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Karnataka's MSMEs struggle amidst Power Supply woes

A consistent power supply is crucial for manufacturing, and power interruptions are expected to adversely impact the state's economy as a whole.Read more

How ESG is catalysing India's SMEs for global competitiveness

A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more

CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding

The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more

Indian Ministry focuses on empowering MSMEs through skill development

This transformation involves incentivising skills training for micro, small, and medium enterprises and offering customized courses to meet the demand for skilled workers within small businesses.Read more

Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs

In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.Read more

Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption

MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more

SIDBI aims for 25% MSME lending share, plans equity boost and green fund

Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more

Tally Solutions launches TallyPrime 3.0 to help SMEs fast-track their growth

Powered with simpler, more flexible and an easy-to-use features, the new 3.0 version of TallyPrime is a comprehensive business management solution.Read more

Electrification is gaining momentum in the auto industry

Keeping together traditional technology with the evolving ones, SEG Automotive, a global supplier of powertrain components, has kept market intact. It is involved in innovating components reducing less CO2 emissions. Anil Kumar M R, President and Managing Director, SEG Automotive India shares more about SEG Auto and its development in this interview. Read more

Cobots: Small size, BIG impact

The global collaborative robot (cobot) market is expected to grow from $ 1.23 billion in 2022 to $ 11.04 billion by 2030 at a CAGR of 31.5 per cent. Today, cobots (which are small in size and less costly) can perform a similar range of activities when compared to traditional industrial robots. Hence, they can have a big impact on India’s manufacturing sector, says Rakesh Rao. Read more

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