Tag: MSME India

EduConnect

Sesa Technical School Achieves 100% Placement for 2023–25 Batch

Tanisha Cardozo

Sanquelim, Goa: Sesa Technical School (STS), a flagship CSR initiative of Vedanta Sesa Goa, marked a significant milestone as it celebrated 100% placement for its 2023–25 graduating batch. A total of 95 students successfully completed their training, making it the institution’s 30th graduating batch since its inception in 1994.

The convocation ceremony, held at the STS campus in Sanquelim, was graced by Mr. P.D. Ambatkar, Assistant Director of the Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small & Medium Enterprises (MSME), Government of India. He felicitated the students and highlighted the importance of technical education in building a self-reliant India.

“Technical education and vocational training are central to strengthening the MSME ecosystem. Institutions like STS play a crucial role in equipping youth with industry-relevant skills and fostering employability and entrepreneurship,” Ambatkar said, emphasizing KVIC’s continued support through training and financial assistance initiatives.

Also present at the event were Ms. Leena Verenkar, Head CSR & SCDF, Vedanta Sesa Goa, and Mr. Gajendra Alarnicar, Principal of STS, along with faculty members and staff.

Congratulating the students, CEO Navin Jaju expressed pride in their achievements and reaffirmed the organisation’s commitment to nation-building through skilling. He also lauded the increasing participation of women in technical education, highlighting their growing role in industrial sectors.

The graduating batch represented diverse trades, including Fitter, Electrician, Machinist, Instrument Mechanic, and Computer Operator Programming Assistant (COPA). Academic toppers included Darshan Gurav (Machinist – 94.08%), Shidalli Suleman Inamdar (Instrument Mechanic – 92.75%), Vinayak Subhash Sawant (92.33%), Aniket Gopal Manik (Fitter – 92%), and Sanjana Fondekar (COPA – 91.83%).

Students secured placements across reputed organisations such as Hindustan Unilever, Nestlé, Zydus Cadila, Guala Closures Group, Unichem Laboratories, Colgate-Palmolive, Sanofi, and CommScope, among others—reflecting the institute’s strong industry linkage.

Additionally, students from the Electrician and Instrument Mechanic trades completed a 15-day specialised training programme in mobile repairing and electrical works under the Gramodyog Vikas Yojana, conducted by KVIC. The initiative aims to enable skilled individuals to establish small-scale enterprises and contribute to grassroots economic development.

Established in 1994 on a reclaimed mining site in Sanquelim, STS has trained nearly 2,000 youth, primarily from Goa’s rural and mining regions. Affiliated with the ITI curriculum, the institution continues to focus on holistic development through hands-on training, industry exposure, and interview preparation support.

With a consistent track record of strong placements and industry-ready graduates, Sesa Technical School remains a cornerstone in Goa’s skill development ecosystem, bridging the gap between education and employment.

Finance

Axis Finance Launches ‘Vyapar Business Loan’ to Empower Micro & Small Businesses

Tanisha Cardozo

Written by Tanisha Cardozo || Team Allycaral

Axis Finance Limited (AFL), one of India’s fastest-growing non-banking financial companies (NBFCs), has announced the launch of Axis Finance Vyapar Business Loan, a collateral-free credit solution aimed at addressing the financing needs of micro and small businesses across semi-urban and rural India.

The Vyapar Business Loan is designed to support entrepreneurs operating in the retail, service and trading segments, offering loans of up to ₹10 lakh with flexible repayment tenures and zero collateral requirements. With a simplified application process and minimal documentation, the product ensures quick and hassle-free access to formal credit for India’s self-employed community. The financing can be utilised for working capital needs, business expansion or equipment upgrades.

Commenting on the launch, Sai Giridhar, MD & CEO, Axis Finance Limited, said that micro and small entrepreneurs form the backbone of India’s economy. He noted that the Vyapar Business Loan aims to make formal credit more inclusive by enabling shopkeepers, traders and service providers to access collateral-free finance, helping them scale operations and fulfil their growth aspirations with confidence.

He further highlighted Axis Finance’s focus on leveraging technology and data-driven underwriting to ensure faster turnaround times and a superior customer experience. According to him, the launch of Vyapar Business Loan marks a significant milestone in the company’s journey to empower India’s self-employed population with simple, secure and scalable credit solutions.

Earlier in the fiscal year, Axis Finance introduced Disha Home Loans to improve homeownership access for Economically Weaker Section (EWS) and Low-Income Group (LIG) customers, and also launched Axis Finance Shakti, a Micro Loan Against Property (Micro LAP) product for micro-entrepreneurs and self-employed individuals. Vyapar Business Loan builds on these initiatives, further strengthening AFL’s commitment to inclusive lending and grassroots economic development.

Axis Finance continues to expand its presence across secured and unsecured lending segments, supported by strong underwriting capabilities, advanced technology platforms and an extensive distribution network focused on delivering seamless customer experiences across emerging markets.


Axis Finance Limited is a non-deposit accepting NBFC registered with the Reserve Bank of India and classified under the Middle Layer (NBFC-ML). A wholly-owned subsidiary of Axis Bank Limited, the company offers a wide range of retail and wholesale lending solutions, including Loans Against Property, Business Loans, Personal Loans, Disha Home Loans, Corporate Financing and Real Estate Financing.