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Exporters seek government support amid global challenges

Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more

TReDS platforms thrive: Boosting MSMEs with rapid growth, innovation

The Trade Receivables Discounting System (TReDS) introduced by the RBI to alleviate liquidity challenges faced by MSMEs, operates as an electronic platform facilitating the financing and discounting of trade receivables for these businesses.Read more

ICRIER study: E-commerce integration vital for MSMEs' survival and growth

The study, titled 'Annual Survey of MSMEs in India: Leveraging E-commerce for the Growth of MSMEs,' emphasises that although integrating with e-commerce platforms offers benefits to MSMEs, it is crucial to acknowledge that for those unable to do so.Read more

SIDBI offers 100% financing for MSMEs' Green Energy Projects

SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more

Indian Ministry focuses on empowering MSMEs through skill development

This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more

Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption

MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more

Coimbatore MSMEs embrace EV Industry with Skilling Program

This initiative is a collaborative effort between the Facilitating MSMEs in Tamil Nadu (FaMe TN) and the World Resources Institute (WRI-India).Read more

ONDC initiative boosts four key sectors: Deloitte report

Open Network for Digital Commerce (ONDC) is an initiative spearheaded by the Ministry of Commerce and Industry with the aim of establishing a supportive framework to empower small retailers in leveraging digital commerce.Read more

Godrej Capital launches Nirmaan, a digital platform for MSMEs

Godrej Capital has partnered with trusted brands like Amazon Global Selling, Onsurity, Zolvit, and MSMEx to provide solutions around core challenges faced by MSMEs and will look to enhance its partner network in the near future.Read more

Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO

Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more

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