|
I
am a first generation Entrepreneur. My
experience with TIIC has been wonderful. In
1998, we started a manufacturing unit for
conversion of fabric to jumbo bags. I
started my enterprise on a
very small scale with financial
assistance from a Nationalized bank. In the
first year itself, we were able to secure a
good market for our products and grew
confident about the business. However,
financial support from the bank was not
adequate to help us
expand our business. At that time, we
approached TIIC. They extended full
co-operation - right from the branch level upto the DGM and Chairman
Office at the head office, Chennai.
We had started with an initial
investment of Rs. 60 lakhs . With TIIC’s
support through loan of Rs 4 Crores,
our turnover has increased from
Rs 15 lakhs during the 1st
year to Rs.8 crores
during the last financial year and we
are expecting a turnover of Rs.15 crores
during the current financial year.. Today,
we have 180 employees and we can provide
employment to 200 people in future. We are
proud to have TIIC partnering our progress.
We are indeed thankful to TIIC for assisting
us in becoming a leading manufacturer of
Jumbo bags in the southern zone.
|