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PostPosted: Sun Sep 24, 2017 10:56 am 
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MY STARTUP IDEA: OfBusiness and FlexiLoans founders on their eureka moment

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In this column, we bring you the stories behind how startup founders got their business idea, and the things, events, and actions that eventually led them to their big eureka moment.

This time, we feature the founder two entrepreneurs working with SMEs. One started an e-commerce and financing platform, while the other runs a lending platform.

'I found small businesses were underserved': Ruchi Kalra
The idea: OfBusiness, an online e-commerce and financing platform for SMEs
Eureka moment: Ruchi Kalra's nine years at McKinsey gave her a deep insight into the financial technology space. She used to interact with banks and found that SMEs were important, yet underserved. "I wanted to do something related to manufacturing, which was core to India's growth. That was also the time I was expecting, so I wanted to start something new at the same time."

Ruchi Kalra, OfBusiness
Early days: A lot of people tried to dissuade her, but she quit her job along with six of her friends in the manufacturing and fintech spaces and started OfBusiness in 2016. They started a platform for procurement of raw materials, and set up two hubs - in Trichy and Faridabad - to interact with SME clusters.

Now: They have started providing working capital to SMEs. The venture has received $16 million in funding from Matrix and Zodius Capital, and has around 2,000 SMEs on the platform. It is planning to add more services.



source: http://timesofindia.indiatimes.com/people/ofbusiness-flexiloans-eureka-startup/articleshow/60807591.cms?


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PostPosted: Thu Sep 21, 2017 10:09 am 
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TIDITSSIA for early steps to establish trade centre

Meeting also urges the State government to give shape to a proposed mini textile park

Welcoming the State government’s decision to support the establishment of a trade centre in Tiruchi, the Tiruchi District Tiny and Small Scale Industries’ Association (TIDITSSIA) has called for expeditious steps to execute the proposal.

“We thank the government for announcing in the budget that 50% subsidy, subject to a maximum of Rs. 5 crore, will be extended as financial assistance for establishing a trade centre in Tiruchi. We request the government to take immediate steps to execute the decision,” a resolution adopted at the annual general body meeting of the association held here recently said.

The meeting also urged the government to give shape to a proposed mini textile park in the district at the earliest.

Outlining various issues faced by the small and medium industries, the meeting called for a series of measures to foster industrial growth. The State government should take steps to remove the practical difficulties in getting basic amenities required for starting new industries by ensuring the proper implementation of the single window clearance system. Technology and skill development trainings required to promote new industries should be organised through district level micro, small and medium industries associations.

Banks should disburse credit to projects soon after the skill development training was completed under the Central and State government schemes such as UYEGP, PMEGP and NEEDS.

A testing laboratory and calibration centre for quality control certification of products made by micro, small and medium industries should be established at the district headquarters, especially in Tiruchi, another resolution said. The MSME Delayed Payment Facilitation Council should be established with representation from the district associations.

A committee, headed by the District Collector, should be formed to ensure that public sector units purchased 25% of their procurement from micro and small industries. Credit extended to MSMEs through nationalised banks should be offered at interest rates below 5% as is the case in many foreign countries. The Credit Guarantee Fund Trust for Micro and Small Enterprises should be implemented.

Emphasising the need for improving infrastructure, it called for expansion of the Tiruchi Airport to international standards and strengthening domestic air connectivity. An integrated bus stand should be established soon. It also demanded widening of the city stretch of the Thanjavur Highway between Thuvakudi and Palpannai into a six-lane road. The meeting also called upon the governments to ensure that the MSMEs were given preference by the BHEL, Tiruchi, while sourcing components.

http://www.thehindu.com/todays-paper/tp ... 725241.ece


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PostPosted: Tue Sep 19, 2017 11:08 am 
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Entrepreneurship development programme

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The MSME Development Institute, Chennai, in association with the CR Business Solutions will organise a 10-day entrepreneurship development programme for women in Tiruchi.

The training would be held at Skill Kraft Skill Training Centre at SIDCO Industrial Estate at Mathur near Bharathidasan University. The programme would cover various aspects of entrepreneurship, including motivation, identification of feasible project, project report preparation, marketing and raw material purchase.

The class will be handled by successful entrepreneurs, bank and government officials, besides consultants. An industrial visit will also be arranged.

On successful completion of the programme, the participants will be provided guidance to set up their own business ventures.


The programme would commence from the first week of October. Interested women can register their names by dialling 9789737886 / 9345104264 / 8056964444 or 9840152798, C. Ramaswamy Desai, Project Director, C.R. Business Solutions, said in a press release.



source: http://www.thehindu.com/news/cities/Tiruchirapalli/entrepreneurship-development-programme/article19709681.ece


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PostPosted: Tue Sep 19, 2017 10:35 am 
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PostPosted: Thu Sep 14, 2017 8:52 pm 
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Manaparai Industrial Park is being Established at a cost of Rs 500 Crores in 1000 acres

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SIPCOT to set up industrial park in Manapparai. They have applied for ToR for the same.

Size of Land : 436 Hectares(1077 Acres)
Potential Employment : SIPCOT estimates that atleast 2000 people will be provided direct employment and 5000 people will be provided indirect employment

http://environmentclearance.nic.in/w...TZABJM7PFR.pdf

http://environmentclearance.nic.in/w...VRLW9ZJToR.pdf

http://environmentclearance.nic.in/w...BIEOnePage.pdf

http://environmentclearance.nic.in/w...ringLetter.pdf

http://environmentclearance.nic.in/s...7/2017&pid=New



courtesy: MyNation forumer from SSC


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PostPosted: Mon Aug 28, 2017 10:42 pm 
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ilovetrichy wrote:
^^^^

The existing 230/110 KVSub-Stations are at Alandhur, Pirattayur and Thatchankurichi

New 230/110 KV substations are to be Inagurated at TNPL-Trichy and Musiri

2 more 230/110 KV Substations under construction at Thuvakudi and Thurayur

:)


As per the Hindu article, 230 KV and 400 KV Sub-Stations are coming near BHEL-Trichy

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TANGEDCO officials indicated steps were afoot to establish a 400 KV sub-station and another 230 KV sub station near the Bharat Heavy Electricals Limited campus in Tiruchi.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/tiruchi-district-to-get-two-new-sub-stations/article19569065.ece


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PostPosted: Sat Aug 26, 2017 5:51 pm 
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source: IE


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PostPosted: Sat Aug 26, 2017 5:44 pm 
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^^^^
4 More Sub-Stations of 230/110 KV Category in Trichy District to come soon taking the total to 7 in that Category


Image



source: Dinamalar



^^^^
The existing 230/110 KVSub-Stations are at Alandhur, Pirattayur and Thatchankurichi

New 230/110 KV substations are to be Inagurated at TNPL-Trichy and Musiri

2 more 230/110 KV Substations under construction at Thuvakudi and Thurayur

:)


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PostPosted: Fri Aug 25, 2017 8:13 pm 
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source: IE


Another 230 KV sub-station to be Inagurated at Musiri at a cost of Rs 180 Crores


source: http://103.241.136.50/epaper/DC/TRC/510X798/2017-08-25/b_images/TRC_2017-08-25_maip6_11.jpg


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PostPosted: Sat Aug 19, 2017 8:31 pm 
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The Food Processing Incubation Centre to provide Training to Entreprenurs

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The Food Processing Incubation-cum-Training Centre, established by the Department of Agricultural Marketing and Agribusiness at Anbil Dharmalingam Agricultural College and Research Institute at Navalur Kuttappattu, will impart skill-based entrepreneurship development training in food processing.

It will offer training on preparation of value-added products from fruits (ready-to-serve beverages, squash, cordial, jam, jelly and fruit bar), vegetables (dehydrated vegetables, minimal processing and pickles), cereals and millet based processing (ready-to-cook products and convenience foods), bakery products and masala powder and products.

The centre will also extend incubation facility to farmers and entrepreneurs for value-addition activities under nominal charges, P. Pandiyarajan, Dean (in-charge) of the institute, said in a press release.



source: http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/food-processing-centre-offers-skill-training/article19521266.ece


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