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GST provided a much required boost to Indian SMEs

Small and medium enterprises (SMEs), considered to be the backbone of the country’s economy, still face a plethora of roadblocks in India.Read more

Siemens aims to boost technology adoption by SMEs with Ingenuity Tour

Tour will demonstrate a comprehensive array of innovative products, solutions and services covering electrification, automation and digitalization for the manufacturing segmentRead more

TAL aims to tap SMEs with new 6-axis robot BRABO TRO6-6

In association with TATA Capital, it will offer financing assistance for the purchase of the robot, which will cater to the automation needs in auto, electronics, foundry, metal fabrication and plastics industriesRead more

France’s Trigo & CII to support SMEs in aerospace sector

France-based Trigo Group has started its aerospace cluster development program in cooperation with the Confederation of Indian Industry (CII) to uplift quality standards and production of India’s small and medium enterprises (SMEs).Read more

SMEs: Riding the digital wave for prosperity

The manufacturing sector in India has the potential to become a trillion dollar industry by 2020. With the support of the government initiatives such as Make in India & Digital India and the innovation in technology, SMEs have a great prospect to cash-in on the opportunity, says Umesh Modi.Read more

Government announces creation of a dedicated defence and aerospace SME fund

Secretary, Department of Defence Production, MoD, Dr. Ajay Kumar announced recently the creation of a dedicated defence and aerospace SME fund, registered with SEBI where minority stake could be taken by investors.Read more

BEL achieves landmark turnover of more than Rs 100 billion

State-owned Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved the landmark turnover of more than Rs 100 billion (Provisional & Unaudited) during FY 2017-18Read more

Collaborative robots - India and the future of manufacturing

Through the collaborative robots (Cobots), it is possible for humans and robots to be inter-dependent and focus on what each of them does best, safely says Pradeep David. Industrial Automation has always been part of manufacturing industry on limited basis. Over the past few decades automation has become a necessity in manufacturing industry due to global competition. This has helped in efficient manufacturing processes and in mass- production of goods.Read more

PN International (KARAM group) bags an award for Global SME of the Year

PN International, KARAM Industries - a leading Personal Protective Equipment (PPE) manufacturing enterprise bags the ‘Global SME Of The Year’ award at the 10th edition of ‘The Emerging India Awards’ hosted by ICICI Bank and CNBC-TV18. The ceremony held at Taj Lands End, Mumbai was graced by stalwarts of the political and the business world, including Chanda Kochhar, MD & CEO, ICICI Bank; Bhaskar Pramanik, Former Chairman, Microsoft India; Sunil Sood, MD & CEO, VodafoneRead more

Brexit will hit SMEs particularly hard, says VDMA

The withdrawal of the UK from the EU will create new barriers to trade. VDMA is in favour of a customs union with the UK to keep the impact as low as possible.Read more

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