Toyota Kirloskar Motor Prepares For A Remarkable Participation At The Global Toyota Ekiden Relay Race 2024 In Japan

In a celebration of health, fitness, and camaraderie, Toyota Kirloskar Motor (TKM) is proud to announce its participation in the Global Toyota Ekiden Relay Race 2024 to be held on 8th December at Toyota Motor Corporation, Japan. This year, 20 exceptional employees, including 10 women participants for the first time, will represent India at this prestigious event. This year’s milestone, with women making up half of the team, represents TKM’s ongoing efforts to create equitable opportunities and recognize the vital role of gender diversity in building a dynamic and innovative workforce.

The Ekiden relay race, which originated in Japan, symbolizes unity, resilience, and collaboration—values deeply embedded in Toyota’s culture. Since 2005, TKM has embraced this tradition to inspire employees to prioritize health and teamwork. Inspired by Toyota Motor Corporation’s long-standing focus on employee well-being, TKM regularly organizes initiatives like Ekiden and internal marathons to promote fitness and team spirit. This reflects Toyota’s belief that a healthy body and mind are fundamental to a happier life and a productive workplace.

The selected participants come from diverse divisions across TKM, representing the collaborative ethos of the organization. The women’s team includes Lavanya D.N., M. Shendure Madhavi, Ranjitha K., B.L. Chaithra, Saritha, Kavana N.R., Deepika K., Soumya Jammihal, Aishwarya D.J., and Meghana S. Acharya. Joining them are the men’s participants:  Gagan B.R., Ramesh Hanamant Singadi, K. Sharanappa, Kishor M.K., M.Y. Sandeep Kumar, M. Uday Kumar, Siddartha M.S., Madhu K.M., Siddaraju C., and Darshan A.

These employees have undergone months of rigorous training, including time trials and practice runs designed to enhance their fitness, build endurance, and strengthen their teamwork. The preparation has not only refined their athletic skills but also fostered deeper connections among team members, creating strong bonds that will drive their collective success at the race.

Highlighting the significance of this milestone, Mr. G. Shankara - Executive Vice President, Finance and Administration, Toyota Kirloskar Motor, said, “The Ekiden relay race is a shining example of the power of teamwork and inclusivity. We are immensely proud to see our employees represent TKM on this prestigious global platform. This year’s increased participation of women is a significant milestone for TKM, reflecting our commitment to gender diversity and our belief in creating opportunities for all. At TKM, we recognize that an inclusive team not only strengthens our organizational culture but also drives innovation and excellence. Ekiden embodies our philosophy that a healthy body and a healthy mind are essential for personal and professional fulfillment. By fostering a culture of well-being and equality, we create an environment where everyone can thrive and contribute meaningfully.”

As the TKM team prepares to join their global counterparts in Japan, they carry with them the shared values of health, collaboration, and resilience. Their participation reaffirms Toyota’s belief that nurturing a healthier workforce paves the way for stronger connections and greater achievements within the organization. 

Tata Motors And Tata International Launch Re.Wi.Re, An Advanced Registered Vehicle Scrapping Facility, In Pune

* The state-of-the-art facility has an annual capacity to scrap 21,000 end-of-life vehicles

Tata Motors, India's largest commercial vehicle manufacturer, and Tata International, the global trading and distribution arm of the Tata Group, today inaugurated a new Registered Vehicle Scrapping Facility (RVSF) in Pune. Named 'Re.Wi.Re – Recycle with Respect’, this cutting-edge facility has an annual capacity to safely disassemble 21,000 end-of-life vehicles with environmentally friendly processes.

This RVSF is operated by Tata International Vehicle Applications (TIVA), a wholly owned subsidiary of Tata International, and is equipped to scrap passenger and commercial vehicles of all brands.

Inaugurating the facility, Mr. Girish Wagh, Executive Director, Tata Motors, said, "Tata Motors is at the forefront of shaping the future of mobility and focused on partnering customers to success by delivering values through its products, services, and digital solutions. Re.Wi.Re represents our commitment to creating a circular economy, leveraging advanced recycling processes that not only extract maximum value from end-of-life vehicles but also contribute to our nation's sustainability goals. Tata International has been our partner in several international markets, and we are delighted to strengthen this longstanding relationship by adding a new chapter with Re.Wi.Re.”

Speaking at the inauguration, Mr. Rajeev Batra, CEO, Tata International Vehicle Applications, said, "TIVA and Tata Motors have taken a pivotal step in transforming the approach to the lifecycle of vehicles in India. With the capacity to dismantle 21,000 vehicles annually, this facility has been designed to address the growing need for efficient and safe vehicle recycling. We understand the critical role of end-of-life vehicle management in shaping a sustainable and organized ecosystem for our society. This initiative supports India’s transition toward a cleaner and more regulated vehicle-recycling framework. At TIVA, we constantly push ourselves to reach new heights and remain committed to delivering our best to the communities we serve.”

Re.Wi.Re. is a cutting-edge facility, purpose-built for dismantling end-of-life passenger and commercial vehicles across all brands, with a focus on employing environmentally friendly practices. Five Re.Wi.Re. facilities are already running successfully in Jaipur, Bhubaneshwar, Surat, Chandigarh, and Delhi NCR.

Each Re.Wi.Re facility is fully digitalized, with all its operations seamless and paperless. Equipped with cell-type and line-type dismantling for both commercial and passenger vehicles, there are dedicated stations for the safe dismantling of various components, including tyres, batteries, fuel, oils, liquids, and gases. Every vehicle undergoes a meticulous documentation and dismantling process designed specifically to meet the responsible scrapping requirements of passenger and commercial vehicles, guaranteeing safe disposal of all components as per the nation’s vehicle scrappage policy. The Re.Wi.Re. concept and facility embodies a ground-breaking leap towards fostering sustainable practices within the automotive industry.

Tata International Vehicle Applications (TIVA) stands as India's largest trailer manufacturer. With four state-of-the-art manufacturing facilities located in Ajmer, Jamshedpur and Pune, the company has established itself as a leading force in the trailer and truck body-manufacturing sector. The manufacturer leverages its advanced engineering techniques and custom design capabilities to serve diverse applications.

Tata International Vehicle Applications (TIVA)

Established in 2005, Tata International Vehicle Applications (TIVA) began its journey with a singular focus: to provide the best-in-class trailers to Tata Motors. With an unwavering commitment to quality and innovation, the company quickly built a reputation for delivering reliable and high-performance trailers tailored to meet the unique requirements of Tata Motors.

After achieving several milestones and garnering immense success in its partnership with Tata Motors, TIVA expanded its operations to serve the open market. Guided by a steadfast vision to provide India with trailers of international quality, TIVA set a new benchmark in the commercial vehicle industry. The company's focus on superior engineering, durability, and customer satisfaction has positioned it as a pioneer in the trailer manufacturing segment.

Leveraging years of expertise and innovation in the commercial vehicle industry, TIVA has emerged as the first choice for trailer buyers across the country. Whether catering to individual customers, OEM partnerships, or specialized requirements for the Defence sector, TIVA continues to deliver solutions that exceed expectations, reinforcing its leadership in the Indian trailer market.

Today, TIVA stands as a symbol of excellence and reliability, contributing to India's growing logistics and infrastructure needs with products that embody the Tata Group's legacy of trust and performance.

For more information, visit: https://www.tivatrailers.com/

About Tata Motors

Part of the USD 165 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,  trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2024, Tata Motors’ operations include 90 consolidated subsidiaries, two joint operations, five joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

realme Unveils India’s First Snapdragon 8 Elite Flagship, realme GT 7 Pro Starting From INR 56,999

*        The realme GT 7 Pro is India's first 8 Elite Flagship, powered by the revolutionary Snapdragon 8 Elite mobile platform with a benchmark score of 3 million on Antutu.

*        The realme GT 7 Pro also introduces NEXT AI, an advanced artificial intelligence system with features such as AI Sketch to Image, AI Ultra-Clear Snap Camera with Flash Snap Mode and AI Zoom Ultra Clarity, including the Industry’s first underwater photography mode.

*        It comes with RealWorld Eco² Display, co-developed with Samsung Display, and features the segment’s best  5800mAh Battery and 120W SUPERVOOC charging combination. The device comes with Dolby Vision® for both video capturing and playback for a stunning and lifelike visual experience.

*        The realme GT 7 Pro is available in two stunning colors: Mars Orange and Galaxy Grey, and two storage variants: 12GB+256GB priced at INR 56,999 and 16GB+512GB priced at INR 62,999 including offers.

*        The pre-bookings for realme GT 7 Pro have started from November 18, 12 PM onwards, on Amazon.in and offline channels. On realme.com, users can pre-order realme GT 7 Pro from November 26, 1:15 PM onwards.The first sale for the realme GT 7 Pro is scheduled from November 29 on realme.com,  Amazon.in & offline channels.

realme, the most popular smartphone brand among Indian youth, today unveiled the much anticipated realme GT 7 Pro with India’s First Snapdragon 8 Elite Flagship chipset.

Each generation of GT is designed with the motto “Born to Exceed”, striving to deliver unrivaled performance and push the boundaries of what's possible. The realme GT 7 Pro is a groundbreaking device that boasts several industry firsts. It is the first in India to feature the Snapdragon 8 Elite Flagship chipset, setting new standards for performance and stands out with an impressive Antutu score of 3 million*. For photography enthusiasts, the realme GT 7 Pro comes with Sony IMX882 periscope camera and introduces the industry's first AI Underwater Photography mode, enabling users to capture stunning images beneath the surface.

Furthermore, it features the industry leading RealWorld Eco² Display, co-developed with Samsung Display, which offers an unparalleled visual experience. With its industry-leading performance and groundbreaking features, including Dolby Vision for a breathtaking visual experience, the realme GT 7 Pro pushes the boundaries of what a flagship smartphone can achieve. The Dolby Vision feature enables users to capture and watch stunning videos with dazzling array of colors, sharper contrast, and richer details.

Commenting on the launch, a realme spokesperson said, “We are thrilled to introduce the latest addition to our renowned GT series - the realme GT 7 Pro. The realme GT series has always been about pushing boundaries and setting new standards, and the GT 7 Pro truly explores the unexplored. This innovative smartphone is India's first 8 Elite Flagship, powered by the advanced Snapdragon 8 Elite chipset that brings the best performance in the segment. We're excited to bring this exceptional technology to our customers, reaffirming our commitment to exceed expectations and redefine boundaries in the premium smartphone industry.”

Commenting on the launch, Saurabh Arora, Business Head, Mobile, Compute and XR, Qualcomm India said, “We are thrilled to collaborate with realme on the launch of their smartphone powered by the Snapdragon 8 Elite mobile platform.  This collaboration highlights our shared commitment to pushing the boundaries of innovation and delivering unparalleled performance and user experiences. The Snapdragon 8 Elite mobile platform is designed to set new standards in speed, efficiency, and connectivity, empowering realme to offer their customers a truly flagship experience.”

Commenting on this, Ranjit Babu, Director, Consumer Electronics, Amazon India, “We continue to offer one of the widest selection to our pan-India customers, along with enabling the convenience of various affordability options, making them seamlessly upgrade to the latest and most innovative smartphones across top brands. Today's launch is a testament to this commitment, and we are proud to engage with realme to introduce the GT 7 Pro, which is powered by Qualcomm's advanced Snapdragon 8 Elite chipset. This launch reaffirms our dedication to delivering exceptional value to our customers seeking robust performance and stylish design at an attractive price, in partnership with brands, sellers.”

The realme GT 7 Pro is India's first 8 Elite Flagship, powered by the revolutionary Snapdragon 8 Elite mobile platform with a benchmark score of 3 million on Antutu. The GT 7 Pro also introduces NEXT AI, an advanced artificial intelligence system that transforms simple sketches into detailed images using the innovative “AI Sketch to Image” feature. Moreover, the realme GT 7 Pro enhances your photography experience with its AI Motion Deblur technology, which uses intelligent algorithms to reduce blur in moving or still shots, ensuring every photo you capture is sharp and clear. The smartphone sports an AI Ultra-Clear Snap Camera with Flash Snap Mode and AI Zoom Ultra Clarity, including the Industry's First Underwater Photography mode. The display is a RealWorld Eco² Display, co-developed with Samsung Display, offering 120% DCI-P3 color gamut and a peak brightness of 6500 nits. It comes with the segment’s best 5800mAh Battery and 120W SUPERVOOC charging combination, providing long-lasting battery life. The realme UI 6.0 offers a fluid design and effortless AI experience. The realme GT 7 Pro is available in two stunning colors: Mars Orange and Galaxy Grey, and two storage variants: 12GB+256GB priced at INR 56,999 and 16GB+512GB priced at INR 62,999.

Volvo Group Partners With Indian universities To Shape Future Automotive Talent

* Inks MoU with Amrita University and Thapar Institute to build a stronger industry-academia engagement and enhance the engineering industry readiness

Furthering its commitment to bridge the gap between academia and industry, Volvo Group India Pvt. Ltd. has signed a Memorandum of Understanding (MoU) today with Amrita University and Thapar Institute for engineering students in mechanical, electrical, electronics and computer science streams. The collaboration will see the introduction of a specialized credit course that is designed to mentor graduates and postgraduates, preparing them to become industry-ready automotive engineers. The MoU signing ceremony, formalizing this collaborative effort, saw the participation of Mr. Kamal Bali, Managing Director of Volvo Group India, and Representatives of Universities, symbolizing a commitment to academic excellence and industry collaboration.

The cornerstone of this collaboration is the introduction of a two- to four-semester-long credit program focusing on industry-specific subjects. The Volvo Group will actively support this initiative by training faculty members, sending industry experts as trainers, sharing the use cases/industrial problem statements for projects, conducting guest lectures, participating in co-teaching of the subjects, Tech Demo Centre, Joint Publications, Joint research initiatives, and higher studies for Volvo employees. 

To promote diversity in the automotive industry, Volvo Group will offer scholarships to female students in these programs. This collaboration ensures students gain hands-on experience with the tools and technologies used by the Volvo Group, preparing them to contribute to real-world projects from day one. It also provides Volvo Group with access to top talent through internships and pre-placement offers, minimizing competition during campus recruitment. The partnership fosters joint research, giving Volvo Group employees access to cutting-edge knowledge and enabling them to tackle industry challenges. Additionally, this association will support higher education of Volvo employees, offering opportunities to develop their expertise further and contribute to academic publications. 

Speaking on the occasion, Mr. Kamal Bali, Managing Director of Volvo Group India, said, “We are committed to fostering an environment where education and industry can intersect, paving the way for sustainable advancements. This collaboration is a vital step in shaping the future of our industry. By working closely with top universities, we ensure that students receive the training and exposure needed to excel in the rapidly evolving automotive sector. At the same time, Volvo Group gains access to the brightest minds, who will help drive our innovation and growth in the years to come.  Through this partnership, we not only aim to develop cutting-edge solutions but also cultivate a talent pool that is well-equipped to tackle the challenges.”

The partnership underscores Volvo Group’s ongoing commitment to education and fostering long-term industry-academic collaboration. Through this initiative, the company aims to enhance the academic experience of students while providing them with the tools and opportunities to launch successful careers in the automotive industry. By bridging the gap between theoretical knowledge and practical application, this collaboration will equip students with essential skills and insights needed to thrive in a rapidly evolving market.

Tanishq Presents The 2nd Edition Of Rivaah x Tarun Tahiliani: A Celebration Of Bridal Splendor

* The new collection is an ode to the Modern Progressive Bride

Building on the success of inaugural collaboration, Tanishq’s exclusive wedding sub-brand, Rivaah unveils its latest collection in partnership with celebrated designer Tarun Tahiliani: ‘2nd edition of Rivaah x Tarun Tahiliani.’ This new collection is crafted to resonate with the modern Indian bride or the ‘Sutradhar’ — who is crafting new narratives by blending traditional values with modern take. Complementing the bride, the collection is inspired by fusing the rich heritage of Indian traditions with contemporary sophistication. The designs that not only cater to evolving preferences but also celebrate the timeless beauty and uniqueness of progressive Indian bride.

Tanishq’s intricate workmanship combined with Tarun Tahiliani’s artistry brings alive this year’s collection that blends heritage with modernity. It features intricate gold workmanship inspired by two themes Phoolchadar, symbolizing beauty, prosperity, and auspicious beginnings, as well as the Drape Story, which represents femininity and cultural richness. The beautiful Floral motives that transition from buds to full blooms, and drapes from Tarun Tahiliani’s ensembles, reimagined in fluid scalloped patterns. The result is a stunning collection that combines contemporary silhouettes with traditional artistry, offering modern brides’ timeless elegance for every wedding occasion.

These jewellery pieces capture the delicate beauty of a bride's journey with an elevated sense of elegance, where each piece reflects the individuality of the modern day sutradhar bride. With an array of options to choose, this exquisite collection is a fusion of artful mastery and timeless design, skilfully crafted in glass kundan and gold. A true homage to Indian weddings, it embodies the unwavering spirit of a modern Indian bride who is confident yet grounded and rooted in her traditions, balancing comfort with style. Each piece is created to enhance every occasion, from the grand celebrations to all wedding functions like haldi, mehndi, sangeet, cocktail, and beyond—perfectly complementing the wedding itself. With influences from Tarun Tahiliani’s celebrated embroideries, the collection offers a luxurious yet elegant choice for brides seeking exclusivity and cultural depth. Spanning over 80 designs—featuring chokers, gulubands, harams, and pendant, haathphool, rings, maang tikkas and many more to explore—this collection provides a breath-taking array to complete any bridal look.

Speaking on the launch of ‘2nd edition of Rivaah x Tarun Tahiliani,’ Ms. Revathi Kant, Chief Design Officer, Titan Company Limited, said, “Building on the success of our initial collaboration, we’re delighted to introduce the 2nd edition of Rivaah X Tarun Tahiliani wedding collection, crafted for the modern Indian bride. This collection draws deeply from Tarun Tahiliani’s signature embroideries, fusing timeless beauty with a contemporary flair. Every piece of this collection is meticulous, owing to our unique Karigari that translates embroidery into an ornament. The collection is a testimony of our efforts to elevate a bride’s special day by adorning her with pieces unique to her progressive yet rooted personality. November and december traditionally marking a peak wedding season for Rivaah, and this year hosting twice the number of wedding dates compared to last, we’re excited to further establish Rivaah as the go-to jeweller for Indian weddings and functions. Our diverse designs reinforce Rivaah’s commitment to being at the forefront of India’s wedding jewellery market.”

Tarun Tahiliani added, “The 2nd edition of my collection with Tanishq ‘Rivaah’ is designed for the discerning modern bride, blending timeless sophistication with a distinctly India Modern aesthetic. This year, we have focussed the collection more on gold and techniques of intrinsic value. draws inspiration from the Tarun Tahiliani archival embroideries. This gold jewellery collection blends tradition with modern aesthetics, emphasizing exquisite craftsmanship that captures our design essence. Guided by two of our core design pillars—The Iconic Drape, showcasing elegant layers; Phool Chaadar, highlighting intricate floral motifs—the jewellery reflects a seamless translation of fabric artistry into gold. Wear it with colour, wear it with plains, wear it any which way and celebrate life.”

Sun Life Global Solutions Partners With IIT Indore To Foster Innovation

*       Partnership to collaborate on projects to foster innovation, research & entrepreneurship.

*       The collaboration will focus on applying AI/ML, data analytics, and generative AI to improve risk assessment, claim processing and customer satisfaction.

*       A key objective is to develop a skilled workforce capable of addressing new technological challenges in the GCC sector.

*       The partnership will help bridge the gap between academia and industry, combining Sun Life’s expert capabilities with IIT Indore’s academic excellence.

*       The collaboration will also include joint research initiatives, technology transfer and support for the Indian startup ecosystem.

Sun Life Global Solutions (SLGS), the Global Capability Centre and microcosm of the global insurance and asset management leader Sun Life, has embarked on an innovative and historic partnership with IIT Indore. This partnership inked in a bid to drive innovation will encompass the application of new age technologies like AI/ML, data analytics and generative AI, especially in the field of insurance, including the improvement of risk appraisal, claim settlement and customer satisfaction.

Through this partnership, Sun Life aims to boost productivity and enhance service delivery by helping nurture a skilled workforce capable of addressing new technological challenges in the GCC sector – with a razor-sharp focus on Insurance industry at large.

Sun Life Global Solutions’ Managing Director, Tarun Sareen, said, “Our collaboration with IIT Indore marks an exciting new chapter in our pursuit of driving meaningful innovations and solutions through technological excellence. By joining forces with India's leading minds in research and engineering, we're accelerating our ability to deliver cutting-edge solutions that address our Clients' evolving needs. This partnership will fuel innovation across AI, cloud computing, and emerging technologies, enabling us to set new industry standards and drive growth in key areas like claims prevention and biometrics. Together with IIT Indore, we're not just adapting to the future - we're actively shaping it, fostering a culture of engineering brilliance that will propel our Purpose."

This collaboration is expected to drive significant innovations in areas like risk assessment, claims handling, and customer segmentation, all of which are on the brink of major transformation. By harnessing these advancements, Sun Life aims to make a meaningful impact to its Client journeys. The students on the other hand will also draw significant impact from the partnership:

-                      Practical Data Analysis Skills: IIT students will gain valuable experience in managing and analyzing large-scale data sets, a crucial skill in today's data-driven business environment.

-                      Real-World Problem Solving: Students will be exposed to authentic business challenges, helping them bridge the gap between academic theory & practical application.

-                      Industry-Relevant Experience: This engagement will provide students with hands-on experience that is directly applicable to future careers in data science, business analytics, and related fields.

-                      Enhanced Employability: By working on real business projects, students will develop a portfolio of practical work, making them more attractive to potential employers upon graduation.

-                      Internship Opportunity: SLGS also aims to provide internship opportunities to the students.

-                      Discover a Purpose & culture-driven career for life: Sun Life holds the promise of advancing a culture-rich and Purpose-driven experience for the students associated with the project, which can be leveraged by them to nurture a meaningful professional journey for long-term growth.

One of the core objectives of the partnership will therefore be the development of a workforce that is equipped to meet new challenges within the industry. Business students and researchers from IIT Indore will be able to solve real-life issues, thus having the opportunity to gain experience in addressing real-life organizational challenges.

Sharing his thoughts on the partnership, Director of IIT Indore, Professor Suhas S. Joshi, said, "This collaboration presents an excellent opportunity for both organizations to provide our students and faculty with a platform to push their creative boundaries and apply them in the insurance sector. The partnership is particularly important given the expanding influence of Global Capability Centers in India, which include a significant number of insurance and BFSI companies driving innovation, client excellence and technological progress. Working closely with GCCs like Sun Life Global Solutions, can help strengthen the culture of innovation and build a strong talent pool to meet the industry's future needs. This mutually advantageous partnership will not only help provide industry-led experience but will also play a role in the broader transformation of the industry."

Sun Life will contribute its industry knowledge, allowing researchers at IIT Indore to develop and test new algorithms and models in a real-world context. The collaboration will also include joint research initiatives, technology transfer, and support for the growing Indian startup ecosystem. This blend of rigorous research and practical application will drive significant progress in the field, encouraging the adoption of innovative technologies to tackle industry challenges. Additionally, it will provide IIT Indore with a platform to showcase its capabilities and expertise.

Manoj Mittal, CMD - SIDBI Meets Bihar Chief Secretary Amrit Lal Meena (IAS) To Strengthen SIDBI's MSME Outreach In Bihar

Shri Manoj Mittal, Chairman and Managing Director, Small Industries Development Bank of India (SIDBI) met Shri Amrit Lal Meena, IAS, the Chief Secretary of Bihar, to apprise him of SIDBI’s ongoing work in the State to enhance the reach of its credit and credit-plus services and its support to State’s MSMEs with capex and working capital support. 

During the meeting, Shri Mittal assured the Chief Secretary of SIDBI’s unwavering commitment towards the MSME sector of Bihar, to make it a driver of economic growth, employment generation, and innovation in the State.

While appreciating SIDBI’s work in Bihar, Shri Meena suggested the scale-up of SIDBI’s ongoing financing model to provide curated financial services and products to Cluster Level Federations (CLFs) of Jeevika; collaboration with different state government departments and deepening of SIDBI’s credit and developmental footprints in Bihar.

About SIDBI:

Since its formation in 1990, SIDBI has been touching the lives of citizens across various strata of society through its integrated, innovative and inclusive approach. SIDBI has directly or indirectly impacted the lives of Micro and Small Enterprises (MSEs) through various credit and developmental measures whether they are traditional, domestic small entrepreneurs, bottom-of-the-pyramid entrepreneurs, or high-end knowledge-based entrepreneurs.

For more information, visit:  https://www.sidbi.in/