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Will revised MSME classification solve their funding puzzle?
Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more
BILZ launches ThermoGrip® TMG Shrink Chuck
The new TMG is characterised by exceptional flexibility, high rigidity and optimised vibration damping.Read more
Budget launches National Manufacturing Mission, revises MSMEs classifications
To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more
NTPC rolls out CO2 battery at NTPC Kudgi
Unlike BESS, which is based on electrochemistry, the CO2 battery is based specialised electro-mechanical turbomachinery.Read more
Igus adds new accessories for hoses to e-chain series E4Q
The new hose clamp and with special side sections to ensure quick and easy installation of corrugated tubes and hoses.Read more
Deploying industrial AI with sustainability
Industrial AI stems from combining AI with models, based on engineering fundamentals with crucial domain-expertise driven guardrails around AI applications. Results follow the scientific laws i.e., of chemistry, physics, electricity, and geoscience, ensuring that outcomes are safe. Industrial AI works around the premises of agility, guidance and automation – in particular, as an expert co-pilot and advisor to help workers make better, more strategic decisions, faster, says Dr Heiko Claussen.Read more
Addverb and Mondial Relay to revolutionise global logistics through automation
Designed to handle Mondial Relay's high volume of parcels for its delivery operations, these advanced robots streamline the sorting process. Read more
Ultraviolette unveils India’s first-ever superbike & aims to claim speed records
Touted to be India’s first superbike, it aims to claim Indian speed records in the ensuing 90 days.Read more
China outspends US, Taiwan, and South Korea in chipmaking push
China's chipmaking capacity is projected to more than double over the next five to seven years, primarily focusing on mature production processes (28nm or above), used in sectors like automotive and household appliances.Read more
SC decrees banks must follow procedure before classifying MSME loans as NPAs
The ruling was based on the 2015 notification by the Ministry of MSME, which established a framework for the revival and rehabilitation of MSMEs.Read more