Special Secretary and Industry Jayesh Ranjan, OSD at the Vatsal Misra industry department with General Director General Finance Pankaj Gupta, the capital of Godrej Cro Shalinee Majine and President of the Group, Corporate Affairs, Godrej Industries Group Rrakesh Swami in my Hyderabad. | Photo Credit: Arrangement
Godrej Capital, a group of financial services Godrej Industries Group and Telangana, signed a memorandum of understanding to speed up the growth and development of micro, small and medium -sized enterprises (MSME) in the state by improving access to credit and business opportunities.
Godrej Capital said his subsidiary financing and housing financing, through which she signed a memorandum, and the government would work to control the extensive MSMe loan penetration. The aim of their partnership is to strengthen the ecosystem of the MSME by allowing improved access to a formal loan, especially for insufficiently operated and the first debtors.
Emphasis will be placed on digital credit solutions adapted to unique MSME needs. Through the Godrej Capital Iniative Aarohi initiative, special emphasis will be on supporting women’s entrepreneurs. Cooperation seeks to bridge the loan gap, support business and speed up economic growth across the developing business nodes in Telangana, she said on Wednesday.
“Our government has committed itself to exploring such partnerships with the recently launched MSME policy with financial institutions for increasing the access to the loan for insufficiently operated MSME,” said Jayesh Ranjan, the special main secretary-industrialist Jayesh Ranjan.
“Our goal is to unlock new growth opportunities for MSME, especially for women led by women with our technologically supporting loans and rapid approval,” said MD and Manish Shah CEO.
Published – April 9, 2025 20:23
