Try GOLD - Free
Textile export hub Tiruppur 75% MSMEs focus on credit generation TransUnion CIBIL and SIDBI's MSME Pulse Report
Southern Mail Newspaper
|May 27, 2025
Tamil Nadu continues to be a powerhouse of MSME credit activity, with 43% of loans by value disbursed to the manufacturing sector, according to the latest MSME Pulse Report (May 2025) by TransUnion CIBIL and SIDBI. The state is a key contributor to India’s ₹35.2 lakh crore MSME commercial credit portfolio, which grew 13% year-on-year as of March 2025. Private banks dominate Tamil Nadu’s MSME lending ecosystem with a 39% share, offering strong support for industrial and export-led enterprises.
-
Across key industrial districts, lending patterns reflect both diversity and depth. Coimbatore shows robust credit activity with private banks accounting for 45% of MSME loans and 48% of lending directed to manufacturing.
Chennai, a service and industrial hybrid hub, sees 44% of loans from private banks, with 31% of credit flowing to manufacturing and 26% toward long-term capital. Tirupur, a textile export hub, stands out with 75% of MSME lending focused on manufacturing—led by packing credit (36%)—and 46% of borrowers rated low-risk (CMR 13).
This story is from the May 27, 2025 edition of Southern Mail Newspaper.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Southern Mail Newspaper
Southern Mail Newspaper
Jagan demands CBI probe into Joji Nagar demolition
Alleges that Chief Minister N. Chandrababu Naidu, HRD Minister Nara Lokesh, local MP Kesineni Sivanadh and local Jana Sena corporator were behind the demolition; says 42 families residing in the colony spread across 2.17 acres of land valued at ₹150 crore were deprived of their homes
2 mins
December 18, 2025
Southern Mail Newspaper
With PM in Jordan and Jaishankar in Israel, India reiterates its position on West Asian conflicts
The government said that Prime Minister Narendra Modi, who met with Jordan's King Abdullah II, “reaffirmed India’s support for efforts being made to achieve durable peace in the region”
2 mins
December 18, 2025
Southern Mail Newspaper
Madras High Court refuses interim relief to Minister I. Periyasamy in money laundering case
The Madras High Court on Wednesday (December 17, 2025) refused to grant any kind of interim relief to Rural Development Minister I. Periyasamy and his family members in a money laundering case without ordering notice to the Directorate of Enforcement (ED) and granting time to the latter to file its response.
2 mins
December 18, 2025
Southern Mail Newspaper
India-U.S. tie-ups focused on frontier technology domains, says Consul General
U.S. Consul General Laura Williams interacts with RTIH team members to understand its role in nurturing innovation-led entrepreneurship in A.P.
1 min
December 17, 2025
Southern Mail Newspaper
LOK SABHA DEBATES REPEALING AND AMENDING BILL, 2025
Opposition condemns erasure of Mahatma Gandhi's name from 'VBG Ram G' Bill, which was introduced in Lok Sabha earlier
4 mins
December 17, 2025
Southern Mail Newspaper
Thirupparankundram row: Tamil Nadu tells Madras High Court pillar belongs to Jains, not Hindus
A Division Bench of Justices G. Jayachandran and K.K. Ramakrishnan continued to hear the arguments preferred against the order of Justice G.R. Swaminathan, who directed the Subramaniya Swamy temple management to light the Karthigai Deepam at the deepathoon besides the usual places, and other connected appeals.
1 min
December 17, 2025
Southern Mail Newspaper
Union Cabinet approves ₹11,718 crore for Census 2027
Census 2027 will be conducted in two phases, the first between April and September 2026, and the second in February 2027
1 min
December 13, 2025
Southern Mail Newspaper
Zubeen Garg death case: Four accused charged with murder in SIT charge sheet
The lawyers said North East India Festival chief organiser Shyamkanu Mahanta and three others were charged with murder in the SIT charge sheet
1 min
December 13, 2025
Southern Mail Newspaper
Rahul Gandhi flags issue of air pollution, seeks discussion in LS
The Congress leader said the Prime Minister can then put in place a plan to deal with the issue of air pollution
1 min
December 13, 2025
Southern Mail Newspaper
Thirupparankundram row: HC permits fasting in support of lighting lamp at Deepathoon
Justice S. Srimathy of the Madurai Bench of the Madras High Court on Thursday (December 11, 2025) allowed a petition by a lawyer seeking a direction to the authorities to accord permission for “peaceful fasting” to be undertaken by the “public of Thiruparankundram” on December 13, pressing for lighting deepam at the Deepathoon (pillar) near a dargah on the hill.
1 min
December 13, 2025
Listen
Translate
Change font size