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Decoding the attempt of a liquidity boost to MSEs
Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more
Automation, digitalisation and electrification must go hand in hand
….this is ABB’s vision, says Subrata Karmakar, President- Robotics and Discrete Automation, ABB India in this interview. The company follows a 5-step process of Enable, Integrate, Model, Analyse and Deliver leading to technology adoption, he added.Read more
FICCI’s report on SMEs in India shows increase in tech adoption
The Federation of Indian Chambers of Commerce and Industry released its report on Small and Medium Enterprises (SMEs) in India in New Delhi. The report highlights how SMEs are adapting to the digital transformation, adopting sustainability practices and challenges.Read more
Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEsâ€Â
The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more
Unlocking the export challenge
Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent, as per the information from Directorate General of Commercial Intelligence and Statistics. Read more
SME Round up: January 2020
During January 2020, there was a broad-based decline across all 4 indices, according to CARE Ratings' Monthly SME Roundup report.Read more
Let’s applaud the achievers
India is expected to become the fourth largest economy by 2026 and the third largest by 2034. The Government of India aims to make the country a $5 trillion economy by 2025.Read more
Gandhi Automations bags WASME award for Warehouse & Logistic Innovation
Gandhi Automation Pvt. Ltd. has recently been honoured with Warehouse & Logistic Innovation Award by World Association for Small and Medium Enterprises (WASME), a global non-profit organisation for development of small and medium enterprises (SMEs) globally, since its inception in 1980. Read more
Is worst behind us?
With India facing longer-than-expected phase of economic slowdown, the International Monetary Fund (IMF) has urged the government to take urgent policy actions to address the current downturn.Read more
India is at the top of Accurpress list
With over 40 years in the marketplace, Accurpress is globally known for manufacturing innovative and complete line of press brakes and shears for every bending and shearing application.Read more
