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MSMEs down shutters in Coimbatore


MSMEs down shutters in Coimbatore
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Several Micro, Small and Medium-scale Enterprises (MSMEs) here shut down operations voluntarily since Monday.
Coimbatore District Small Industries Association (Codissia) president MV Ramesh Babu said almost 90 % of its members had stopped production. Only those who were catering to healthcare sector continued to run the units.
A few organisations, including Codissia, had urged its members to stop production in an effort to control the spread of COVID-19.
At the SIDCO Industrial Estate at Kurichi, 20 % of the units continued to operate. They had export orders or were vendors to exporting units or were supplying to the healthcare sector. ....

Tamil Nadu , Ramesh Babu , Enterprises Msmes , Tiny Enterprises , Tamil Nadu Association Of Cottage , Coimbatore District Small Industries Association Codissia , Several Micro , Medium Scale Enterprises , District Small Industries Association , Tamil Nadu Association , Msmes Down Shutters In Coimbatore , தமிழ் நாடு , ரமேஷ் பாபு , சிறியது நிறுவனங்கள் , தமிழ் நாடு சங்கம் ஆஃப் குடிசை , கோயம்புத்தூர் மாவட்டம் சிறிய தொழில்கள் சங்கம் கோடிசியா , நடுத்தர அளவு நிறுவனங்கள் , மாவட்டம் சிறிய தொழில்கள் சங்கம் , தமிழ் நாடு சங்கம் ,

Pandemic-hit industries seek succour from govt | Coimbatore News


Coimbatore: As the second wave of Covid-19 pandemic and the lockdown imposed to contain its rapid spread have left businesses in lurch, members of the Coimbatore District Small Industries Association (Codissia) have urged the state government to take steps to help industries.
Businessmen are weighed down by loans, taxes, electricity bill, building rent and other operating expenses as business activities have come to a halt. Only 30% of businesses, including foundries and exporters that are exempted from the lockdown, are functioning in the district, said Codissia president M V Ramesh Babu. “They are also struggling. In this situation, it would be of great help if the government could provide us additional loan up to 20% under emergency credit line guarantee scheme for half the interest rate at 6%,” he said. ....

Mv Ramesh Babu , Coimbatore District Small Industries Association Codissia , Coimbatore District Small Industries Association , ம்வ் ரமேஷ் பாபு , கோயம்புத்தூர் மாவட்டம் சிறிய தொழில்கள் சங்கம் கோடிசியா , கோயம்புத்தூர் மாவட்டம் சிறிய தொழில்கள் சங்கம் ,