Data show there are 800 start-ups recognised by government. Start-up sector in country is still in its nascent phase, which is already seeing cautious investors and a large number of them not maturing beyond an idea.
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News
Govt to link 4 common facility centers for SAMARTH manufacturing under Industry 4.0
SAMARTH Udyog i.e., Smart and Advanced Manufacturing and Rapid Transformation Hubs will demystify Industry 4.0 to boost global competitiveness of Indian manufacturers
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Assocham awards States with excellent potential in manufacturing
The awards were given to the states or union territories , which have shown excellence or potential in manufacturing, and also contributing in the nation building through employment generation, GSDP, industrial activity, and revenue.
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Bombay Shaving rakes in Rs 14 cr from a clutch of investors led by Fireside Ventures
Mumbai: Men’s consumer care product firm Bombay Shaving Company has raised Rs 14 crore from a clutch of investors led by Fireside Ventures to fuel its expansion plans. The funding round also saw participation from existing investors S Ramadorai, former CEO at TCS; Pankaj…
Industry honchos pitch for SMEs in manufacturing sector at Assocham conference
SMEs sector acts as the backbone of the national economic structure and plays a crucial role in the manufacturing growth in India.
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Manufacturing sector is the base of economic growth: Home Affairs MoS Kiren Rijiju
MoS urges stakeholders and private players to suggest solutions to help SME sector receive the support it deserves for its contribution in developing rural India
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Data protection start-up Druva raises $80 m from Riverwood Capital, existing investors
Bengaluru: Druva, among the world’s biggest data protection startups, has secured $80 million (about Rs 513 crore) in funding led by US-based Riverwood Capital, bulking up capital as enterprises face frequent threats from increasingly sophisticated cyber attacks. The company’…
Manufacturers’ body writes to Fin Min as GST remains a worry
The Micro, Small and Medium Enterprises (MSME) sector is yet to solve the issues related to the Goods and Services Tax (GST) even after 50 days since it was implemented, All India Manufacturers’ Organisation (Aimo) said. The sector faced problems on basic issues like filling GSTR-3 B …
Make in India 2015: Pune tops district chart in terms of realisation of MoUs signed with state govt
Of the nearly 800 companies that had promised to set up new units in the city two years ago, 284 have already begun production while another 175 have finished construction, making Pune the lead district in terms of realisation of Memoranda of Understanding (MoUs) signed with the state government …
This Diwali bring Khadi gifts to your loved ones: PM tells India Inc
New Delhi: Prime Minister Narendra Modi has exhorted corporates to gift khadi coupons during Diwali as it would greatly help the poor. This gesture on the part of corporates, Modi said, will create an atmosphere that will encourage people to take care of the poor. Th…