Union Minister of State for Micro Small and Medium Enterprises (MSME), Giriraj Singh, has urged the Central Tool Room and Training Centre (CTTC), Bhubaneswar, to increase the intake of school dropouts and improve their chances of employability. “Every year around 93% children take admission…
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When will Indian start-ups play for high stakes like Chinese?
The Indian start-up ecosystem has long had a close relationship with Silicon Valley. But now, as Chinese firms make big investments in India and Chinese venture funds become more aggressive here, there’s a growing feeling that we can learn as much, or more, from China, as from the US. At th…
Low-cost desalination system for small textile dyeing units
Researchers at the Massachusetts Institute of Technology (MIT) are working on developing a cost-effective modular desalination system to help small textile dyeing mills in India to comply with zero liquid discharge regulations. Zero liquid discharge provides for cleaning up potentially contaminat…
IIT Kharagpur & Ministry of Heavy Industries join hands to boost Make in India
West Bengal: In a move to step-up the Make in India initiative, the Department of Heavy Industries has partnered with IIT-Kharagpur to set up a proposed centre of excellence on advanced manufacturing, a Union Minister said. The centre of excellence would undertake extensive research in the area o…
Knitwear manufacturers look beyond tax structure in GST
Knitwear manufacturers here are not ‘much’ concerned about the ‘mere rate structures’ of Goods and Services Tax (GST) but eagerly been looking at the macro approach that would be adopted for fixing various raw materials in the production chain into different slab categories. According to the cons…
OIL Start-Up fund of Rs 50 cr to encourage “out of the box” start-up ideas
Oil India (OIL) has set up an OIL Start-Up fund of Rs 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast. The oil exploration major’s Chairman-cum-Managing Director Utpal Bora said in a press conference that the init…
SMEs find opportunity to migrate to cloud environment at no upfront cost
The bottom of the pyramid for Business-to-Business (B2B) companies are the Small and Medium Enterprises (SMEs) and their technology requirements are certainly very different from any large entity. Catering to their needs can be a very tricky challenge as the business volume is certainly high but …
Global investors looking East to fund growing start-up ecosystem
Asia appears to be the new hotbed of activity for the start-up sector with successful investors, executives and entrepreneurs right from Russia to Israel eager to identify and support seed and early-stage businesses in the region. The immediate aim of these firms is the multi-billion dollar oppor…
India-UK trade agreement to spur trade at $20 bn by 2020: PHD Chamber
Prospective bilateral agreement and growth avenues would push trade between India and UK to USD 20 billion by 2020 from the current level of at around USD 14.3 billion in 2015-16, said Dr. Mahesh Gupta, President, PHD Chamber of Commerce and Industry in a press statement issued. India and UK are …
e-Commerce platform MakeMyStore to help entrepreneurs sell online
Friscon India Pvt Ltd launches platform MakeMyStore has launched a powerful online platform designed to help entrepreneurs set up their personalized e-Commerce stores. Start-up online retails and entrepreneurs can sign-up with this online platform, design their website, manage their business and…










