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Tuesday, January 03, 2006

Small industries urged to make use of subsidies

Assistant general manager of Syndicate Bank, Udupi, K Mohan Kini, called upon small scale industrialists to make the best use of subsidies announced by the government and to compete at the international level by producing quality products.

Kini was delivering the presidential address at the small industries orientation camp organised by Small Industries Service Institute (SISI), Government of India.

Assistant director Uppal, who was the resource person of the camp, said the government of India would immediately release 15 per cent incentive announced for the technical upgradation of small scale industries.

He also gave details of the credit guarantee scheme and of the industrial cluster.

K Mohan Kini, Narayana Raju, M Ganesh Kini, Krishnananand Kamath and others at the small industries orientation camp held in Udupi on Saturday.

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