K’taka Industries Assn to launch Industry health check study


Team Udayavani, Sep 28, 2019, 7:07 PM IST

Bengaluru: Amid the economic slowdown affecting many industries especially the micro and small enterprises, the Karnataka Small Scale Industries Association has decided to launch an Industry Health Check study of the companies.

At a workshop here on the challenges faced by entrepreneurs in the midst of the economic slowdown on Friday, KASSIA president R Raju announced the launch of the new Industry Health Check (IHC) service, the Association said in a statement.

Interested business establishment can email their Expression of Interest (EoI) to HYPERLINK “mailto:ihc. [email protected][email protected], KASSIA said.

In response to the email, the businesses will receive a response with a non-disclosure agreement (NDA) to take care of their privacy concerns, and a questionnaire which they will have to fill and sign and mail it back to KASSIA, the statement said.

The Industry Health Check (IHC) will make a holistic study of the present situation of a company, diagnose its real problems, and suggest concrete strategies not only to tide over the slowdown but also to sustain and scale their growth in the long run, the KASSIA said.

After receiving the mail, the chief executive officer or the managing director of the firm will be called in for a one-on-one meeting with an expert panel at KASSIA and after a comprehensive diagnosis of the companys present status, a detailed report will be presented by the panel to the company on the steps to be taken to overcome the slowdown/recession in the market.

The respondent firm may take a second opinion on the report and decide to take the corrective steps suggested in the report.

The convenor of the workshop, V Sudarshan, chairman, QMS(ISO) panel, delivered a presentation on the industry health check service and urged the MSMEs grappling with the slowdown to benefit from it.

H M Srinivasa, Additional Director, Directorate of MSME and Member-Secretary, MSEFC suggested that KASSIA also make a comparative study of the status of the MSME sector 10 years before and now, which could deliver useful insights to the industry, on how to face such crises, the statement added.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Lone tusker spotted on NH-166 near Karkala, disrupts traffic

Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday

Not ‘kaun banega mukhyamantri’ contest; MVA to name CM pick after polls: Jairam Ramesh

Related Articles More

Lone tusker spotted on NH-166 near Karkala, disrupts traffic

Lokayukta police summon Karnataka CM Siddaramaiah for questioning in MUDA case on Wednesday

Man dies after sitting on bursting firecracker box in Bengaluru on Deepavali

Clean-up Drive Conducted at Chitrapura Beach

Bantwal: Theft at ancient Sri Devaki Krishna Ravalnath Temple; Goods worth lakhs stolen

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Actress Kasthuri stokes controversy by her remarks on Telugu-speaking people in TN

Three convicted for 2016 Kollam collectorate blast case

Expect Canadian government to ensure justice, uphold rule of law: PM Modi

Group clash in Indore after argument over bursting firecrackers: NSA slapped against 2 accused

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.