Indian E-tailing giant Flipkart will now showcase a range of khadi clothes, including thirty articles from the famous Swaraj Ashram in Kanpur, a premier Khadi Bhandar. The items showcased, khadi denim jeans, Modi kurtas, ladies wear and shawls among others, can now be viewed on the website/app an…
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Handlooms & Handicrafts to get big boost | Govt. to fund exhibitions & festivals
Government will organize regular exhibitions cum sale festivals in large cities to provide regular marketing facilities for promotion of handlooms and handicrafts. To begin with, three venues have been identified in Delhi, where exhibitions cum sale festivals shall be organized round the year, on…
Quality Council of India & FICCI to create ‘ZED’ Cell
Quality Council of India and FICCI have joined hands to set up ZED cell to implement Prime Minister Narendra Modi’s programme of Zero-Defect-Zero-Effect (ZED). The cell to operate at FICCI office here and a memorandum of understanding between QCI and FICCI was signed for this purpose. This endeav…
‘Make in Jharkhand’ | MSMEs to strengthen the rural belt
The first 15 years for a state with immense potential, given its rich mineral resources, have not been as speedy as expected, thanks to political instability and bureaucratic hurdles. Raghubar Das, Jharkhand’s 10th CM in 15 years, tells Kumar Akash & Bhaswar Kumar about the initiatives taken …
IRDAI trade credit insurance norms to benefit SMEs
Seeking to give a fillip to the MSME sector, insurance regulator IRDAI has proposed changes in guidelines on trade credit insurance. In an exposure draft on ‘Amendment to Guidelines on Trade Credit Insurance’, the sectoral regulator said changes in the economy, especially in Micro, Sm…
Bullet train project to create $51 billion MSME business
Mumbai-Ahmedabad bullet train project costing Rs 98,000-crore along with the diamond quadrilateral project that seeks to build 6,000 km of high-speed rail network can create a whopping $51 billion business opportunity for the MSME sector, as per the report. If the government makes 30 percent mand…
Indian SMEs are second to none; have to be recognized as brands | Anup Pujari | Secretary, MSME Ministry
‘State governments also need to enforce 20% procurement quota for SME sector’ The Indian small and medium enterprises are second to none but they have to sustain standards and be recognized as brands to reckon with, says MSME Secretary Anup Pujari in an exclusive sit down interview with SMEpost.…
Start-up India has Rs 930-crore legs to stand on
The government’s `Startup India, Stand Up India’ programme seems to be gaining some momentum, with the Small Industries Development Bank of India (Sidbi) clearing Rs 930 crore from the Rs 2,000-crore fund-of-funds it launched in August to support venture capital funds. Sidbi’s I…
Prione bets big on SMEs in Telangana
Prione, a joint venture between Catamaran Ventures and Amazon, on Tuesday said it had seen high demand for its services from Small and Medium Businesses (SMBs) in Telangana. The company, which enables SMBs to sell online, is betting big on the TS for growth. “Prione’s mission to make SMBs success…
NSE’s SME platform gains momentum
This has by far been the best year for the SME platform, started by the country’s two premier bourses about three years ago, to enable small and medium enterprises (SMEs) to list. The National Stock Exchange of India’s (NSE) moribund SME platform finally gained traction this year, wit…