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IPF Industrial Excellence Awards 2018 receives thumbs up from industry

Industrial Products Finder (IPF) recognises the fastest growing SMEs from manufacturing sector and firms that meet the standards of ‘Product Excellence’. This year’s awards received thumbs up from more than 200 who’s who of the industry who were present for the function where 15 SMEs from across India were honoured for their performance.Read more

ECGC Ltd: Empowering Exports

ECGC, one of the oldest export credit agencies in the world, has been playing a crucial role in insuring the export receivables and lending to exports. Out of around 20,000 exporters benefited by ECGC’s covers, more than 85 per cent are MSME exporters.Read more

Uno Minda goes digital to increase supply chain efficiency

By adopting Moglix’s vendor portal solution, the auto components maker has improved communication between users and suppliers, thus increasing productivity.Read more

Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector

Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more

Government's credit guarantee to reach Rs 500 billion under CGTMSE for FY19

With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 500 billion for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) schemeRead more

Budget 2018: A big booster to SMEs

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, Finance Minister Arun Jaitley announced a list of measures to help MSMEs and job creation in the budget 2018-19.Read more

SIDBI to work with Credit Rating Agencies on Product Suite for MSMEs

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SIDBI's credit to MSME sector increases to Rs 53,785 crore in FY 12

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SMERA Assigns 15,000th SME Credit Rating

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