ICC enters into MOU with TIHCL for handholding and providing expertise
The Indian Chamber of Commerce (ICC) is entering into MOU with TIHCL for handholding and providing expertise mainly in financial and operational restructuring to Micro, small and medium enterprises (MSME’s) in the region.
ICC Organised a MSME Linkage summit ICC) on 21 December 2018 in association with government of Telangana on theme of Growth Drive for Business. ICC launched its southern regional council in Hyderabad in month of August under the chairmanship of Gayatri group vice-president T. Rajiv Reddy.
Industries and IT Minister K. T. Rama Rao, unveiled the ICC chapter in south India, said the chamber was one of the oldest in the country. He wanted the ICC to focus on the growth of the MSME sector and on mentoring young entrepreneurs in the region.
Dr. Reddy, Chairman reddy labs congratulated ICC and said, “I am happy to be here at the ICC pre inaugural event of Bioasia and good to see the beginning of the MSME initiatives and would like to see similar spirit in the upcoming programs as reflected since its launch. He suggested ICC working with Pharma sector in consultative status including MSMEs in the region. The event was organised in collaboration with Department of life science, govt. of Telangana, Mr. Rajiv reddy, Chairman southern council said, “ICC believes in the potential of MSME sector and start-ups, no matter what ever the challenges and what they have been through. We will support them, stand up for them and bring out the best. We are going to organise bi monthly programs throughout the year in association with government of Telangana on MSME sector issues involving various stake holders such as Naveen madishetty region head ICC said,” it was great interaction by Speakers of the high profile interactive session were K Satish Reddy (Chairman, Dr. Reddy Labs), Mahima Datla (MD, Biological E ltd), Rajeev Nannapaneni ( MD, Natco Pharma) and Markandeya Gorantla ( CMD, ATGC Biotech)."