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MSMES IN INDIA
Forget PLI schemes, India's manufacturing sector needs a Puja-Linked Incentive for VishwakarmaIndia's industrial policies overlook Vishwakarma, the divine architect and craftsman. He offers capital, productivity, and supply chains wi...
CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flowThe CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just thre...
Bridging India's skills gap: National Apprenticeship Promotion Scheme faces low corporate participationIndia's National Apprenticeship Promotion Scheme faces low corporate participation. Many young graduates lack practical work experience, cr...
Karnataka to build end-to-end electronics hub: Minister MB PatilThe state already has more than 20,000 chip designers and over 10,000 analogue engineers, while more than 100 companies are engaged in chip...
Small exporters get compliance relief as govt removes RCMC requirement for shipments up to Rs 3 lakhThe government has removed the requirement of Registration-cum-Membership Certificate (RCMC) or Certificate of Registration for export cons...
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...
From local strength to global supply chains: The challenges before Tamil Nadu MSMEsDespite the benefits of a cluster-based industrial ecosystem, MSMEs in Tamil Nadu continue to face challenges such as limited awareness of ...
Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman JunejaIndia's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these fu...
Defence sector cornerstone of 2047 vision of self-reliant, strategically secure India: Rajnath SinghAddressing the future of warfare, Defence Minister Rajnath Singh underscored the necessity of achieving technological supremacy. He stated ...
ET Business Growth Summit, Jaipur: Entrepreneurs highlight new growth opportunitiesThe ET Business Growth Summit, Jaipur, concluded on a strong note, with industry leaders emphasising greater collaboration among businesses...
New Delhi summit boosts India-EAEU FTA negotiationsIndia and the Eurasian Economic Union are advancing free trade agreement talks. Negotiations picked up momentum last week and will continue...
Beyond bloc politics: India’s BRICS bet on multipolarityUnder India's BRICS chairmanship, the importance of practical cooperation is underscored with an aim to launch impactful development initia...
The art of disciplined engineering: Jacob Jose on systems, scale, and the power of purpose-led innovationMarking National Engineers’ Day, Methods India’s Jacob Jose unpacks Indo-Japanese synergies, heavy engineering breakthroughs, and why the u...
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
MoS Shobha Karandlaje opens Bengaluru MSME technology centre to train 10,000 annuallyIn Bengaluru, a new Technology Centre has been launched with the goal of training 10,000 individuals each year. This facility is dedicated ...
India pushes for more MSME suppliers in global aerospace market: Civil Aviation Minister NaiduIndia's aviation sector offers immense opportunities for MSMEs and global integration. Indian airlines have placed orders for over 1,600 ai...
Piyush Goyal to meet Russian ministers to advance EAEU trade deal talksIndia's minister will meet Russian and EAEU counterparts to advance trade deal talks. Negotiations for a trade pact with the Eurasian Econo...
Karnataka identifies land for space manufacturing cluster near BengaluruThe proposed space park will support space technology manufacturing, assembly, integration, testing, research and innovation, and bring tog...
India’s GDP can hit double-digit growth if MSMEs grow by 10%: Rajiv Talreja, Founder, Quantum LeapThe collaboration seeks to redefine how Indian MSME leaders leverage business PCs, empowering them to overcome technological bottlenecks to...
Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to SidbiIndia secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...