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Inter-ministerial group to develop credit guarantee scheme for MSMEs

The MSME ministry will present the scheme to the Expenditure Finance Committee for approval following a series of consultations with stakeholders.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

CADFEM India credits Ansys for boosting India's semiconductor industry

The workshop showcased ANSYS Simulation capabilities in silicon photonics design and served as a premier enabling platform for industry experts, researchers, startups, students, and enthusiasts in the fieldRead more

Ashwini Vaishnaw urged Google to produce Tensor chipset in India within 3 yrs

Google has revealed plans to manufacture Pixel smartphones in India, prompting Union Minister Ashwini Vaishnaw to urge the company to produce its Tensor chipset within the country within three years.Read more

Israel-Hamas conflict to impact Indian exporters: Report

The conflict serves as a reminder of the uncertainties facing ambitious trade projects like the India-Middle East-Europe Economic Corridor (IMEC), says Container xChange report. Adani Ports, operator of the Haifa Port, has assured stakeholders of operational readiness while closely monitoring the situation.Read more

Exporters seek government support amid global challenges

Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more

SIDBI offers 100% financing for MSMEs' Green Energy Projects

SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more

Indian industries concern over EU Carbon tax data demands

This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more

Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project

Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more

Modulus Alternatives commits Rs 1.5 bn to Shivam Autotech in debut private credit fund investment

The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more

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