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Trade war, rising protectionism to hurt Indian MSMEs
Export-oriented industries, particularly in sectors like iron and steel, machinery and metal products, chemicals and agricultural goods, are likely to take a hit, says FICCI's Economic Outlook SurveyRead more
Easing norms for MSMEs in IBC to speedy up resolution: Rashesh Shah
According to FICCI President, while keeping errant promoters out of the bidding process for their companies is critical, it is also equally important to give a fair chance to the genuine promotersRead more
Aye Finance disburses Rs 700 crores loans to MSMEs
The Gurgaon-based FinTech has disbursed 60,000 loans and emerged as a leading MSME lender in India.Read more
Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector
Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more
Innovation is essential to reduce production cost
Santosh Mandlecha, President of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) – which play a significant role in accelerating the industrial and economic development in the state, Cotton Monopoly Purchase SystemRead more
Civil Aviation Ministry trying to put in place financing structure
Civil Aviation Ministry trying to put in place financing structureRead more
National foreign trade directory released by MSME ministry
Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded International SME Convention - 2018Read more
Govt assures action on ease of doing business in defence Sector
Ajay Kumar, Secretary (DP) has assured the industry that the Ministry of Defence was keen to align procurement and production and the recently constituted Defence Planning Committee chaired by the NSA will also undertake this issue.Read more
Indian manufacturing industry roaring ahead
Announced in 2014, Make in India has placed the country’s manufacturing sector on the global map as far as being the chosen destination for global producers is concerned. The industry is all set for taking the next leap in manufacturing by adopting advanced technologies and Industry 4.0.Read more
Make’ to ‘Design’ in India: An emerging paradigm
As the world recognises the true potential of India in engineering and manufacturing acumen, many products across industries will soon bear the note saying ‘Designed and Manufactured in India’, says Vikas Khanvelkar.Read more