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SIDBI aims for 25% MSME lending share, plans equity boost and green fund
Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more
Bajaj Finance plans to venture into SME, 4-wheelers, tractor financing
During Q1FY24, Bajaj Finance recorded a significant increase, with 79.94 million new loans, representing a 34% growth compared to the previous year.Read more
DBS Bank India targets $1 bn SME loan portfolio by 2025
DBS India's SME portfolio stands at around Rs 5,000 crore, exhibiting a robust Compound Annual Growth Rate (CAGR) of 40% over the past three years.Read more
Tally Solutions launches TallyPrime 3.0 to help SMEs fast-track their growth
Powered with simpler, more flexible and an easy-to-use features, the new 3.0 version of TallyPrime is a comprehensive business management solution.Read more
Human will remain the master even in the factories of the future
In this interview with Rakesh Rao, Anup Wadhwa, Director, Automation Industry Association, highlights the challenges and opportunities before Indian manufacturers as they take steps towards smart manufacturing.Read more
51% of Indian manufacturers plans to adopt smart manufacturing by the next year
A recent study by industrial automation company, Rockwell Automation titled ‘8th Annual State of Smart Manufacturing Report’ reveals the impact of technology on the profitable growth of the global manufacturing sector. The report has intakes from 1,350 manufacturers across 13 leading manufacturing countries. Arvind Kakru, Director of Sales, Rockwell Automation India, in this interview tells how Indian manufactures, OEMs, SMEs/MSMEs etc can benefit from smart manufacturing in the coming future. Read more
The skilling evolution in India’s manufacturing industry
Over the past decade, the role of automation in manufacturing has increased significantly. As the sector continues to change and evolve, the skill sets required to succeed are changing as well. The need for strong core competencies alongside new age skills and soft skills will be critical to success, says Neeti Sharma.Read more
Collaborative robots are doing wonders for manufacturers
In this interview with Rakesh Rao, Sougandh K M, Country Manager of India, Universal Robots, elaborates on how cobots can make small & medium enterprises (SMEs) competitive in a global landscape without taking on undesirable risks.Read more
Adopting the right technology can make India self-reliant
In this interview with Rakesh Rao, Suprakash Chaudhuri, Head - Digital Industries, Siemens Ltd, highlights importance of Industry 4.0 or digitalization in furthering India’s manufacturing growth.Read more
3i EXPO & Conference gets a rousing response from the manufacturing industry; IPF presents awards to 19 SMEs from across India
3i EXPO & Conference - hosted by Industrial Products Finder (IPF) from May 20-21, 2022 in Mumbai - received an arousing response from the Indian manufacturing sectors with senior representatives from some of the leading companies like Emerson, Godrej & Boyce, Aditya Birla Group, Reliance Industries, Mitsubishi Electric, etc visiting the event.Read more