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MSMEs' contribution to the GDP

As on 16.07.2024, the total employment reported by the MSMEs on the Udyam Registration Portal (since 01.07.2020 to 16.07.2024) is 203.9 million(including informal micro enterprises registered on Udyam Assist Platform).Read more

Decarbonising seven key MSME sectors could save Rs 370 million yearly

The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more

Interest subsidy scheme for exporters extended 2 months for MSME sector

The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more

Niti Aayog introduce plan to enhance MSME sector exports

The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more

G20 commits to boost MSME Sector: Eased regulations, access to capital

The New Delhi Declaration, adopted recently, recognises startups and Micro, Small, and Medium Enterprises (MSMEs) as natural drivers of growth, essential for driving innovation and employment.Read more

Ramkrishna Forgings is one stop destination for all CV OEMs

Established in 1981, Ramkrishna Forgings Ltd is a manufacturer of supplier of open and closed die forgings of carbon and alloy steel, micro alloy steel and stainless-steel forgings.Read more

Business Environment Set for Growth

The share of manufacturing in India's GVA (Gross Value Added) has seen a gradual fall in the last one decade despite a surge in private consumption demandRead more

Razorpay acquires Bengaluru based TERA Finlabs to support MSME sector

Razorpay disclosed that the acquisition of TERA Finlabs is aligned with its strategy of financially supporting MSMEs by building competencies in capital solutions, credit underwriting and data-driven risk management.Read more

World Bank approves $500 million RAMP Program for MSME sector in India

The $500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Bank’s second intervention in this sector, the first being the $750 million MSME Emergency Response Program, approved in July 2020 Read more

Nitin Gadkari: Government committed to promote renewable energy for MSME Sector

The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more

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