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Telangana Inks MoU with Godrej Capital to Boost Credit Support for MSMEs.

Economy Business | Dated: 17 Apr 2025

In April 2025, Godrej Capital Limited, the financial services arm of the Godrej Industries Group, headquartered in Mumbai, Maharashtra, signed a Memorandum of Understanding (MoU) with the Government of Telangana to strengthen the growth of Micro, Small, and Medium Enterprises (MSMEs) across the state by expanding access to credit and business development opportunities.

🎯 Key Highlights:

  • - As per the agreement, both Godrej Capital and the Telangana Government will work in close coordination to accelerate wider credit penetration for MSMEs, particularly in semi-urban and emerging markets within the state.
  • - This strategic collaboration is designed to enhance the MSME ecosystem by offering better access to formal credit channels, especially for first-time and underserved borrowers, thereby supporting sustainable entrepreneurship.

💡 Other Important Facts:

  • (i) A key objective of this initiative is to bridge the credit gap in Telangana, foster entrepreneurial ventures, and fuel inclusive economic growth in the region's developing business corridors.
  • (ii) The partnership will emphasize digital-first lending solutions, tailored to meet the unique financial needs and operational models of MSMEs, ensuring faster, simpler, and tech-enabled financing options.
  • (iii) A special highlight of the collaboration is the integration of Godrej Capital’s women-centric initiative ‘Aarohi’, which aims to provide focused support and financial inclusion opportunities to women entrepreneurs across Telangana.

📚 Test Your Knowledge:

Which state government recently signed an MoU with Godrej Capital to support MSMEs?

Correct Answer: Telangana

🚀 Quick Recap:

About Telangana

  • Governor: Jishnu Dev Varma
  • Chief minister: Revanth Reddy