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Will revised MSME classification solve their funding puzzle?

Only 14 per cent of credit needs of Micro, Small and Medium Enterprises (MSMEs) - the backbone of India's economy - are met through formal channels. The revised MSME classification may mark a pivotal shift in how India supports and enables its small business ecosystem, says Rakesh RaoRead more

Will the US tariff war add to MSMEs’ funding woes?

While Micro, Small and Medium Enterprises (MSMEs) continue to face barriers in accessing funds (due to high collateral norms, lack of credit history, slow approvals, etc), the new tariff war could add to their financial woes, says Rakesh Rao.Read more

Grind Master launches Garage to Global at IMTEX 2025

The book, authored by Sameer Kelkar, CEO and R&D Head of Grind Master Machines, commemorates 40 years of relentless innovation, excellence, and sustainability in manufacturing.Read more

Altair India sign MoU with CAAR to advance automotive sector

CAAR provides world-class technologies and facilities to the automotive industry, advises on policy, and develops human capital. Read more

INOX Group and IISc sign MoU to set up INOX Quantum Materials Lab

The partnership would advance research in the fields of semiconductor and quantum technologies and reduce reliance on costly imported equipment.Read more

Murugappa Group’s CG Power to finish Rs 6.62 bn capacity expansion in 18 months

CG Power also kicked off the expansion of the production capacity of the large industrial machines (LIM) unit of the company situated at Mandideep, Bhopal, at an investment of Rs 350 million.Read more

Boeing to invest Rs 300 cr in Chennai Engineering Center, creates over 1,100 jobs

The formal announcement of this investment, facilitated through a Memorandum of Understanding (MoU), is expected to take place during the upcoming two-day Global Investors’ Meet in Chennai.Read more

15 countries participates at CII EXCON at BIEC, Bengaluru

The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more

Craftsman Automation expands Capex for FY 2024

Craftsman Automation has outlined a new investment plan totalling Rs 209 crore, with Rs 150-160 crore allocated for the current fiscal year.Read more

India's growing economy set to outpace China temporarily: IMF

According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more

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