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Relaxations under ECLGS 1 will serve MSMEs well: FICCI
FICCI had requested that the quantum under ECLGS should be doubled to Rs 6 lakh croreRead more
CSIR-CMERI transfers Oxygen Enrichment tech to two more MSMEs
CSIR-CMERI in the last five years has transferred 125 different technologies to the MSMEs to empower the sector at large, and setup specialised manufacturing hubs to improve the technical capabilities of the national industry base and human resource profile.Read more
CSIR-CMERI transfers Oxygen Enrichment tech to four MSMEs
Oxygen enrichment technology will also be further transferred to other companies and even government PSUs. While MSEs have started supplying resources like compressors, analysers, manufacturing capacity etc.Read more
CRISIL: Lower oxygen supplies to impact SMEs in key five sectors
These 5 sectors - metal fabrication, automotive components, shipbreaking, paper, and engineering - typically do not have captive oxygen plants and source their need through merchant suppliers for operations such as welding, cutting, cleaning and chemical processes, says CRISILRead more
Government notifies Pre-packaged insolvency Amendment PPIRP for MSMEs
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on April 4, 2021 by the President Ram Nath Kovind.Read more
Vedanta’s ‘waste to wealth’ projects boost local MSMEs in Odisha & Chhattisgarh
The company supports over a hundred brick manufacturing MSMEs situated around and beyond its areas of operations with fly ash free of cost to their doorsteps, amounting to nearly 5 lakh metric tonnes per annum.Read more
Raghunandan Saraf: E-commerce is a gamechanger for Indian MSMEs
The e-commerce market in India is anticipated to reach $84 billion in 2021 owing to unprecedented and ever-growing internet users in India. Raghunandan Saraf, Founder & CEO, Saraf Furniture, believes that e-commerce is a catalyst for MSME sector growth.Read more
Nine major reforms to promote MSMEs in Defence
Government has aggressively strived to engage MSMEs and startups with indigenisation programmes with the Defence sector in the last 2 years. Read more
PLI scheme to benefit Indian MSMEs: PM Narendra Modi
Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more
Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEsâ€Â
The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more