SIDBI facilitates Rs 50-cr carbon credits to Ludhiana cluster

The Small Industries Development Bank of India (SIDBI) has facilitated Rs 50-crore worth of carbon credits to the 300-odd forging units in Ludhiana. The SIDBI's new Chairman and Managing Director, Mr R.M. Malla, sees this as the first among many such initiatives. Mr Malla told Business Line recently that SIDBI's study of the units