The Indian government recently announced an ambitious plan to revive 200 traditional industrial clusters, focusing on empowering small and medium-sized enterprises (SMEs) — the “lemon friends” in the business ecosystem. According to Jin10, the government will implement a three-pronged strategy to support the sustainable development of this economic force.
The support package includes allocating 100 billion rupees to a dedicated SME fund to enhance access to capital. Additionally, the government will add another 20 billion rupees to the India Self-Reliance Fund (SRI), providing these small “lemon friends” with opportunities to develop domestically and maintain competitiveness.
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India Supports Recovery of Traditional Industrial Clusters - Business Opportunity for You
The Indian government recently announced an ambitious plan to revive 200 traditional industrial clusters, focusing on empowering small and medium-sized enterprises (SMEs) — the “lemon friends” in the business ecosystem. According to Jin10, the government will implement a three-pronged strategy to support the sustainable development of this economic force.
The support package includes allocating 100 billion rupees to a dedicated SME fund to enhance access to capital. Additionally, the government will add another 20 billion rupees to the India Self-Reliance Fund (SRI), providing these small “lemon friends” with opportunities to develop domestically and maintain competitiveness.