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SME Round up: January 2020
During January 2020, there was a broad-based decline across all 4 indices, according to CARE Ratings' Monthly SME Roundup report.Read more
India should be ready to scale up footwear production to tap exports: Adesh Gupta
In this interview, Adesh Gupta, CEO of Liberty Shoes, highlights challenges before footwear industry and explores new opportunities before India due to Covid 19 effectRead more
Liquidity risk would also need urgent attention: McKinsey
Covid-19 has triggered a deep economic crisis globally. The global economic impact could be broader than any that we have seen since the Great Depression, observes McKinsey & Company in a report.Read more
What could be right recovery strategies for SMEs?
SMEs have been severely impacted by Covid 19 pandemic. IPF webinar elaborates on relief measures that they can avail and also suggests long term growth plans.Read more
Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn
MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more
MSME technology centres help govt in fight against Covid 19
While CFTI Chennai has escalated the production of masks and medical gowns, MSME Technology Centre, Hyderabad, is developing a prototype of ventilator.Read more
A COVID19 Relief Package for SMEs
Fiscal stimulus through Direct Benefit Transfer is surely the way to help the economically weaker sections but what about the 7,00,000 tax paying SMEs? Read more
Coronavirus: A silver lining for India’s exports?
India’s exports witnessed a nominal year on year decline of 1.66 per cent to $ 25.97 billion in January 2020 due to global and domestic factors.Read more
Chemcrux Enterprises Limited
Chemcrux Enterprises Ltd (CEL) is an emerging leader in specialty chemicals manufacturing sector in MSME segment.Read more
[Budget 2020] Budget aims to give boost to MSME sector with number of proposals
MSMEs turnover threshold for audit increased 5 times to Rs 5 crore, proposes Rs 1000 crore for MSME funds, increase customs duties on labour-intensive products like footwear, furniture, etcRead more