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SME Round up: January 2020
During January 2020, there was a broad-based decline across all 4 indices, according to CARE Ratings' Monthly SME Roundup report.Read more
Liquidity risk would also need urgent attention: McKinsey
Covid-19 has triggered a deep economic crisis globally. The global economic impact could be broader than any that we have seen since the Great Depression, observes McKinsey & Company in a report.Read more
What could be right recovery strategies for SMEs?
SMEs have been severely impacted by Covid 19 pandemic. IPF webinar elaborates on relief measures that they can avail and also suggests long term growth plans.Read more
[Budget 2020] Budget aims to give boost to MSME sector with number of proposals
MSMEs turnover threshold for audit increased 5 times to Rs 5 crore, proposes Rs 1000 crore for MSME funds, increase customs duties on labour-intensive products like footwear, furniture, etcRead more
Budget 2019 is significant for India’s machine tools industry: IMTMA
It is a positive step towards development of MSME sector and aims to position India as an elite manufacturing hub, says Indian Machine Tool Manufacturers' Association (IMTMA)Read more
Create dedicated lending window for MSME sector: R Narayan
The year 2018 has been a mixed bag for MSMEs in India. “For a sector that employs over 100 million people and contributes 28.77 per cent to the nation's GDP, the proactive initiatives introduced by the Government are a step towards neutralising the MSMEs’ extraneous suffering. Read more
Create dedicated lending window for MSME sector: R Narayan
As 2019 dawns upon us, the performance of India’s MSME sector will be critical in moulding the growth trajectory of the Indian economy, says R Narayan, Founder & CEO, Power2SMERead more
Gujarat witnesses 41% growth in MSME sector
The state is encouraging SMEs and job creation in a big way, said Gujarat CM Vijay Rupani at FICCI NECMRead more
GST provided a much required boost to Indian SMEs
Small and medium enterprises (SMEs), considered to be the backbone of the country’s economy, still face a plethora of roadblocks in India.Read more
There is huge potential for robots in MSME sector
Encouraged by the exuberant response to its five-axis variant robot, TAL Manufacturing Solutions Ltd, the wholly-owned subsidiary of Tata Motors, recently launched a six-axis variant BRABO TRO6-6, to meet automation requirements in different industries.Read more
