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Business EconomyPosted at: Apr 10 2025 12:51AM


Godrej Capital partners with Telangana govt to accelerate growth of MSMEs across state

Hyderabad, Apr 9 (UNI) Godrej Capital, the financial services arm of the Godrej Industries Group, through its finance and housing finance subsidiaries (Companies) executed a Memorandum of Understanding (MoU) with the Government of Telangana.
This strategic partnership aims to accelerate the growth and development of MSMEs across the state by fostering greater access to credit and business opportunities, the company said in a release here on Wednesday.
Under this MoU, the Telangana government and companies will work closely to drive large-scale MSME credit penetration across the state.
The partnership aims to strengthen the MSME ecosystem by enabling improved access to formal credit, particularly for underserved and first-time borrowers.
With a focus on digital-first lending solutions tailored to the unique needs of MSMEs, the initiative aligns with the state’s vision of inclusive, innovation-led growth. Through Godrej Capital’s women-focused initiative – Aarohi, special emphasis will be placed on supporting women entrepreneurs.
This collaboration seeks to bridge the credit gap, foster entrepreneurship, and accelerate economic growth across emerging business hubs in Telangana.
Telangana is one of India’s fastest-growing states, known for its dynamic business ecosystem and strong commitment to MSME development, further reinforced by the MSME Policy 2024, which emphasises credit access, digital adoption, and infrastructure support.
Manish Shah, MD & CEO of Godrej Capital, said, "This collaboration is a strong step towards empowering the MSME ecosystem, especially women-led enterprises. Telangana remains a key priority market for us to empower and enable growth-led avenues for small-scale businesses. With our tech-enabled lending and quick approvals, we aim to unlock new growth opportunities for MSMEs across Telangana, especially women-led businesses.”
Telangana Special Chief Secretary (IT & Industries) Dr. Jayesh Ranjan said, “ Our government, through the recently launched MSME Policy has committed to exploring such partnerships with Financial Institutions for increasing access to credit for the underserved MSMEs, and this MoU is a step in that direction."
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