Godrej Capital and Government of Telangana Sign MoU to Boost MSME Growth

Varahi media.com online news,Telangana, April 13th, 2025: Godrej Capital, the financial services arm of the Godrej Industries Group, has signed a Memorandum of Understanding (MoU) with the Government of Telangana to drive MSME growth across the state. Through its finance and housing finance subsidiaries, this strategic partnership aims to enhance credit access and foster new business opportunities, especially for underserved entrepreneurs.

Under this collaboration, both entities will work together to deepen credit penetration among MSMEs, with a particular focus on first-time borrowers. The initiative emphasizes digital-first lending solutions customized for the needs of small businesses, aligning with Telangana’s broader vision for inclusive and innovation-led economic development.

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A significant highlight of the partnership is the integration of ‘Aarohi’, Godrej Capital’s women-centric initiative, which will ensure targeted support for women entrepreneurs in the state.

Telangana, recognized as one of India’s fastest-growing states, has taken strong policy measures to empower MSMEs through its MSME Policy 2024, which focuses on improving access to credit, promoting digital adoption, and strengthening infrastructure support for businesses.

Manish Shah, Managing Director & CEO of Godrej Capital, commented,

“We are proud to partner with the Telangana Government, which has been at the forefront of fostering a robust MSME ecosystem. This collaboration reflects our commitment to enabling growth for small businesses, particularly women-led enterprises, through technology-enabled lending and rapid approvals.”

Dr. Jayesh Ranjan, Special Chief Secretary, Industries & Commerce Department, said,

“This MoU marks a key step towards expanding credit access for underserved MSMEs, especially women entrepreneurs. We are confident that Godrej Capital’s innovative financial products and digital solutions will support our efforts under the new MSME Policy.”

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Godrej Capital, through its subsidiaries, offers a wide range of loan products designed to meet diverse business needs. These include Loan Against Property, Udyog Loan Against Property (for smaller ticket sizes), and unsecured Business Loans, further enabling financial inclusion and entrepreneurship in the region.

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