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The agarbatti market in India is estimated at whopping Rs.3,500 crore annually and growing. Indian-made agarbattis are also making rapid inroads into foreign countries. 

Agarbatti manufacturing is one of the small scale manufacturing businesses that show promise of exponential growth over coming years. Karnataka has been famous for Agarbatti manufacturing due to easy availability of raw materials. Identify and state any two objectives of the financial institution which will provide financial aid to this sector. 

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SIDBI objectives 

i. Initiate steps for technological upgradation, and modernization of existing units. 

ii. expand channels for marketing of SSI sector products in India and abroad. 

iii. Promote employment - oriented industries

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