In a significant move towards strengthening the industrial ecosystem in Haryana, the Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) and Central Bank of India have signed a Memorandum of Understanding (MoU) to facilitate financing of industrial plots purchased by entrepreneurs and businesspersons.

The MoU was signed by Shri Sushil Sarwan, IAS, Managing Director, HSIIDC, and Shri Arvind Kumar, Zonal Head, Central Bank of India. This collaboration aims to provide a strong foundation for the Micro, Small & Medium Enterprises (MSME) sector in Haryana by ensuring easier access to finance for HSIIDC plot allottees and expediting the establishment of their enterprises.

The broader objective is to offer comprehensive financing solutions to support the setting up of manufacturing and service sector units by MSMEs.