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BCIC advocates manufacturing growth for India's export ambitions

Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.Read more

Impact of the PLI scheme on job creation

While large corporations play a pivotal role in India's economic landscape, it's the Small and Medium Enterprises (SMEs) that often act as the backbone of the nation's job market. The PLI scheme is a game-changer for these smaller organisations, as it provides them with a substantial boost, says Krishnendu ChatterjeeRead more

ITeS industry poised for steady growth amid global challenges

The industry's expansion is expected to be driven by transition to non-voice services within the CRM segment, a surge in digital payments in the transaction services sector, and the evolution of analytics-based offerings in the KPO domain.Read more

Ministry of Mines launches S&T-PRISM initiative to boost innovation in mining Start-ups, MSMEs

This initiative is poised to fill the longstanding gap in research and innovation within startups and MSMEs operating in the fields of mining, mineral processing, metallurgy, and recycling.Read more

India explores free trade agreements to boost MSMEs' global procurement access

Many countries prioritise MSMEs in their public procurement, and India also supports its MSMEs by offering special purchase preferences.Read more

Karnataka's MSMEs struggle amidst Power Supply woes

A consistent power supply is crucial for manufacturing, and power interruptions are expected to adversely impact the state's economy as a whole.Read more

Kerala govt unveils incentives for MSMEs under Mission 1,000 initiative

As part of this initiative, the government has given the green light to the industries department's proposal, which includes a range of incentives to bolster the growth of 1,000 MSME units in the state.Read more

Kerala govt launches Comprehensive Insurance Scheme to safeguard MSMEs

As of now, Kerala is home to more than three lakh MSMEs, with around 1,40,000 entities registered under the government's Year of Enterprises initiative.Read more

ISA partners with GeM to empower MSMEs in online steel procurement

In an official statement, ISA proudly declared the signing of a Memorandum of Understanding (MoU) with GeM, with the objective of seamlessly integrating all ISA members into the GeM platform, functioning both as sellers and buyers.Read more

KCCI urges fair treatment for MSMEs in NCLT resolutions

In a letter addressed to Union Finance Minister Nirmala Sitharaman on October 7, Chamber President Ananthesh V Prabhu expressed concerns about the bleak prospects for MSMEs in recovering their dues after engaging in business with LLCs that end up before tRead more

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