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Here are the Union Budget 2018 goodies for the MSMEs

According to the National Sample Survey’s (NSS) 73rd round, there were around 634 trillion unincorporated non-agriculture MSMEs (micro, small and medium enterprises) in India in 2015-16 providing employment to 111 million workers. Taking into account the significance of MSMEs sector to the country’s economic development, a list of measures to help MSMEs and job creation were announced by Finance Minister Arun Jaitley while presenting the last full budget of the current government.Read more

Paisalo launches app for easy loan disbursal to MSMEs

With a vision of empowering the MSME segment and small businesses, Paisalo Digital Limited has launched its app with the same name to accelerate and facilitate 100% digital loan disbursal, creating unique customer experience.Read more

SMEs are contributing to industrial robotics growth in India

...says Pradeep Shoran, AGM-Marketing, KUKA Robotics India Pvt Ltd, in this interview with IPF. He believes that robots will play an increasingly important role in new areas of production, processing and handling in the future for small and medium-sized enterprises (SMEs).Read more

Demystifying GST for SMEs

The Goods and Services Tax has been implemented to revive the Indian taxation system. The GST Act was passed in the Lok Sabha on 29th March, 2017, and came into effect from 1st July, 2017. Since law-making and implementing is a process of continuous learning and improvement, it does lead to uncertainties at times and the same is also true for GST. To clear this dust of confusion to some extent with respect to SMEs , IPF conducted a roundtable conference on 30th August at Delhi.Read more

Epicor partners with Redington to grow presence in India and support SMEs

Epicor Software Corporation, a global provider of industry specific software to promote business growth, announced the appointment of a country-wide distributor to accelerate business growth and meet demand for enterprise resource planning (ERP) solutions across India. The partnership will see Redington India, one of the country's largest technology distributors, selecting and training specialist resellers from its network of over 20,000 business partners to grow the Epicor customer base.Read more

Danfoss nextGen high power automation drives for Tami Nadu SMEs

Danfoss Industries Pvt. Ltd., an industry leader in climate and energy efficient solutions, showcased its nextGen high power automation drives – VLT Drive with enclosure size E and the VLT Midi Drive, in Chennai as a part of their ‘Engineering Tomorrow’s India’ initiatives.Read more

Honeywell looks at new business lines, SMEs for India expansion

Honeywell Automation India Limited (HAIL) is a leader in providing integrated automation and software solutions, including process solutions and building solutions. In conversation with Manish Pant, Ashish Gaikwad, Managing Director, HAIL says that the company is keenly eyeing new processes in India’s smart cities programme and railways for future expansion.Read more

PrintSmart by PrinStop, a smart printing solution for SMEs

PrintSmart offers an easy and all-in-one business printing solutions to all these problems faced by the SMEs. PrintSmart, an innovation from PrintStop, is the ideal solution for SMEs to print their office stationery online.Read more

Affordable E-commerce solution for Indian SMEs by CoreCommerce

CoreCommerce India is introducing a suite of e-commerce tools targeted at small and medium enterprises in the country. The company's e-commerce platform is a do-it-yourself store builder that uses cutting-edge technology to make online business easy, secure and fun to work with.Read more

How can SMEs be big and effective?

Ranabir Chakraborty analyses the impact of GST on SMEs in lead acid battery industry and provides probable strategies for their survival. The Indian lead acid battery market, which is around Rs 35,000 crores per year market now, can be divided in to three groups - big players, next level and small players.Read more

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