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Budget 2022 announces additional credit of Rs 2 trn for MSMEs
Budget 2022 announces additional credit of Rs 2 trn for MSMEs Credit will be available through revamped Credit Guarantee Trust for Micro and Small Enterprises Scheme (CGTMSE). The government will roll out “Raising and Accelerating MSME Performance†(RAMP) programme with outlay of Rs 60 billionRead more
Igus sees opportunity coming from all segments in India
India is growing fast and with more and more industries adopting automation, the demand for moving parts is set to rise exponentially. With its core capabilities motion plastics, Igus will drive Indian industry across most segments and is slated for phenomenal growth. In this interview with Rakesh Rao, Santhosh Jacob, Country Manager and Director, Igus India, talks of his company's “Improve What Moves†maxim, emerging trends and future prospects.Read more
The vision for a new Indian supply chain
The vision for a new Indian supply chain Read more
Why MSMEs matter to transform India’s economy
MSME manufacturing firms have been imperative to the growth of the Indian economy. Read more
MSME Ministry launches SCLCS scheme for services sector for tech upgradation
The Special Credit Linked Capital Subsidy (SCLCS) scheme will help in meeting the technology related requirements of enterprises in the services sector and has a provision of 25% capital subsidy for procurement of plant & machinery and service equipment.Read more
Automation offers huge potential for SMEs
Securing supply chains has gained prominence due to Covid 19 pandemic; thus, increasing the need for scalable infrastructure and high-performance communication networks. Digitalization has certainly received an extra boost from the Covid pandemic, says Manoj Dunung, Managing Director, Weidmuller Electronics India Pvt Ltd. In this interview, Manoj Dunung explains how Weidmüller is helping manufacturing companies to prepare for the future with its pioneering solutions.Read more
Vivek Sharma: Data is the new currency
In this exclusive interview with Rakesh Rao, Vivek Sharma, MD-India, Lenovo ISG, explains the progression of manufacturing sector towards Industry 5.0 and how adoption of advanced analytics and AI solutions is augmenting faster decision-making.Read more
Two third of rated mid-sized companies fit for restructuring: Crisil
According to Crisil, two thirds of its rated mid-sized companies are eligible for restructuring under 2.0.Read more
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more
Majority Of MSMEs in Pune to recover within next six months: Study
According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more