The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for MSMEs, in a meeting held on December 16, 2019 to review the functioning of the scheme. The improvements are set to provide momentum giving fillip to the MSME sector.

Stephanie Coßmann, currently head of the Human Resources group function, has been appointed by the Supervisory Board to become member of the Board of Management and Labor Director.