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“Simulation gives competitive advantage to SMEs”

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

Change in classification norms for MSMEs to boost growth

The Cabinet’s decision to change the criteria for classification of micro, small, and medium enterprises (MSMEs) from ‘investment in plant and machinery’ to ‘annual turnover’ is likely to give a boost to SMEs sectorRead more

Demystifying GST for SMEs

The Goods and Services Tax has been implemented to revive the Indian taxation system. The GST Act was passed in the Lok Sabha on 29th March, 2017, and came into effect from 1st July, 2017. Since law-making and implementing is a process of continuous learning and improvement, it does lead to uncertainties at times and the same is also true for GST. To clear this dust of confusion to some extent with respect to SMEs , IPF conducted a roundtable conference on 30th August at Delhi.Read more

Epicor partners with Redington to grow presence in India and support SMEs

Epicor Software Corporation, a global provider of industry specific software to promote business growth, announced the appointment of a country-wide distributor to accelerate business growth and meet demand for enterprise resource planning (ERP) solutions across India. The partnership will see Redington India, one of the country's largest technology distributors, selecting and training specialist resellers from its network of over 20,000 business partners to grow the Epicor customer base.Read more

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