Tuesday, January 4, 2011

Number of micro and small industries rising

TIRUCHI: There has been a 10 per cent year on year growth in the number of micro and small industries in the district over the past couple of years.

Through the start of 762 additional micro and small enterprises in the manufacturing and service sectors during 2007-08, an additional workforce of 8,828 could be created in the district. As per 2008-09 figures maintained by the District Industries Centre (DIC), 859 new units employing a workforce of 8,040 could be added.

The total number of workforce employed by MSME (Micro, Small and Medium Enterprises) in the entire district could be in the range of 55,000, said B. Baskaran, General Manager, DIC. In the once-in-five-years enumeration process carried out during the latter part of 2008, the existence of a total number of 9,202 enterprises in the manufacturing and service sectors could be identified in the district.

No medium scale enterprise was started in the last two years. And micro enterprises far outnumber the small scale units, said G. Raveendran, Assistant Engineer (Industries), DIC.

Under manufacturing category, micro, small and medium enterprises implied investments of up to Rs. 25 lakh, Rs. 5 crore and Rs. 10 crore respectively. If the enterprises were service-oriented, the maximum investments were up to Rs. 10 lakh, Rs. 2 crore and Rs. 5 crore respectively.

The largest chunk of about 500 micro and small units constituted fabrication and machining shops that did job work for Bharat Heavy Electricals Limited. There were also large numbers of rice mills and oil mills. Fifty four sick units were also identified in the enumeration process. The operations of these industries were likely to be made viable through restructuring of bank debts, official sources added.

No comments:

Post a Comment