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GeM portal touches annual procurement of Rs 1 lakh cr in 2021-22

Government e Marketplace (GeM) - a one-stop portal to facilitate online procurement of common use goods & services required by various Government bodies - has attained an annual procurement of Rs 1 lakh crore within FY 2021-22 - up by 160% compared to last FY.Read more

Union MSME Ministry recognises 3i EXPO for subsidy for exhibitors

With this, exhibitors will be eligible for 80% subsidy under Procurement and Marketing Support (PMS) Scheme of the Ministry for buying space at IPF's 3i EXPO.Read more

Govt to set up Rs 200-cr MSME Technology Centre in Sindhudurg

The MSME-Technology Centre will provide the best of technology, incubation as well as advisory support to the industry, especially MSMEs, to enhance their competitiveness Read more

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

Primeroll brings world-class bearings to Indian market

Indian end-user industries for bearings can look forward to some really top quality and world-renowned brands of an exhaustive range from the Primeroll stable. They have overcome the challenges during the pandemic by fortifying their supply chain through strategic planning. In this interview C R Chandalia, MD, Primeroll International Pvt Ltd is confident that their customers can now look forward to customised solutions and timely deliveries.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

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

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

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