Industry associations endorse AICA call to Centre
The Hindu
Spiralling rise in prices of raw materials will only discourage entrepreneurship, says association
Industry associations representing MSME sector in the region look for a positive response from the Central government following deliberations conducted by All India Council of Association of MSMEs on Wednesday on problems faced by industries, with particular reference to rapid escalation in the cost of steel and other construction inputs. The AICA, representing around 170 MSME associations covering approximately more than two lakh industrial units across the country, made a representation to the Central government seeking immediate intervention for sustenance of the sector, and has forwarded copies of the same to Union Ministers of Finance and Corporate Affairs, MSME, Steel, Commerce and Industry, and Coal and Mines.
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