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NCR: A hub for SMEs
The reason why NCR is an essential component of the Indian economy is due to its contribution towards India’s GDP.Read more
“Many Indian SMEs are looking to invest in cobotsâ€Â
Collaborative robots (cobots) are the latest generation of robotic systems that are intended to work alongside humans. Cobots market is witnessing multifold growth that can be attributed to the high RoI and low price of collaborative robots.Read more
Gujarat witnesses 41% growth in MSME sector
The state is encouraging SMEs and job creation in a big way, said Gujarat CM Vijay Rupani at FICCI NECMRead more
“Simulation gives competitive advantage to SMEsâ€Â
Regulations such as Corporate Average Fuel Economy (CAFE), new emission norms, etc are forcing auto makers in India to accelerate research and capability improvement activitiesRead more
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
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
Budget 2018: A big booster to SMEs
According to the National Sample Survey’s (NSS) 73rd round, there were around 634 trillion unincorporated non-agriculture MSMEs (micro, small and medium enterprises) in India in 2015-16 providing employment to 111 million workers. Taking into account the significance of MSMEs sector to the country’s economic development, Finance Minister Arun Jaitley announced a list of measures to help MSMEs and job creation in the budget 2018-19.Read more