The Small Industries Development Bank of India, also known as SIDBI has announced an initiative that will help to promote the cluster development for the growth of micro, small, and medium enterprises (MSMEs).

The Small Industries Development Bank of India, also known as SIDBI has announced an initiative that will help to promote the cluster development for the growth of micro, small, and medium enterprises (MSMEs).

According to Nirmala Sitharaman, Union Minister, Finance, she should get in talks with the ministry to textiles so that it can explore the possibility of establishing a textile cluster in the Srikakulam district.

Cosmo Films Limited declared its financial results for the quarter ended June 2021 with 53% increase in EBITDA due to higher speciality sales (20% growth), better operating margins and great performance by subsidiaries.