The Confederation of Indian Industries (South) has launched FinExe2009 --A Micro small and medium enterprises finance market place initiative with the objective of providing Value added Service to MSME Members On finance related matters.A CII press release here said 85 per cent of Industries in South Tamil Nadu comprised MSMEs, a good percentage of which were in Tier III towns. In order to rope in more members, CII has piloted the MSME Finance Market Place Initiative, which would discuss availability of credit/finance and funding gaps, state and Central government schemes for MSMEs.
It would also discuss export control regulations, foreign exchange rules and regulations, cost control/management tools and techniques, finance related statutory compliance and credit rating.
CII in Association with Madurai District Tiny and small Industries association will organise Finexe here on August 21.
Participating members would have a one-to-one meeting with key resource people or officials of banks and or financial institutions, the release said.
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