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SMEs offer big potential for Lantek

The digital revolution or Industry 4.0 is the next big think for the manufacturing industry. Lantek, a global IT major and a pioneer in the digital transformation of the sheet metal and fabrication industrial sector, is helping companies build smart factories. Read more

ELECRAMA will connect MSMEs to global value chains

With the installed power generating capacity of 365,048 MW as of October 2019, India has emerged as the world’s third-largest electricity producer & consumer.Read more

Govt approves changes in interest subvention scheme for MSMEs to give fillip to the sector

Post changes, MSME units eligible for GST can now avail the benefits of the scheme with just their GST number (GSTN)Read more

How to create smarter SMEs in manufacturing sector?

Smaller manufacturers can significantly benefit from automation. The need of the hour is to create and communicate frugal automation solutions to these enterprises in order to serve the “Bottom of the Pyramid”, says Vikas Manral.Read more

“SMEs are contributing in making Indian economy strong”

Vibratory equipment, used by many industries for solids handling applications, are designed to operate under heavy loads/impacts.Read more

Atlas Copco unveils energy-efficient air compressors for SMEs

Four of these five newly launched air compressors are developed in India. These new range is aimed at saving energy and is designed for applications in the food processing sector.Read more

ECI Software to acquire Trivest Beheer

Trivest Beheer is a provider of smart vertical software solutions to the SME (small & medium enterprises) manufacturing sectorRead more

Why SMEs should start work on E-Invoices?

Vinod Subramanian delves into the framework of e-Invoices and sheds light over adoption of similar reforms globally. Here are his few observations:Read more

Budget is a mixture of incremental and path breaking steps: IEEMA

With plans to give further impetus to infrastructure sector, the budget 2019-20 is expected to give a boost to the electrical equipment industryRead more

Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs

To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etcRead more

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