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GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs

According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more

Majority Of MSMEs in Pune to recover within next six months: Study

According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more

Relaxations under ECLGS 1 will serve MSMEs well: FICCI

FICCI had requested that the quantum under ECLGS should be doubled to Rs 6 lakh croreRead more

CSIR-CMERI transfers Oxygen Enrichment tech to two more MSMEs

CSIR-CMERI in the last five years has transferred 125 different technologies to the MSMEs to empower the sector at large, and setup specialised manufacturing hubs to improve the technical capabilities of the national industry base and human resource profile.Read more

CSIR-CMERI transfers Oxygen Enrichment tech to four MSMEs

Oxygen enrichment technology will also be further transferred to other companies and even government PSUs. While MSEs have started supplying resources like compressors, analysers, manufacturing capacity etc.Read more

Government notifies Pre-packaged insolvency Amendment PPIRP for MSMEs

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on April 4, 2021 by the President Ram Nath Kovind.Read more

Vedanta’s ‘waste to wealth’ projects boost local MSMEs in Odisha & Chhattisgarh

The company supports over a hundred brick manufacturing MSMEs situated around and beyond its areas of operations with fly ash free of cost to their doorsteps, amounting to nearly 5 lakh metric tonnes per annum.Read more

Raghunandan Saraf: E-commerce is a gamechanger for Indian MSMEs

The e-commerce market in India is anticipated to reach $84 billion in 2021 owing to unprecedented and ever-growing internet users in India. Raghunandan Saraf, Founder & CEO, Saraf Furniture, believes that e-commerce is a catalyst for MSME sector growth.Read more

Nine major reforms to promote MSMEs in Defence

Government has aggressively strived to engage MSMEs and startups with indigenisation programmes with the Defence sector in the last 2 years. Read more

PLI scheme to benefit Indian MSMEs: PM Narendra Modi

Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more

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