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But they have to obtain the approval of the BIFR.
Not all sick units are beyond redemption. A genuine lack of demand for products is RARELY the reason for an industrial unit to go sick in India.
Sickness in SSI sector is attributed to a number of factors like inefficiency in management, over ambitious projects, dispute among partners and non-availability of credit which is one of the major factors responsible for rendering SSI units sick...
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But they have to obtain the approval of the BIFR.
Not all sick units are beyond redemption. A genuine lack of demand for products is RARELY the reason for an industrial unit to go sick in India.
Sickness in SSI sector is attributed to a number of factors like inefficiency in management, over ambitious projects, dispute among partners and non-availability of credit which is one of the major factors responsible for rendering SSI units sick...
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