Small Industries Development Bank of India (SIDBI), has entered into a Memorandum of Understanding (MoU) with the Government of West Bengal (GoWB) to develop the MSME ecosystem in the State. The MoU was exchanged by Shri Sudatta Mandal, Deputy Managing Director, SIDBI, and Shri Rajesh Pandey, Principal Secretary, MSME & Textile, and other official members. Dr. Hari Krishna Dwivedi, Chief Secretary, Government of West Bengal stated that this MoU would be beneficial to the MSMEs in the State of West Bengal and is looking forward to working with SIDBI for MSME clusters and infrastructure development in the State.
Under the MoU, a Project Management Unit (PMU) will be deployed by SIDBI with the West Bengali government. The PMU will support the government of West Bengal in making necessary interventions for the focused engagement of SIDBI with the State of West Bengal with the objective of facilitating the development of the MSME ecosystem. On this occasion, Shri Sudatta Mandal, Deputy Managing Director, SIDBI said, “We are working towards strengthening the MSME ecosystem in the States. SIDBI would be placing an expert agency with the State MSME Department.”
