‘Indore has immense potential in garment, auto’

  • | Tuesday | 12th February, 2019

Indore district has surpassed the target of 54,897.On Monday, loan disbursement letters were distributed to over 200 beneficiaries. We have got network here and a lot can be done.”Praveen Garg, additional secretary, minister of environment and forest said, “Indore district has achieved 100 per cent target. Indore is one of the advanced districts because it traditionally has a lot of industry presence.” Indore: Indore has unlimited potential for micro, small and medium enterprises but lack of connect and awareness about schemes are major barriers that need to be focused on, top bankers said on Monday.Leading bankers and budding entrepreneurships gathered at district MSME support and outreach programme organized by Indore district lead bank, Bank of India (BOI).Atanu Kumar Das, BOI executive director said, “The potential of this region is limitless. People need more awareness.”In Indore, most beneficiaries availed loan for food processing, textile, pharmaceutical and automobile units.Das said, “We are trying to take help from financial literacy centres to bridge the gap.

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