+
Kollam takes MSME initiative ahead
ECONOMY & POLICY

Kollam takes MSME initiative ahead

By establishing 8,151 new units, the Kollam district is performing admirably under the Department of Industries' entrepreneurial development programme, which was established to support MSMEs in the state.

In a single year, the district wants to launch 11,775 firms, according to the district administration. As a result, the administration is prepared to improve the business environment. A focused and coordinated effort has been organised by the administration amongst various departments, local governments, business owners, financial institutions, and trade associations.

The district administration organised a comprehensive awareness and training programme for business owners in a number of local bodies. This was followed by loan melas and loan subsidies at the local level. Regular review sessions held by the district collector also took place in the meantime, which aided in the administration's comprehension of the numerous problems encountered by enterprises.

Also read:
Tata Power Solar; Union Bank tie up for MSME loans
Sitharaman urges AIIB to ramp up India investments


By establishing 8,151 new units, the Kollam district is performing admirably under the Department of Industries' entrepreneurial development programme, which was established to support MSMEs in the state. In a single year, the district wants to launch 11,775 firms, according to the district administration. As a result, the administration is prepared to improve the business environment. A focused and coordinated effort has been organised by the administration amongst various departments, local governments, business owners, financial institutions, and trade associations. The district administration organised a comprehensive awareness and training programme for business owners in a number of local bodies. This was followed by loan melas and loan subsidies at the local level. Regular review sessions held by the district collector also took place in the meantime, which aided in the administration's comprehension of the numerous problems encountered by enterprises. Also read: Tata Power Solar; Union Bank tie up for MSME loansSitharaman urges AIIB to ramp up India investments

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App