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SIDBI, CRIF Highmark to bring out industry insight reports

CRIF Highmark to bring out industry insight reportsSIDBI and credit information bureau CRIF High Mark have joined hands to launch sector-based insight reports called ‘Industry Spotlight’. There will be a series of quarterly reports providing data and trends on key industry sectors in each edition. The first edition of the report will present a deep-dive analysis into the Indian Drugs & Pharmaceutical Industry. The reports aim to analyze the credit landscape of the sector, understand borrower segments with its risk analysis and equip policymakers as well as the MSME players with the required trends and statistics for sectorial growth. A key highlight of this volume is the credit profile that pertains to the finance extended to the drugs and pharmaceutical industry in India. A statement issued by the 2 organizations said the collaboration will bring together the expertise of CRIF and SIDBI wherein CRIF will accelerate the progress of every business by supporting their credit decisions and SIDBI will continue to be at the forefront in helping MSMEs realize their inherent potential in terms of export avenues, production capability, employment generation, etc.

Navin Chandani, MD & CEO, CRIF India, such insights and analysis will be beneficial for the industry at large and will bring value and benefit to all the readers. Manoj Mittal, Deputy Managing Director, SIDBI said the initiative is a part of SIDBI’s continuous endeavor to make MSMEs realize their inherent potential in the light of the latest industry and market trends as well as emerging opportunities.

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