New Delhi: Metal makers on Thursday indicated that they could supply a reduction to small companies, that are reeling underneath the burden of rising commodity costs. The transfer follows a gathering of commerce and trade minister Piyush Goyal, metal minister R C P Singh and MSME minister Nayaran Rane with key trade gamers together with SAIL, Tata Metal and JSW in addition to exports foyer group Fieo, engineering exporters and cycle auto part producers.
On the assembly, Goyal mentioned particular care of MSMEs must be taken for simpler and cost-effective provide of metal. He requested the metal trade stakeholders to evaluate the manufacturing prices and discover potentialities of providing aid to small industries utilizing metal as enter for manufacturing of elements and different engineering merchandise, a press release mentioned.
Metal minister critiques capex plans
The metal minister on Thursday additionally reviewed the capex plan of the general public sector metal firms, which is pegged at Rs 13,300 crore for the present monetary yr and steered well timed completion of initiatives. The minister requested the metal PSU chiefs to observe the expenditure each day.
On the assembly, Goyal mentioned particular care of MSMEs must be taken for simpler and cost-effective provide of metal. He requested the metal trade stakeholders to evaluate the manufacturing prices and discover potentialities of providing aid to small industries utilizing metal as enter for manufacturing of elements and different engineering merchandise, a press release mentioned.
Metal minister critiques capex plans
The metal minister on Thursday additionally reviewed the capex plan of the general public sector metal firms, which is pegged at Rs 13,300 crore for the present monetary yr and steered well timed completion of initiatives. The minister requested the metal PSU chiefs to observe the expenditure each day.
Supply: Times of India