Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) organised a business contact programme in Delhi.According to Rajeev Arora, managing director of the corporation,17 term loan proposals worth Rs 80 crore were contemplated during this meeting. When implemented, these projects are likely to catalyse an investment of over Rs160 crore besides generating valuable employment and revenue for the state exchequer.

With an objective to provide term loan assistance and to disseminate information regarding financial and other services of the Corporation to the entrepreneurs, HSIIDC organised business meet which received an overwhelming response and representatives of a various companies discussed their financial assistance proposals.

Most of the prominent industrialists were invited for discussions with their proposals to avail financial assistance from HSIIDC to part finance their existing or new projects by way of general term loans, corporate loans, equipment finance and working capital term loans, industrial infrastructure development loan etc.

Arora also informed that the interaction with entrepreneurs also provided a platform to HSIIDC to get required feedback which helped the Corporation to recast its policies & strategies to match the growing requirements of industry.

He also added,the business meeting is needed to understand the trending needs of the industry and the problems faced by them also  providing services to entrepreneurs at their door steps. The Corporation regularly holds such business meets from time to time to help entrepreneurs to meet their financial requirements expeditiously.

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