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India cannot become $ 5 tn economy without MSMEs: Sanjeev Chawla

In this interview with Rakesh Rao, Sanjeev Chawla, Director, Office of Development Commissioner (DC) MSME, Ministry of MSME, discusses challenges faced by MSMEs and probable solutions. Read more

Hitachi ABB Power Grids bags Rs 100 cr order from HPCL Rajasthan Refinery

The company will deliver a 220/66-kilovolt (kV) substation to assimilate power from the state grid and deliver it smoothly and efficiently to the Barmer refinery. Gas-insulated switchgear (GIS) with its compact and low-maintenance design will be installed, enabling the refinery to conserve space.Read more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

Banks sanction loans worth Rs 1.25 cr to 25.74 lakh MSMEs till Sept

The latest numbers on ECLGS, as released by the ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs). Read more

Enable MSMEs to fight competition

The clamour for boycott of Chinese goods in India is growing due to the heightened tension at the Galwan border in Ladakh where 20 Indian soldiers were killed in action on the night of July 15. Read more

Energising power sector

Indian electrical & electronics industry has been going through a rough patch even before COVID 19 struck the country.Read more

AVEVA expands new program to heavy and discrete industries

With AVEVA Select, partners will be able access the entire AVEVA portfolio.Read more

Government reduces burden on companies with relaxations

Anurag Singh Thakur, Union Minister of State, Finance & Corporate Affairs, stated this in a written response to the Lok Sabha recently.Read more

IEEMA to host virtual expo Digielec Bharat for electrical industry in Sept

Indian Electrical & Electronics Manufacturers’ & Association (IEEMA) wants to promote exports and position India’s indigenous electrical industry as an alternative to China through Digielec Bharat, which will be held virtually from Sept 24-27, 2020Read more

IEEMA aims for $ 25 bn electrical & electronics exports by 2024-25: R K Chugh

After June 15, 2020, the Government took many steps to curb imports of electrical and electronics (E&E) products from China into India. In this interview with Rakesh Rao, R K Chugh, President of IEEMA, explains the benefits of these steps and road ahead for the industry.Read more

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