Home / Knowledge / News / Textiles / MoU between CII & EDI

MoU between CII & EDI

Apr '07
Confederation of Indian Industry (CII) and Entrepreneurship Development Institute (EDI), Ahmedabad, signed a MoU for the creation of entrepreneurs in the presence of Mr. Mahabir Prasad, Minister of Small Scale Industries and Agro and Rural Industries in New Delhi, said a CII press release issued here.

Dr. Dinesh Awasthi, Director, EDI and Lt Gen (Retd) S S Mehta, Director General, CII signed the MoU. Many senior officials from the Ministry of Small Scale Industries were present during the signing ceremony, the press release said.

The MoU between CII and EDI is in accordance with CII's Affirmative Action Plan for Scheduled Castes and Scheduled Tribes, the press release stated.

As per the memorandum, CII will fund the training of potential entrepreneurs, while EDI will carry out the training and facilitate enterprise establishment.

A 12-week training program covering a total of 200 trainees would be carried out at seven locations, namely, Ahmedabad, Bhubaneshwar, Lucknow, Pune, Guwahati, Bangalore and Hyderabad.

The training would be carried out in three phases and would include handholding support for obtaining finances from financial institutions like IDBI, and others as well as guidance in starting the business.

CII would appoint mentors who would provide opportunity to the trained entrepreneurs to create backward and forward linkages with the CII member companies, said the press release. The training program is targeted to commence from May 2007.

Mr. Mahabir Prasad extended the Ministry's full support to the task undertaken and expressed that small steps would set examples for others, and create opportunities for greater development.

Lt Gen (Retd) S S Mehta said that the project between EDI and CII is one of the many programs that CII with its member companies is progressing upon in accordance with the Affirmative Action Plan.

Confederation of Indian Industry

Must ReadView All

Pic: Ministry of Foreign Affairs, the People's Republic of China

Textiles | On 16th Sep 2021

China urges US to initiate steps to repair damaged bilateral ties

China recently urged the United States to initiate steps to repair...

Pic: Shutterstock

Apparel/Garments | On 16th Sep 2021

Bangladesh seeks 12-year duty-free access to EU after LDC graduation

Bangladesh commerce minister Tipu Munshi is hopeful that the European ...

Pic: Shutterstock

Retail | On 16th Sep 2021

Consumers still prefer in-store shopping over online: Study

Ninety per cent of transactions for public retailers were completed...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Asif Rahman, MIP

Asif Rahman

MIP is a manufacturer and distributor of high-performance textiles and...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

August 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search