Tue Jan 13 13:26:05 UTC 2026: Headline: Mysuru District Aims to Boost Youth Entrepreneurship with Financial Support and Industry Collaboration

The Story:
Deputy Commissioner Shreerupa announced that financial assistance will be available to young entrepreneurs in Mysuru district, urging them to seize the opportunities to start their own businesses. This announcement was made at a Business Excellence Workshop organized by the Confederation of Indian Industry-Centre of Excellence on Employment and Livelihoods (CII–CEL) in collaboration with the district administration in Chamarajanagar on January 12, 2026. The initiative is supported by the Volvo Group’s Corporate Social Responsibility (CSR) funding, and aims to encourage the establishment of micro, small, and medium enterprises (MSMEs) in the region.

The workshop served as a platform for aspiring entrepreneurs to gain guidance and network with industry leaders. G.V. Rao, CSR director of the Volvo Group, assured support for the growth of micro-enterprises in Chamarajanagar district, emphasizing the importance of learning as a strategic investment. Other notable figures, including Nagaraj Gargeshwari from Automotive Axles Limited, and Dorai Raj from the Department of Industries and Commerce, also addressed the attendees.

Key Points:

  • Deputy Commissioner Shreerupa announced financial facilities for young entrepreneurs in Mysuru district.
  • The announcement was made at a Business Excellence Workshop on January 12, 2026, organized by CII–CEL in collaboration with the district administration.
  • Financial institutions will provide loan facilities for MSMEs.
  • The initiative is supported by the Volvo Group’s CSR funding.
  • G.V. Rao, CSR director of the Volvo Group, pledged support for micro-enterprises.

Key Takeaways:

  • The Mysuru district administration is actively promoting entrepreneurship among young people.
  • The initiative involves collaboration between the government, industry associations (CII), and corporate entities (Volvo Group).
  • The focus is on providing financial and guidance support to budding entrepreneurs.
  • This initiative aims to contribute to the overall development of the district by fostering new businesses.
  • The Volvo group is serious about investing in India’s economy.

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