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NSIC opens development centre for MSMEs in Bhubaneshwar

Dharampad Bhawan, which is NSIC’s largest office building in eastern India, will provide skill development and other support to various MSMEs including SC/ST MSMEsRead more

GST provided a much required boost to Indian SMEs

Small and medium enterprises (SMEs), considered to be the backbone of the country’s economy, still face a plethora of roadblocks in India.Read more

Tata Technologies and VDIA to set up aerospace & defence centre in Nagpur

The partnership between Tata Technologies and Vidarbha Defence Industries Association (VDIA) will promote the state as an aerospace and defence manufacturing and export hub.Read more

There is huge potential for robots in MSME sector

Encouraged by the exuberant response to its five-axis variant robot, TAL Manufacturing Solutions Ltd, the wholly-owned subsidiary of Tata Motors, recently launched a six-axis variant BRABO TRO6-6, to meet automation requirements in different industries.Read more

Capital availability a concern for MSMEs: Opinion Poll

While CII CEOs Opinion Poll said that investments and demand are set to grow strongly and capacity utilisation is building up, it raised some concerns on credit availability especially for MSMEs Read more

Trade war, rising protectionism to hurt Indian MSMEs

Export-oriented industries, particularly in sectors like iron and steel, machinery and metal products, chemicals and agricultural goods, are likely to take a hit, says FICCI's Economic Outlook SurveyRead more

Easing norms for MSMEs in IBC to speedy up resolution: Rashesh Shah

According to FICCI President, while keeping errant promoters out of the bidding process for their companies is critical, it is also equally important to give a fair chance to the genuine promotersRead more

Aye Finance disburses Rs 700 crores loans to MSMEs

The Gurgaon-based FinTech has disbursed 60,000 loans and emerged as a leading MSME lender in India.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

Innovation is essential to reduce production cost

Santosh Mandlecha, President of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) – which play a significant role in accelerating the industrial and economic development in the state, Cotton Monopoly Purchase SystemRead more

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