Bhubaneswar: Minister for Micro, Small and Medium Enterprises (MSMEs) Prafulla Samal on May 27 urged aspiring entrepreneurs and non-resident Odias, who have earned big name by setting up their operation in other cities and abroad, to set up their ventures in the State. Speaking at a conference or…
Tag: FICCI
Digitally engaged SMBs grow twice in comparison to offline: Google-KPMG study
Chandigarh: To empower small and medium businesses, Google India showcased a range of programs and products for the SMBs through which they can leverage the power of internet and technology to become successful. At an event held in the city on May 25, Google announced the North region winners of …
Local defence manufacturing gets a boost, Cabinet approves strategic partnership model
New Delhi: The Union Cabinet has approved the much-awaited strategic partnership model which will allow local private sector companies to form manufacturing joint ventures with foreign defence equipment makers—a shot in the arm for the government’s ‘Make in India’ programme as well as efforts by …
To push manufacturing growth, domestic procurement is a legitimate tool: A Didar Singh
At last, India intends to adopt a national policy to give preference to domestic goods in public procurement. Last week, it was reported that there have been meetings in this regard at the PMO level. There are several estimates for the market size of government procurement, but an important aspec…
Merchandise Exports from India Scheme being re-designed to make exports GST-compliant
The Merchandise Exports from India Scheme (MEIS) is being re-designed to make exports from India GST-compliant and the issue of working capital requirements under the new tax regime is being deliberated upon by the government, said Neeraj Prasad, Additional Commissioner, GST Cell, Central Board o…
FICCI’s Economic Outlook Survey projects GDP growth of 7.4% for 2017-18
The latest round of FICCI’s Economic Outlook Survey, conducted during March & April 2017, puts forth a median GDP growth forecast of 7.4 per cent for the fiscal year 2017-18, with a minimum and maximum level of 7.0 per cent and 7.6 per cent respectively. While agricultural sector is estimated…
‘Challenges & Opportunities in Indian SMBs’
When Vignesh Rajamanickam returned from recession hit UK, he brought back a home utility product for his mother. It wasn’t until the “clothes drying stand” received the adoration that it did in the small town of Coimbatore, did Rajamanickam realise that there was a market for this in India. Seven…
फिक्की-पीडब्ल्यूसी रणनीति एवं सर्वेः भारत का मैन्युफैक्चरिंग बैरोमीटर आशावाद के माहौल को दर्शाता है!
नई दिल्ली, 25 अप्रैल, 2017: पिछले वर्षों की तरह इस साल भी भारत अर्थव्यवस्था का चमकीला बिंदु बना हुआ है, कई साहसी लेकिन अवरोधक सुधारों के बावजूद। चौथे फिक्की-पीडब्ल्यूसी स्ट्रेटजी एंड इंडिया मैन्युफैक्चरिंग बैरोमीटर (आइएमबी) सर्वे से यह खुलासा हुआ है। संयुक्त राष्ट्र के अनुसार साल 2016 में विश्व अ…
Partnerships fasttrack your start-up, don’t be afraid to link up across community
With the Indian government acknowledging the huge potential of the flourishing Indian startup sector and corporates waking up to their unique capabilities, the startup ecosystem is moving towards the adequate support required to foster growth of startups, as we have witnessed in other successful …
Ministry to seek Cabinet nod for National Steel Policy soon
The steel ministry will soon move the Cabinet to finalise the new national steel policy that seeks to more than double the capacity to 300 million tonnes by 2030. The ministry also expects steel demand to continue to grow this year given the stress on the infrastructure sector, Minister Chaudhary…