M/s Salem Steel cluster P Ltd is a Common facility Centre for making steel pipes, sheets, rods etc. Ministry of MSME under CFC funded Rs 12.7 crore to built the common facility centre and SPV members contribution is Rs 2.5 crore. Machines and Equipments are getting installed. Honourable Minister visited the Centre and discussed with MSME Association members. Shri S.Sathesh Kumar, Dy.Director I/C, Shri Satyamoorthy, BM SIDCO and Shri Ramachandran, GM, DIC and Shri Mariappam SPV, SSC(p) Ltd welcomed and explained the Project to the Honourable Minister.
SIDBI(Small Industries Development bank of India) in association with M/s Apitco involved in the cluster development of Coimbatore Engineering cluster. Diagnostic study report was vetted on 19/05/2017. MSME-DI, Coimbatore has been invited for providing suggestion towards making detailed project report as well as implementation part. S. Sathesh Kumar, Dy.Director In-Charge attended the program, felicitated and given assurance that MSME-DI will be part in implementing the SIBDI project. DGM, SIDBI , New Delhi, GM, SIDBI, Coimbatore, President APITCO and GM, DIC Participated in the program.