Of the estimated Rs 15,000 crore losses due to the recent devastating floods in Chennai, coastal Tamil Nadu and the neighboring Puducherry, MSMEs bore the maximum brunt of about Rs 1,700 crore, says a report. On a most conservative side, MSME sector has lost nearly Rs 1,700 crore to the calamity …
Tag: GDP
Mumbai to host ‘Make in India Week’ from Feb 13 | Will address issues pertaining to SMEs
Taking a cue from the biennial investor congregation — Vibrant Gujarat Summit — held every alternate year in Gujarat, the Center is organizing “Make in India Week” in Mumbai during February 13-18. The week-long event, being organised by the Department of Industrial Policy and Promotion (DIPP), Un…
SME Matters | Time to celebrate & enable small!
Size does matter! Size brings scale and scale generally brings growth and profitability. This economic maxim is not only time tested and trusted but universally lauded. There, however, are other well bred but grossly ignored truths that define the handsome strides made by the Indian economy in re…
Gems and jewellery SMEs to be upgraded | Rajasthan Govt
Rajasthan Government will tweak policies to facilitate the uplift and upgrade diamond, gems and jewellery industry, which are mostly in the SME sector and have huge potential for job creation. Indicating this, Rajasthan MSME principal secretary Rajeeva Swarup said the diamond, gems and jewellery …