HSIIDC business meet in Delhi for budding entrepreneurs
Updated: Jan 02, 2014 02:47:14pm
Gurgaon, Jan 2 (KNN) With the view to boost industrialisation in the region, HSIIDC will be meeting with the upcoming and prospective entrepreneurs, who are willing to invest their money on the Haryana’s industrial future.
The business meeting to be held in Delhi on January 10, will focus on the financial assistance of up to Rs 25 crore will also be offered for the new investors.
HSIIDC will also offer term loans to the commercial players, interested in setting up hotels or business complexes.
As per the scheme guidelines, the request for loans will be considered only if the project is being implemented-by a private or public limited company. Also the project cost should not exceed Rs 2500 lakh.
“HSIDC provides term loan to industrial units in SSI as well as Non-SSI sector. The maximum assistance for Term Loan as applicable presently are Rs 1200 lacs per proposal (for IT and Textile Units) and Rs 1000 lacs per proposal for other industries,” according to a notification.
The total exposure in single company shall not exceed Rs 1200 lakh (for IT and Textile units) and Rs 1000 lakh per proposal for other industries, the notification added.
Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) has approved Haryana government's 11 project proposals involving investment of Rs 80 crore for up gradation and growth of industrial infrastructure in the state. (KNN Bureau)
The business meeting to be held in Delhi on January 10, will focus on the financial assistance of up to Rs 25 crore will also be offered for the new investors.
HSIIDC will also offer term loans to the commercial players, interested in setting up hotels or business complexes.
As per the scheme guidelines, the request for loans will be considered only if the project is being implemented-by a private or public limited company. Also the project cost should not exceed Rs 2500 lakh.
“HSIDC provides term loan to industrial units in SSI as well as Non-SSI sector. The maximum assistance for Term Loan as applicable presently are Rs 1200 lacs per proposal (for IT and Textile Units) and Rs 1000 lacs per proposal for other industries,” according to a notification.
The total exposure in single company shall not exceed Rs 1200 lakh (for IT and Textile units) and Rs 1000 lakh per proposal for other industries, the notification added.
Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) has approved Haryana government's 11 project proposals involving investment of Rs 80 crore for up gradation and growth of industrial infrastructure in the state. (KNN Bureau)
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