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India is home to the world’s biggest micro, small and medium enterprises (MSMEs) community (more than 60 million) who contribute around 29.7 per cent of the country’s GDP. Read more
Section 43B(h) of Income Tax Act - mandating payment to micro and small enterprises (MSEs) within 45 days of supply - was welcomed when announced in Budget 2023-24. However, MSEs are now facing a peculiar problem of losing orders from large firms because of it. Rakesh Rao explores more on this issue and the road ahead.Read more
Government policies have been instrumental in this growth, the unpredictability stemming from certain actions of enforcement agencies needs to be addressed.Read more
Bilateral trade between India and China recorded significant growth. Read more
Prime Minister Modi advocates for building an aircraft manufacturing ecosystem in India during the inauguration of Boeing's new campus in Bengaluru, highlighting the nation's potential and government's support for the industry.Read more
A high-caliber jury chaired by Prof (Dr) Holger Hanselka, President of the Fraunhofer-Gesellschaft, selected Schunk's 2D Grasping Kit project for this year's award.Read more
In 1972-73, the India's economy grew by about 2 per cent compared to previous year with industrial sector registering a growth of only 4.5 per cent while agriculture production declining by 1.7 per centRead more
Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more
The Railways factory manufactured 1200 high horse power (9000 HP) electric locomotives over a period of 11 years. It would entail manufacturing of 1200 locomotives and maintenance of these locomotives for 35 yearsRead more
ELECRAMA 2025, which will have the theme of “Reimagining Energy for Sustainable Future”, expects business enquiries worth $20 billion.Read more
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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