Financial Daily from THE HINDU group of publications
Thursday, Jun 03, 2004

Cross Currency

Group Sites

Industry & Economy - SSI

`Match-making' meet for Kerala SMEs planned

Mony K. Mathew

Thiruvananthapuram , June 2

TAKING a step or two further from the business-to-business (B2B) meet held last year, the Kerala Industries Department, it is learnt, is firming up plans to hold a "match-making" convention for the small and medium enterprises in the State.

The idea behind the meet is to help the SMEs highlight their specific financial, technical and marketing problems at a common forum where institutions and organisations concerned will be at hand to offer solutions.

Even taking over of sick units by others could be discussed and tied up at the convention.

To begin with, the district industries centres will collect information on the enterprises in need, identify their specific problems and put the compiled data online at "industry resources locator" sites of the department.

This will help the institutions and others to prepare their responses and proposals to be put forth at subsequent interactions.

It has been planned to hold district-wise conventions at 10 centres this year itself as a run-up to a major meet in Kochi some time early next year.

At these conventions, the enterprises from the respective districts will have an opportunity to discuss and evolve draft plans of action in matters such as technological upgradation or marketing arrangements with organisations and institutions dealing in these areas.

The financial institutions such as banks will be represented at these conventions and they will look into the working capital and other financial needs of the enterprises as also help put together one-time settlement proposals, wherever necessary. Take-over proposals, if any, will also be considered at these conventions.

At the major meet in Kochi, the proposals will be taken up for further vetting and follow-up action. A business-to-business meet will also be part of the event.

The district industries centres have already set in motion the work of collecting data on enterprises by issuing detailed questionnaires on various aspects.

It is estimated that as much as half of the more than two lakh small-scale industries in Kerala are in a state of hibernation for a variety of reasons.

More Stories on : SSI | Kerala

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IBS Software to market accident management tool

CGA deficit figures lower than `revised estimates'
'Bring farm I-T under Union List'
`Price fall spurs sale of consumer goods'
Urbanisation: UN report portrays the failure of govts
Traditional sector to top Kerala Govt's priority list
Plan panel worried over lack of core team
UNEP study on pollution of seas, oceans
Clean Kerala mission
Excise hike on ATF, duty cut on LPG, kerosene mooted
Online filing of excise returns from June 30
Reliance raises petrochem prices
UAE to raise oil output
ICRA calls for dereservation of plastic industry
VSP staff get assurance on wage arrears
TN: Plea for service tax relief
`Match-making' meet for Kerala SMEs planned
Rainwater pits to be sunk in Thiruvananthapuram
`Politics behind move to shift CIL headquarters'
Rise in Chennai land cost may tell on construction
Mirror on the wall
Leather exporters in eastern region diversifying into other segments
FDI for biotech sector among Sibal's priorities
Integrated plan to tackle child labour in AP
Six banks to back Kudumbashree housing scheme in Kerala
In Hyderabad to day

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line