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Kladana launches Shop FloorWeb app for productivity enhancement

Kladana recently expanded its footprint in India and established an office in Mumbai to serve hundreds of SMEs that are already using its capabilities. Read more

India & US sign MoU to promote cooperation on Small & Medium Enterprises

It provides for the joint conduct of programmes for women entrepreneurs to empower them and facilitate trade partnerships between women-owned small businesses of the two countries.Read more

MSME bodies ask RBI to extend threshold period for SMA-2 stressed loan accounts

MSME borrowers cannot utilise existing credit lines to pay dues when their accounts are classified under the SMA category, hindering their recovery efforts.Read more

MSMEs ask for Rs 50 billion export boost in Union Budget

The goal is to increase the number of active exporters and enable at least 300,000 to 400,000 first-time MSMEs to promote Indian products globally.Read more

DBS Bank India & RXIL announce partnership for pre-shipment financing solution

This offering will be particularly relevant for MSMEs and SMEs across India, enabling them to enhance cash flows to fulfil orders even before goods are delivered to buyers.Read more

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

SME to host webinar on how to make India a global manufacturing powerhouse

The virtual panel discussion, "Can India Build Global Manufacturing Capabilities?", will be held on June 21, 2024 from 3.30 to 5.00 pm and will present ways to enhance Indian manufacturers competitiveness for increasing the country's share in the global trade.Read more

SBI projects MSME loans as key growth driver for next 5 years

SBI aims to enhance credit accessibility for small businesses by expanding availability through partner customer service points and QR codes at outdoor touchpoints in the coming months.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

EMAG India shifts manufacturing landscape

In this interview with Rakesh Rao, Gujuraj Patil, MD, EMAG India, explores trends in the machine tool industry and new opportunities for EMAG.Read more

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