FICO Disbursed Rs.11,86,010 Subsidy of South Africa Tour

Ludhiana, April 5, 2016: Federation of Industrial & Commercial Organization (FICO) received Rs.11,86,010 of Subsidy of South Africa Tour from National Small Industries Corporation Limited.

Sh.Ravinder Nath, Chairman-cum-Managing Director, National Small Industries Corporation Limited felicitated the Indian industry by issuing cheque worth Rs.11,86,010 to S.Manjinder Singh Sachdeva, General Secretary ,FICO as a travel subsidy of delegates of FICO-IamSMEofINDIA who visited South Africa.

Delegation of FICO-IamSMEofINDIA was led by Sh.Kalraj Mishra, Minister of MSMEs Govt of India. The motive of visit was to promote bicycle & automobile business. The delegation was flagged off by S.Onkar Singh Pahwa, CMD, Avon Cycles Ltd & Chairman Bicycle Research & Development Organization (BRADO).

The 14-members-high power delegation of FICO-IamSMEofINDIA had visited South Africa to explore the business opportunities in 2015 from January 15, 2015 to January 24, 2015 at Johannesburg and Cape Town in South Africa.

Mr. Neeraj Satija Chairman Confederation of Indian Industry (CII) Ludhiana handed over the cheques of Rs.87,415 to each delegate who visited South Africa.

Mr. Angad Singh, Mr. Simran Singh, Mr. Harmail Singh , Mr. Inderjeet Singh, Gurmeet Singh, Mr. Kunal Singal, Mr. Shiv Kumar & Mr. Manjinder Singh Sachdeva Received the cheque of Subsidy

FICO always Support Industry to Visit Exhibition & International Markets

Amongst Present were S. Gurmeet Singh Kular President FICO, S. Manjinder Singh Sachdeva General Secretary FICO ,Sh. Mandeep Chaudhary Editor Bicycle Miror Magzine