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Sparr Electronics plans to scale up production capacity
As a manufacturing of electronics and communication products, Sparr Electronics offers a strategic partnership with solution providers or software automation companies to address the various hardware challenges. Read more
We will add power generation boilers in our product line
The demand for Radiant Thermal Engineers’ products is at an all-time high with generation and better distribution of energy becoming a matter of prime importance today. Here, Kamlesh Rathore and Sanjay Sharma, Directors of Radiant Thermal Engineers, provide insights into their company and the road ahead.Read more
Elektrocraft plans to launch more sustainable products
As Laboratory equipment play a major in various industries like pharma & chemical industries, food processing, healthcare, etc.Read more
The market has definitely revived post-Covid
From its humble beginning in 1979, Bohmen Industries today offers a wide variety of position switching devices catering to various industries. Post-Covid, the company is seeing a good demand due to a reduction in competition from the unorganised sector as well as a definite aversion for cheap imported alternatives, reveals Abhishek Bohra, Partner, Bohmen Industries.Read more
Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23
In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more
Budget 2022 announces additional credit of Rs 2 trn for MSMEs
Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance†(RAMP) programme with outlay of Rs 60 billionRead more
The vision for a new Indian supply chain
The vision for a new Indian supply chain Read more
Why MSMEs matter to transform India’s economy
MSME manufacturing firms have been imperative to the growth of the Indian economy. Read more
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
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more