The local Micro, Small and Medium Enterprises (MSMEs) of Pithampur have welcomed the Cabinet’s decision to allot land to the auto and related ancillary industries. The land comprises about 461.607 hectares private acquired land and 16.70 hectares of Government land, valued at Rs.740 crore. …
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Buyers from 31 countries to attend Kerala B2B Meet 2016
Delegates from 31 countries, including the United States, China and Singapore, will take part in the Kerala Business-to-Business Meet 2016 to be held at the CIAL Trade Fair & Exhibition Center in Nedumbassery from February 4 to 6. “Around 100 buyers from foreign countries and nearly 350 buyer…
Focus is on improving ease of doing business for MSMEs | MSME Minister Kalraj Mishra
“The focus of the government is on Ease of Doing Business so that entrepreneurs, particularly in the MSME sector, are freed from all complications so that they are facilitated in their efforts to increase exports.” The government on January 28, said it is focusing on improving ease of…
New MSME initiatives in the offing in Budget 2016 | MSME Secretary Anup Pujari
The General Budget in February end is likely to tweak Prime Minister Employment Generation Programme for more job creation in MSMEs, provide more access to formal finance to the sector and step up cluster development. The MSME Secretary Anup Pujari told SMEpost.com this will be in addition to e…
Israel to part-take in Make in India
Israel, known for its frugal technologies, has evinced interest in participating in ‘Make in India’ initiative, particularly in the defence production where SMEs account for 80 per cent of design and development. At a ‘Make in India’ Summit, Israeli Ambassador, Daniel Carmon, said Israel can also…
Punjab SMEs awaits better infrastructure facility
Despite being a big industrial hub, the infrastructure for Micro, Small and Medium Enterprises (MSMEs) in Punjab is yet to be improved, complained the local entrepreneurs. The MSMEs in Ludhiana cried that even though the government is charging them high Change of Land Use (CLU) and External Devel…
Mahindra Insurance to focus on SMEs, reinsurance
Mahindra Insurance Brokers (MIBL), an insurance broking company from the M&M group, said it will focus on SME and reinsurance businesses in a big way. The company will launch its online platform in two months. It is open to raise funds from PEs for technology and products, Managing Director J…
PEs,VCs invest Rs 843 crore in Bengal start-ups
Over Rs 843 crore have been invested by private equity firms, angel funds, start-ups, venture capitalists and others after Mamta Banerjee’s government came to power in West Bengal, said the state Finance and Industry Minister Dr Amit Mitra at an ASSOCHAM-IACC event held in Kolkata. “We have cross…
Mohit Kamboj re-elected as National President of India Bullion & Jewellers Association
Mohit Kamboj has been re-elected unopposed as the National President of India Bullion and Jewellers Association (IBJA) in a meeting of Governing Board held in Mumbai for the five year term ending in 2021. India Bullion and Jewellers Association had dissolved its board in the last week of December…
ACMA looks forward to a growth oriented Budget
The Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry has stressed on the need for an early implementation of GST in its recommendations to the Government for the forthcoming Union Budget for the year 2016-17. The auto component sector is …