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Automation, digitalisation and electrification must go hand in hand

….this is ABB’s vision, says Subrata Karmakar, President- Robotics and Discrete Automation, ABB India in this interview. The company follows a 5-step process of Enable, Integrate, Model, Analyse and Deliver leading to technology adoption, he added.Read more

Railway modernisation presents big opportunity for SMEs

During a virtual discussion forum on railways, organised by the FIRST Construction Council (FCC), an infrastructure think-tank, industry experts highlighted business opportunities for industry (especially for SMEs) in the developing rail infrastructure segmentRead more

India's SMEs: Navigating digitalisation and sustainability challenges

A study grounded in nationwide survey encompassing over 600 Small and Medium Enterprises (SMEs) across 14 cities sheds light on the evolving landscape of digital transformation and sustainability practices within these SMEs.Read more

FICCI’s report on SMEs in India shows increase in tech adoption

The Federation of Indian Chambers of Commerce and Industry released its report on Small and Medium Enterprises (SMEs) in India in New Delhi. The report highlights how SMEs are adapting to the digital transformation, adopting sustainability practices and challenges.Read more

Karnataka's MSMEs struggle amidst Power Supply woes

A consistent power supply is crucial for manufacturing, and power interruptions are expected to adversely impact the state's economy as a whole.Read more

Kerala govt unveils incentives for MSMEs under Mission 1,000 initiative

As part of this initiative, the government has given the green light to the industries department's proposal, which includes a range of incentives to bolster the growth of 1,000 MSME units in the state.Read more

Kerala govt launches Comprehensive Insurance Scheme to safeguard MSMEs

As of now, Kerala is home to more than three lakh MSMEs, with around 1,40,000 entities registered under the government's Year of Enterprises initiative.Read more

ISA partners with GeM to empower MSMEs in online steel procurement

In an official statement, ISA proudly declared the signing of a Memorandum of Understanding (MoU) with GeM, with the objective of seamlessly integrating all ISA members into the GeM platform, functioning both as sellers and buyers.Read more

KCCI urges fair treatment for MSMEs in NCLT resolutions

In a letter addressed to Union Finance Minister Nirmala Sitharaman on October 7, Chamber President Ananthesh V Prabhu expressed concerns about the bleak prospects for MSMEs in recovering their dues after engaging in business with LLCs that end up before tRead more

How ESG is catalysing India's SMEs for global competitiveness

A new mandate emphasising environmental, social, and governance (ESG) compliance has surfaced, demanding India's attention if it wishes to secure its place in the international marketplace.Read more

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