News

Rubber MSMEs voice concern on supply crunch, volatility in price

Rubber products manufacturing units in the Micro Small and Medium Enterprises (MSME) sector have expressed concern at sharp volatility in NR prices and its acute deficit in the domestic market. Quoting Rubber Board data , All India Rubber Industries Association (AIRIA) has stated that domestic na…

MSMEs seek access to patented tech through licensing of SEP on FRAND terms

The Federation of Indian Micro and Small & Medium Enterprises (FISME), has told the Department of Industrial Promotion and Production (DIPP)  that to realize Make in India, the setting-up of uniform standards, sustainability and access to patented technology are vital for technological advanc…

Digital India fillip for IT MSMEs

Micro, Small and Medium Enterprises (MSMEs) offering Information Technology (IT) and IT enabled services (ITeS) stand to gain significantly from Digital India, the government’s flagship programme for transforming the country into a digitally empowered society and knowledge economy. An analysis of…

India handloom brand bets on ecommerce to raise market positioning

India Handloom Brand is drawing up new strategies that include retail and e-Commerce, in a bid to raise the market positioning of handloom. There are four stores of the Central Cottage Industries Corporation of India at Delhi, Bengaluru, Mumbai and Chennai that stock India Handloom Brand Products…

Single MEIS Application for all EDI ports soon

In line with the objective to enhance the ease of doing business, Integrated declaration under the Customs single window has been implemented under which exporters would not be required to take permission from other agencies. This was stated by Najib Shah, Chairman, Central Board of Excise & …

Gujarat Chief Minister to inaugurate MSME expo

The Gujarat Chamber of Commerce and Industry (GCCI) will organize ‘GCCI Summit and Expo’ dedicated to the micro, small and medium enterprises (MSME) with an aim to boost their business during the current global recession on April 29 and 30 at Mahatma Mandir. The event will be inaugura…

Malaysian SMEs eye halal market in India

After China, Malaysian Small and Medium-scale Entrepreneurs (SMEs) will be setting their sights on the halal market in India. Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong said the initiative would see the SMEs engaging with those businesses there. “We are in the midst of…