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SIDBI Partners with Nagpur Banks to Boost SME Funding

ManishOctober 31, 2025

The Small Industries Development Bank of India (SIDBI) has partnered with leading Nagpur-based banks to launch a ₹200 crore credit program aimed at supporting micro, small, and medium enterprises (MSMEs) in the Vidarbha region. The scheme will offer collateral-free loans up to ₹50 lakh at reduced interest rates for eligible enterprises, especially those engaged in […]

MIDC Launches New Industrial Cluster in Hingna

ManishOctober 31, 2025

The Maharashtra Industrial Development Corporation (MIDC) has announced the establishment of a new industrial cluster in Hingna, Nagpur, aimed at promoting small and medium-scale manufacturing units. The project spans 150 acres and is expected to attract over ₹500 crore in private investment within the next two years. The cluster will focus on automotive components, packaging […]