Yes Bank has partnered with the Ministry of Food Processing Industries as the Sector Partner for the ongoing Make in India Week. At the inaugural session of the seminar on Food Processing Industries, YES BANK, MoFPI, Invest India and CII released a strategic report ‘Make in India: Opportunities i…
Tag: CII
Micro and Small industries are not big bank loan defaulters | RBI
An analysis of RBI data showed that agriculture, Micro and Small industries are not the major defaulters in bank loans resulting in mounting non-performing assets (NPAs) of commercial banks especially public sector banks. Reserve Bank Deputy Governor S SMundra told a CII banking summit that the m…
Capital Goods Policy to facilitate competitiveness | Anant Geete
Realising the strategic importance of Capital Goods and the pivotal role that it plays in overall manufacturing is central to the vision of “Make in India”, said Anant Geete, Heavy Industry & Public Enterprise, Minister while unveiling the “National Capital Goods Policy”, a first …
Auto Expo – The Component show from February 4 to 7
As part Auto Expo, Component show will be held in Pragati Maidan here from February 4-7. This will showcase several new auto components developed in the country. Auto component SMEs are one of the fastest growing within SMEs Spread over 80,000 sq mts in 18 halls, this year the expo will see parti…
Modi to unveil Action Plan for Start-up India on Jan 16
The government will kick-start the “Start-Up India, Stand-Up India” initiative with Prime Minister Narendra Modi unveiling the Start-up Action Plan on January 16. This will be a government’s New Year gift to “young people” who want to set up new businesses or innovative projects, highlighting th…
Small entrepreneurs need to innovate constantly to succeed | MSME Secretary Anup Pujari
Entrepreneurship and Innovation certainly have correlation and it is more so in small and medium enterprises. Every entrepreneur will have to be an innovator to be successful but the reverse is not true as an innovator need not be a good entrepreneur. The significance of this profound message is …
Start-ups have put India on the World map | CII Report
Start-ups have put India on the World map by making it the third–ranked global start-up ecosystem in 2015. However most of the start-ups as well as their backers and financiers are located in Delhi, Bangalore and Mumbai, A report on start-ups released at a CII Conclave said. The focus tends to be…
Chennai floods | MSMEs filing insurance claims
The Chennai floods not only claimed more than 300 hundred lives across the state but has also sunk the businesses worth thousands of crores of rupees in the city, as per the economists. Losses of the MSMEs located in industrial estates could be around 1,800 crore. Chennai is well known for its IT…