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MSME Ministry launches SCLCS scheme for services sector for tech upgradation

The Special Credit Linked Capital Subsidy (SCLCS) scheme will help in meeting the technology related requirements of enterprises in the services sector and has a provision of 25% capital subsidy for procurement of plant & machinery and service equipment.Read more

LANXESS expands customer service for electrical industry

An experimental injection mould for an application-focused part was developed in the company’s own technical lab for polymer processing at the Dormagen plant.Read more

Igus’ new pads increase service life of E4.1 energy chains

They are made of a highly abrasion-resistant igumid polymer, which can double the service life of the energy supply system at travel speeds of 1-3m/s.Read more

Top 80% companies keen to collaborate with competitors: TCS study

The study reveals a sharp divide in digital strategies of better-performing companies (Leaders) versus laggards (Followers). 80% of Leaders are willing to collaborate with competitors than Followers (23%).Read more

Dr Sreeram Srinivasan: Covid 19 is not a cause for chip shortage

In this exclusive interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO of Syrma Technology, explains the reasons behind the current chip supply crisis and also shares his growth plans for Syrma Technology.Read more

Video Roundtable: Emerging trends in warehousing & importance of MHE

Industrial Products Finder (IPF) and Equipment India (EI), along with Kelley Material Handling Equipment India as the Associate Partner, hosted a video roundtable – titled “Emerging trends in warehousing and importance of MHE”.Read more

Tecnimont and Siemens sign MoU for digital predictive maintenance services

The tools will improve plant operability and reduce maintenance costs. The two companies will work together on feasibility studies and identify clients to promote the application of the technology.Read more

Ind-Ra: ECLGS extension to help mid and emerging corporates recover post Covid

The extension in the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one-third of mid and emerging corporates (MECs), according to India Ratings and Research (Ind-Ra).Read more

Majority Of MSMEs in Pune to recover within next six months: Study

According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more

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