the Union government to take necessary steps to control the price hike of raw materials.
Speaking to reporters, J James, coordinator of the association, said industrialists had been, of late, facing problems one after another. “After the outbreak of Covid-19 pandemic, it is only now we are trying to beef up our production. Increase in the price of raw materials by 30% to 140% has come as a big blow to us. The Centre hasn’t taken any steps to control the price hike so far.” ....

Tamil Nadu , Service Tax , Cottage Entrepreneurs Association , Coimbatore Industrial Association , Tirupur Districts Micro , தமிழ் நாடு , சேவை வரி , குடிசை தொழில் முனைவோர் சங்கம் , கோயம்புத்தூர் தொழில்துறை சங்கம் , திருப்பூர் மாவட்டங்கள் மைக்ரோ ,