TIRUCHI: The BHEL Small Industries Association (BHELSIA) has floated a company, Tiruchi Engineering and Technology Cluster (TREAT), for setting up a common facility centre at a cost of Rs. 114 crore in the city.
The proposal has been cleared by the Central Government with Rs. 60 crore as subsidy.
A loan of Rs. 35 crore will be raised from financial institutions and the balance invested by stakeholders, according to Rajappa Rajkumar, BHELSIA president. This is one of the major steps that BHELSIA has taken to scale up productivity of its member units as advocated by the BHEL.
The launch next week of ‘Tiruchi Cluster Sourcing', specially designed for Tiruchi vendors supplying components to the BHEL with own materials, is another major initiative.
For common facility centre and the cluster sourcing project, the BHELSIA has decided to take loans from the State Bank of India (SBI), which has launched Project Uptech, an initiative to expand the scale of operation of the vendors. The BHELSIA has requested the SBI to conduct regular orientation programmes.
The SBI has also agreed to finance a private industrial estate that the BHELSIA is setting up on a 100-acre site. Twenty units will come up with automated facilities in the new industrial estate.
The BHELSIA has come out with suggestions to address challenges in the forms of lack of skilled manpower and power shortage.
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