A young country with 70% of its population below the age of 30 years, brewing with the spirit of entrepreneurship and a desire to tread the line of ‘Start up India, Stand Up India’ – that’s the new ‘Incredible India’. Juxtapose this with some of the comparative advantages that we enjoy like abund…
Tag: Make In India
Kalraj Mishra releases Make-in-India issue of LaghuUdyogSamachar
The Make-in-India issue of Laghu Udyog Samachar was released on January 29 by the Union Minister of Micro, Small and Medium Enterprises (MSME) Kalraj Mishra during the National Level Meeting of MSME officials. Additional Secretary & Development Commissioner (MSME), Surendra Nath Tripathi alon…
Agarwal Packers demands tax sops for logistics in budget
Logistics major Agarwal Packers & Movers has sought a set of tax sops to take India’s logistics to $300 billion business by 2020, a critical industry to push Prime Minister Narendra Modi’s ambitious Make in India plan and job creating MSME sector. Giving a long wish list to Finance Ministry, …
Israel to part-take in Make in India
Israel, known for its frugal technologies, has evinced interest in participating in ‘Make in India’ initiative, particularly in the defence production where SMEs account for 80 per cent of design and development. At a ‘Make in India’ Summit, Israeli Ambassador, Daniel Carmon, said Israel can also…
ACMA looks forward to a growth oriented Budget
The Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry has stressed on the need for an early implementation of GST in its recommendations to the Government for the forthcoming Union Budget for the year 2016-17. The auto component sector is …
DRDO’S patent technology now with Pune Start-Up firm
In the first ever initiative of its kind, Defence Research and Development Organisation (DRDO) has provided its patented Copper-Titanium (CuTi) alloy technology for commercial exploitation to a start-up company. The agreement between DRDO and Pahwa Metal Tech Pvt Ltd was signed on the sidelines o…
Start-Up India: Coffee entrepreneurs to brew success with Govt help, VC Funds
Coffee entrepreneurs, coffee shop start-ups, and roasters from across the country would soon get the backing of caffeine-buzzed venture capitalists, and some essential help from the government. The Ministry of Commerce and Industries has asked the Coffee Board of India to identify certain start-u…
‘Zero Effect, Zero Defect’ to get Budget push
The Budget might see allocation to the Zero Effect, Zero Defect (ZED) model, which aims to rate and help one million Small and Medium Enterprises (SMEs) deliver top quality products using clean technology. This will facilitate the government’s ‘Make in India’ campaign to boost manufacturing…
‘Zero Defect, Zero Effect’ to raise quality levels in SME sector
After the successful launch of Start-Up India, another major initiative ZED would be rolled out soon. The acronym stands for zero defect, zero effect (on the environment) — high quality manufacturing that’s also green. It was first mentioned by PM in his Independence Day Speech in 2014. In …
MSME Employment generation grew at 73 per cent during 2009 – 15 | CRISIL Study
An analysis of about 5,500 Micro, Small and Medium Enterprises (MSMEs) which are engaged in manufacturing activity and which approached CRISIL for renewal rating between 2009 and 2015 shows that employment generated by these units grew at 73 per cent over these seven years. In 2009, the MSMEs pro…