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Budget aims to integrate India with global supply chains, boost manufacturing

Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more

Budget launches National Manufacturing Mission, revises MSMEs classifications

To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more

Budget 2025 aims to boost economy by propping up consumption, rejigs duties

FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more

Economic Survey 24-25 calls for deregulation and stronger support for MSMEs

The Survey outlines a three-step process for states to systematically review regulations based on cost-effectiveness. Read more

GOI to launch credit guarantee scheme for MSMEs covering loans upto Rs 1 billion

The government is also focusing on promoting rural entrepreneurship, with an emphasis on enhancing quality, building export linkages, capacity development, and achieving the vision of ‘Viksit Bharat’. Read more

MSMEs in 2024: Key policy announcements that shaped the sector

Companies with turnover above Rs 2.5 billion and all central public sector enterprises (CPSEs) were required to join the TReDS platform by March 2025 to enhance payment cycles.Read more

How MSMEs will play a key role in the development of Indian manufacturing sector

Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.Read more

Protectionist measures on steel imports will hurt MSMEs: EEPC

This warning comes as large Indian steel manufacturers have urged the government to double tariffs on steel imports to 15% in a bid to shield domestic steel production from increasing imports, particularly from China.Read more

MSMEs encouraged to utilise NSIC raw material schemes

The NSIC is also exploring collaborations with the Commodity Exchange to enhance benefits for MSMEs and is sourcing tools from MSMEs for the PM Vishwakarma scheme kits distributed to artisans.Read more

New safety regulations for machinery to impact MSMEs; GTRI

The regulations will impact around 90% of the estimated 150,000 manufacturers, affecting over 50,000 types of machinery, including critical industrial equipment such as pumps, compressors, cranes, and transformers.Read more

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