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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
Danfoss nextGen high power automation drives for Tami Nadu SMEs
Danfoss Industries Pvt. Ltd., an industry leader in climate and energy efficient solutions, showcased its nextGen high power automation drives – VLT Drive with enclosure size E and the VLT Midi Drive, in Chennai as a part of their ‘Engineering Tomorrow’s India’ initiatives.Read more
Honeywell looks at new business lines, SMEs for India expansion
Honeywell Automation India Limited (HAIL) is a leader in providing integrated automation and software solutions, including process solutions and building solutions. In conversation with Manish Pant, Ashish Gaikwad, Managing Director, HAIL says that the company is keenly eyeing new processes in India’s smart cities programme and railways for future expansion.Read more
PrintSmart by PrinStop, a smart printing solution for SMEs
PrintSmart offers an easy and all-in-one business printing solutions to all these problems faced by the SMEs. PrintSmart, an innovation from PrintStop, is the ideal solution for SMEs to print their office stationery online.Read more
Affordable E-commerce solution for Indian SMEs by CoreCommerce
CoreCommerce India is introducing a suite of e-commerce tools targeted at small and medium enterprises in the country. The company's e-commerce platform is a do-it-yourself store builder that uses cutting-edge technology to make online business easy, secure and fun to work with.Read more
How can SMEs be big and effective?
Ranabir Chakraborty analyses the impact of GST on SMEs in lead acid battery industry and provides probable strategies for their survival. The Indian lead acid battery market, which is around Rs 35,000 crores per year market now, can be divided in to three groups - big players, next level and small players.Read more
Strengthening industries and SMEs for better growth
A conference held by SME Chamber of India for the upliftment of manufacturing industry and SMEs. T he SME Chamber of India organised a conference “PUNE INDUSTRY AND SME SUMMIT†on Friday 28th April 2017 at the O’hotel, Koregaon park, Pune. The conference highlighted how to empower manufacturing industry and SMEsRead more