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TECHNOLOGICAL UPGRADES FOR MSMES
AI, semiconductors, quantum to drive India's next infrastructure push: FM SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, and quantum technology. She state...
India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
From MSMEs to traditional industries, Rajasthan’s enterprises seek stronger ecosystem to scaleStakeholders say the state must strengthen the institutional ecosystem that supports industry.
Auto component suppliers sit on Rs 98,000 cr inventory, says reportIndian auto component firms hold significant inventory, potentially releasing billions through better management. Many MSMEs need to invest...
Government urges industry to spearhead ₹60,000 cr PM-SETU plan for energy transformationThe government is urging industry leaders to drive a major overhaul of national vocational training. The PM-SETU initiative, backed by a si...
India-Japan trade could scale to USD 50 bn by 2030 as exports diversify: ASSOCHAMIndia-Japan bilateral trade has the potential to rise to USD 50 billion by 2030 from USD 27.47 billion in 2025-26, with greater export dive...
FTAs must drive manufacturing, GVC integration and high-tech investmentA new committee will monitor India's free trade agreements and export barriers. It must also address import efficiency for competitive glob...
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
Punjab & Sind Bank eyes Rs 4 lakh cr business by FY29: Lender bets big on technology transformationPunjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...
Centre aims to turn ITADCs into one-stop textile hubsAt a review meeting chaired by textiles minister Giriraj Singh, the ministry assessed the progress of key initiatives aimed at strengthenin...
World MSME Day: Global trade risks weigh on MSMEs; industry seeks competitiveness-focused reformsIndian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopolitical shifts and supply chain disr...
Budget 2024: More focus on schemes such as RAMP, TUF can boost MSMEsThe MSME sector expects the government to expand the major financial and technical support schemes to encourage innovation and expansion.
Gadkari launches CII TechSaksham to support MSMEs' technology adoptionThe initiative brings together an intersection of technology providers to enable the next wave of growth for MSMEs.
MSMEs’ GST refund dues to be settled in a monthThe government said it will implement some of the key recommendations of the UK Sinha panel relating to the ease of credit, marketing and t...
MSME Schemes: Modernizing your business through Credit Linked Capital Subsidy Scheme for Technology UpgradationEquipping the business with cutting-edge technology is essential to ensure you stay competitive in today’s industrial environment.
MSMEs key component of India's $5-trillion economy quest: Arun Kumar Panda, MSME SecretaryIf we are serious about reaching $5 trillion economy, MSMEs have to play a much bigger role in employment generation, exports, skilling peo...
Micro, Small and Medium Enterprises ministry urged to promote use of renewable energyThe letter outlined specific areas where various government programs can be integrated with renewable energy programmes including TEQUP.
Government setting up Technology centres to support Micro, Small and Medium EnterprisesGovernment has launched Technology Centre Systems Programme by establishing 15 new Technology Centres and upgrading existing one
- Govt to reopen technology upgrade scheme for MSMEs
The government will reopen the Credit Linked Capital Subsidy (CLCS) scheme this year after remaining closed for review last year.