As per the news of Hosuronline, Yesterday, The Collector presided over the function organised for the welfare of Ex-Service men and their families.  While speaking on the occasion he said that, as per the policy for small and tiny industries, 24 industries benefited to the tune of Rs 5 million during last year and this year around 22 industries will benefit Rs 9 million in the form of subsidy.  This year another 43 industries will benefit Rs 2 million as subsidy on electricity.

He also said that Rs 45 million will be invested in Hosur for forming automobile component manufacturing cluster and another Rs 60 million will be spent to upgrade the automobile components manufacturing facilities in Hosur. News Courtesy-Hosuronline.com