The Quality Council of India plans to cover 26,000 Micro, Small and Medium Enterprises in the next two years under Zero Defect Zero Effect (ZED) model of which 6,000 would be from defence sector, a senior official said today. “For two years, we have a target of 26,000 MSMEs out of which 6,0…
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Too much safety to steel units killing SME users, engineering exporters | EEPC India
EEPC India, the apex organisation of engineering exporters who are also major users of steel, has described the extension of safeguard duty on steel as an anti-SME move that will further dent the country’s exports, already down in the dumps. ” We feel this is a completely discriminat…
Dedicated portal to make registration of startups easy
Startups will now be able to get themselves registered online in a day to avail of all the incentives through a dedicated portal and a mobile application for the same will be launched this week. The Department of Industrial Policy and Promotion (DIPP) has developed the portal to provide all infor…
Andhra Pradesh CM pays visit to PEMANDU labs
Andhra Pradesh Chief Minister N. Chandrababu Naidu on March 30 visited the Mid-Lab syndication work at MHRD as part of Vision 2029. He visited the education and retail labs and reviewed the lab work. Later, the Chief Minister interacted with the lab participants and stakeholders from retail and e…
Coir exports set to exceed last year’s Rs. 1,630 crore
The recessionary trends in the overseas markets seem to have not deterred coir exports from the country, as the sector continues to register a better performance in the last few consecutive years. The coir sector has fetched an export revenue of Rs. 1,630 crore in the last fiscal against Rs. 1,47…
23 SMEs file IPO papers in Jan-Mar quarter to mop up Rs 200 crore
To tap the upbeat investor sentiments, as many as 23 Small and Medium Enterprises (SMEs) have filed draft papers in the first quarter ending March 31, to raise over Rs 200 crore through their initial public offerings. The shares will be listed on the SME platforms of the BSE and National Stock Ex…
Four SME IPOs to hit capital markets
Riding on the upbeat market sentiment, four companies will come out with initial public offerings (IPOs) to raise about Rs 26 crore and get listed on the BSE exchange’s small and medium enterprises platform. Ruby Cables, Franklin Leasing and Finance launched their initial share-sale programmes on…
Amazon launches ‘Tatkal’ service in Chennai for SMEs
Amazon India has launched Amazon Tatkal, which enables small and medium enterprise (SME) owners to get on board and sell their products on Amazon.in. Amazon Tatkal is a mobile van that offers services like registration, imaging, cataloguing and basic seller training videos. Interested sellers can…
MSME Ministry’s two-day job fair in Deoria a big success
Bridging the gap between skilled workforce and employers is a critical step in enhancing employment opportunities for youth. In a pioneering move, Ministry of MSME organised a job fair in Deoria on March 26-27, 2016. The fair was a big success and it provided jobs to 1069 people, hired by differe…
There’s room for small entrepreneurs to get interest-free credit | MUDRA Chief
If micro-enterprise owners such as vegetable/fruit vendors and small food stall owners play their cards right, it may be possible for them to get interest-free credit from banks under the Pradhan Mantri Mudra Yojana. Once more ATMs with cash-deposit facility and standalone cash-deposit machines a…