Industrialists from Punjab looking to become registered suppliers of public sector undertakings (PSU), including organizations from defence, railways, and fertilizer sectors have a golden opportunity in their hands. Micro, Small, and Medium Enterprises Development Institute (MSME-DI), Ludhiana, w…
Defence start-up to showcase drones at Make in India week
Z Axis Unmanned Machines Pvt Ltd, India’s first start-up catering to the defence, security and allied sectors, will showcase four categories of unmanned aerial vehicles (UAVs, or drones) at the Make in India Week to be held in Mumbai from February 13 to 18. Founded in 2015, Z Axis is the only sta…
Net Neutrality: TRAI order gives start-ups premium relief
The Telecom Regulatory Authority of India (TRAI)’s ruling on differential pricing has come as a relief for start-ups, especially the smaller ones. Many had feared paying a premium to stay relevant if the regulator had not put to rest the controversy of differential pricing by imposing a heavy pen…
We caught on to the psychology of customers and offered lifestyle products | Vikram Somany, CMD, CERA
It has been about making the right moves at the right time for Ahmedabad-based Cera Sanitaryware. The Star SME award winner’s strategy to adapt to the latest industry trends appears to be working well. Seven years ago, Cera realised that it needed to graduate from being just a sanitaryware …
SMEs should enhance efficiency and profitability by leveraging technology | Rajasthan CM Vasundhara Raje
In a meeting with representatives of industries in the state, Rajasthan Chief Minister Vasundhara Raje Scindia called for change in the mind-sets of entrepreneurs to increase their profits and also add to the government’s revenue. She asked SMEs to increase efficiency and profit by using latest t…
Chhattisgarh Udyam Aakansha scheme for SMEs
Chhattisgarh government has launched ‘Udyam Aakansha’ Scheme for promoting Micro, Small and Medium Enterprises in the state. “The scheme would facilitate free online registration and self-certification to the investors interested in investment on micro, small and medium enterpri…
Scope for Indian companies to invest in Africa: Agriculture Minister Radha Mohan Singh
Two-day ‘India-Africa Agribusiness Forum’ gets under way Radha Mohan Singh, Minister for Agriculture, Government of India, suggested here today that Indian companies desirous of investing in Africa could join hands with African companies for the production of pulses and vegetable oils, the supply…
Global auto-component companies eye India
The growing Indian automobile market drew lot of attention from global auto components manufacturers who are waiting to invest in the country. At the just concluded Auto Expo-Component Show in the capital several global companies were exploring opportunities to invest in India. At least 600 inter…
Panel seeks MSMEs to focus on innovation for ‘Make in India’
The Micro, Small and Medium Enterprises (MSMEs) in Chhattisgarh would be focusing on innovative startups to translate the ‘Make in India’ theme into action. A group of high-powered panelists stressed for coming out with innovative ideas for business at the Business Baatein event organised by Busi…
Ratan Tata invests in cancer therapeutic startup invictus oncology
Tata Sons’ chairman emeritus Ratan Tata has invested an undisclosed amount in next generation cancer therapeutic startup Invictus Oncology, the New Delhi-based company announced on February 8. The investment in Invictus Oncology is Tata’s fifth in 2016, and follows the Tata Sons patri…