Goods and Service Tax (GST), a broad indirect taxation regime, is only a few hours away from its rollout, and Small and Medium Enterprises (SME) will be the ones most directly impacted by GST implementation. Its impact will be constructive as well as unfavourable in ways more than one. It will br…
Tag: Made in India
AI startup Innefu Labs raises $2 mn from IndiaNivesh Fund
Artificial intelligence startup Innefu Labs today said it has raised $2 million (over Rs 12 crore) in funding from IndiaNivesh Venture Capital Fund. The series A funding will see IndiaNivesh acquiring a minority stake in the company, Innefu Labs said in a statement. The transaction was facilitate…
Cisco eyes India as global export hub
New Delhi: Network equipment maker Cisco said it wants to make India a global export hub for its hardware products and is working with its global component making partners so that they too set up shop in the country to facilitate this plan. The $50-billion company, for whom India has been one of …
Only a ministry for pharma can save SMEs in this sector: IDMA President
While supporting the Union government for its programs like ‘Make in India’, and assuring that there will not be any compromise on quality aspects, the newly elected national president of the Indian Drugs Manufacturers’ Association (IDMA) said that nothing less than a Ministry for Pharmaceuticals…
Xenture Technologies expand global footprint
Xenture Technologies is pleased to announce the global expansion plan. Xenture technologies’ SaaS initiative is called Trabaajo-Smart recruitment. Trabaajo is a unique 4th generation job portal and mobile application. It has been five months; the Trabaajo has been launched and is going places. We…
Impact of Make in India on MSMEs, job creation & FDI inflows under review
The Centre is working on a ‘compliance report” of its flagship ‘Make in India’ (MII) initiative that attempts to transform India into a global design and manufacturing hub as well as generate large-scale employment. The objective of the exercise, among other things, is to find out whether the gov…
रेडीमेड गारमेंट में नहीं हो रहा ‘मेक इन इंडिया’, बांग्लादेश, चीन को मिला फायदा
प्रधानमंत्री नरेंद्र मोदी की मेक इन इंडिया कैंपेन का असर टेक्सटाइल सेक्टर में नहीं दिख रहा है। भारत के एक बड़े बाजार का चीन, बांग्लादेश और विएतनाम फायदा उठा रहे हैं। भारत में कारोबार कर रहे हैं बड़े विदेशी ब्रांड अपने स्टोर्स में ज्यादातर प्रोडक्ट मेड इन बांग्लादेश, मेड इन वियतनाम की सेल कर रहे […
Make in India eyes bigger role for MSMEs, but the sector sounds alert
At a time when the government’s Make-in-India initiative envisages a bigger role for MSMEs, a caution has been sounded: Contribution of manufacturing MSMEs in the GDP and total manufacturing output has decreased steadily in the recent past from 7.7% to 7% and from 42.2% to 37.3%, respectively, du…
LinkedIn launches new product to help small businesses in India
LinkedIn expects to take what it calls ‘Made in India, for India’ products to other markets in the world, the CEO of the professional social networking company said. “There’s a lot of learning from what we are going to do here that we think can be extended elsewhere beyond…
Research centres for development of handicraft market
Upcoming Hastkala Academy to undertake Research on Development of Handicrafts Government has initiated a proposal for establishment of a Hastkala Academy at New Delhi under which research work on development of handicrafts will be taken up. Steps for making Handicrafts competitive in the internat…