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Budget 2025: Energy sector highlights and reactions

The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more

Budget 2025: Manufacturing sector highlights and reactions

The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more

Budget 2025: Auto industry highlights and reactions

MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more

Economic Survey 24-25 calls for deregulation and stronger support for MSMEs

The Survey outlines a three-step process for states to systematically review regulations based on cost-effectiveness. Read more

Union Budget 2025-26: ISSDA’s expectations for the stainless steel industry

A cornerstone of ISSDA’s recommendations is the mandatory inclusion of Life Cycle Cost Analysis (LCCA) in all public infrastructure projects at the Detailed Project Report (DPR) stage.Read more

Budget 2024-25: 8 measures in support of MSMEs

The FM said that the Government has formulated a package that covers financing, regulatory changes and technology support for MSMEs.Read more

MSMEs ask for Rs 50 billion export boost in Union Budget

The goal is to increase the number of active exporters and enable at least 300,000 to 400,000 first-time MSMEs to promote Indian products globally.Read more

Government implements major reforms to boost domestic manufacturing

These reforms are aimed at enhancing exports.Read more

First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories

The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more

Here are the Union Budget 2018 goodies for the MSMEs

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, a list of measures to help MSMEs and job creation were announced by Finance Minister Arun Jaitley while presenting the last full budget of the current government.Read more

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