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Primeroll brings world-class bearings to Indian market
Indian end-user industries for bearings can look forward to some really top quality and world-renowned brands of an exhaustive range from the Primeroll stable. They have overcome the challenges during the pandemic by fortifying their supply chain through strategic planning. In this interview C R Chandalia, MD, Primeroll International Pvt Ltd is confident that their customers can now look forward to customised solutions and timely deliveries.Read more
Elektrocraft plans to launch more sustainable products
As Laboratory equipment play a major in various industries like pharma & chemical industries, food processing, healthcare, etc.Read more
The market has definitely revived post-Covid
From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more
Business Environment Set for Growth
The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more
Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23
In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more
Budget 2022 announces additional credit of Rs 2 trn for MSMEs
Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance†(RAMP) programme with outlay of Rs 60 billionRead more
The vision for a new Indian supply chain
The vision for a new Indian supply chain Read more
Why MSMEs matter to transform India’s economy
MSME manufacturing firms have been imperative to the growth of the Indian economy. Read more
MSME Ministry launches SCLCS scheme for services sector for tech upgradation
The Special Credit Linked Capital Subsidy (SCLCS) scheme will help in meeting the technology related requirements of enterprises in the services sector and has a provision of 25% capital subsidy for procurement of plant & machinery and service equipment.Read more
Govt extends Credit Guarantee Scheme for Subordinate Debt till March 2022
The scheme - launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs - was to end on September 30, 2021. Read more