Speaking about the investment opportunities in the government healthcare sector in Uttar Pradesh, Arvind Kumar, Principal Secretary, Medical, Health & Family Welfare Department, Government of Uttar Pradesh, said that NRIs could invest in Public-Private Partnership (PPP) projects in the state,…
SBI to set up special branch for start-ups in Bengaluru
The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The country’s largest bank will soon set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups. The bank has zeroed in on Bengaluru, the so-called Silicon Valley of India, for set…
Dastkari Haat collaborates Indo-Burmese craftsmenship
A melange of colorful traditional Pathein umbrellas, puppets, velvet slippers, lacquer work and jade items from Myanmar are among major attractions at the ongoing Dastkari Haat Craft bazaar at Dilli Haat here. For the 30th edition of the annual festival which commenced on January 1, Dastkari Haat…
Integrated textile park soon at Beed, Maharashtra
The Maharashtra Government plans to set up its second integrated textile park at Beed. Chief Minister Devendra Fadnavis said, on Sunday the government will make special efforts to increase the usage of indigenous seeds in the state. The Chief Minister said, that although the state produces 31 per…
SMEs play a major role in Gujarat’s export sector | DIPP Secy
Gujarat contributes 22% export, 8% national GDP, 10% work force nationally. Gujarat is driver of India’s manufacturing and exports and therefore Gujarat must be key driver and it is very essential. A substantial portion of exports from Gujarat are from SMEs. “If India has to grow at 9.4% growth r…
Proposal to help flood-hit MSMEs | MSME Minister Kalraj Mishra
Offering financial assistance to MSMEs affected by floods in Chennai is under the Ministry’s active consideration. MSME Minister Kalraj Mishra said. “I have forwarded the proposal to Finance Minister Arun Jaitley and he has assured all help,” said Mishra told reporters in Coimbatore Replying to a…
Food processing sector comprising SMEs contributing towards growth
Food processing sector largely comprising units under SMEs has emerged as an important segment of the Indian economy in terms of its contribution to GDP, employment and investment. Food Processing Industries Minister Harsimrat Kaur Badal has said. It constitutes 9-10% of the GDP in manufacturing …
Commerce Ministry keen on creating fund to boost falling exports
The commerce department wants to create a fund aimed at boosting India’s shrinking exports, proposing a financing mechanism that would discourage exports of raw material and help local value addition. (MSMEs account for nearly 45 per cent of India’s exports). The Ministry of Commerce & …
Diversification can help MSMEs boost competitive advantage | CRISIL Study
Micro, Small and Medium Enterprises (MSMEs) can improve their revenues and boost their competitive advantage by diversifying across products, customers and geographies, according to a CRISIL study. The study found that average sales of MSMEs with a diversified product/service, customer and geogra…
Odisha Govt. to come up with a new Entrepreneurship Policy in Feb 2016
The Odisha Government would soon come up with a new Entrepreneurship Development Policy in February with an aim to help out the entrepreneurs in the State. The Micro, Small and Medium Enterprise (MSME) Department is in process of finalizing the policy, Industry sources said. Chief Secretary Adity…