SIDBI (Small Industries Development Bank of India) and Udhyam Vyapaar have forged a strategic partnership to revolutionise the ironing industry and promote sustainable practices.
This collaborative initiative aims to empower the istriwala community by facilitating their transition from coal based ironing boxes to more efficient and eco-friendly LPG-powered alternatives.
Key Objectives of Partnership
Awareness and Education
Facilitating Transition
Enable 200 ironing vyapaaris from Karnataka, with 150 in Bengaluru and 50 in the rest of the state, to upgrade to LPG iron boxes, reducing their reliance on coal.
Benefits of switching
to LPG Iron Boxes
Improved Productivity
Better Health and Safety
Income Increase
Environmental Sustainability
Reduce local air pollution and contribute to a greener Bengaluru by eliminating coal consumption.
Key Objectives of Partnership
- Enabled over 5,300 Istri Vyapaaris in Bengaluru and Chennai to switch from coal to LPG iron boxes.
- Resulted in a collective income uplift of 25 crores for the Vyapaaris.
- Eliminated the consumption of 2,500 tonnes of coal.
- According to an independent study by Azim Premji University, the Istri Vyapaaris in Chennai experienced:
- 23% increase in productivity
- 28% rise in their monthly net returns
This partnership between SIDBI and Udhyam Vyapaar represents a significant stride towards sustainable development, promoting economic growth, environmental protection, and improved livelihoods for the ironing community.
