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How MSMEs will play a key role in the development of Indian manufacturing sector

Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.Read more

Protectionist measures on steel imports will hurt MSMEs: EEPC

This warning comes as large Indian steel manufacturers have urged the government to double tariffs on steel imports to 15% in a bid to shield domestic steel production from increasing imports, particularly from China.Read more

Bright future for manufacturing as ‘Make in India’ marks 10 years: Piyush Goyal

Other sectors like steel, cement, and textiles have seen massive investments, contributing to the overall growth of India’s manufacturing capacity.Read more

Telangana launches MSME policy to tackle gaps in TS-iPASS

Key features include the development of five new industrial parks dedicated to MSMEs, with one park exclusively for women-owned businesses and another for innovative startups. Read more

India's new machinery safety rules to affect over 150,000 manufacturers

The MSME sector, which contributes about 30% of India's GDP and over 45% of exports, is voicing concerns and seeking an extension of the deadline.Read more

Karnataka aims to become manufacturing hub with centre of excellence

The state aims to prepare its SMEs and MSMEs to meet global demand, supported by recently announced flat-floor factories across Karnataka.Read more

MSMEs encouraged to utilise NSIC raw material schemes

The NSIC is also exploring collaborations with the Commodity Exchange to enhance benefits for MSMEs and is sourcing tools from MSMEs for the PM Vishwakarma scheme kits distributed to artisans.Read more

New safety regulations for machinery to impact MSMEs; GTRI

The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more

SBI to adopt cash-flow based lending for MSME loans up to Rs 50 million

SBI is collaborating with multilateral development banks and large multinational banks to address these challenges.Read more

Chinese imports of umbrellas and musical instruments are hurting MSMEs; GTRI

The report details that China supplies 95.8% of India’s umbrellas and sun umbrellas, 91.9% of artificial flowers and human hair products, 59.7% of glassware, 54.3% of leather goods, and 52.5% of toys. Read more

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