“55% of registered MSMEs can tap into Rupees 5,50,00 crore fund post rating” More than half of India’s unbanked registered Small and Medium Enterprises can avail of first time credit should they get themselves rated, said Varun Mirchandani, Executive Director, Onicra Credit Rating, one of India’s…
Tag: Make In India
Opportunities in defense are huge for the SME sector | Rajbikram S Nayar, CMD, Deco-Nayar
India has suffered numerous terrorist attacks, which resulted in significant loss of life and the disruption to a thriving economy. With growing urbanization and half the country’s population expected to live in cities, there is need to secure urban infrastructure against acts of terror. India re…
Centre finds an ally in new-economy companies
It was a telling comment when Prime Minister Narendra Modi on January 16 said before a large gathering of 20-something and 30-something founders of start-up companies, “This is not the first time that this auditorium at Vigyan Bhavan is filled, but this is the first time that it is filled w…
Maha Govt wants MSMEs to part-take in ‘Make In India’
The Center will hold the ‘Make in India Week 2016’ from February 13 in Mumbai with an aim to promote India as an investment destination and increase its share in global FDI. Maharashtra Industries Minister Subhash Desai today urged small industrialists to take active part in the ̵…
Exclusive | All eyes on Budget to empower & enable MSMEs | Ravindra Nath, NSIC MD
If one organization truly believes in the motto ‘Small is big’ it is the National Small Industries Corporation (NSIC). NSIC has worked untiringly towards making a success story of the small and medium enterprises. The ‘Mini-Ratna’ public sector enterprise under the Micro, Small and Medium Enterpr…
PM to inaugurate ‘Make in India’ week in February in Mumbai
Prime Minister Narendra Modi will inaugurate the ‘Make in India’ week in Mumbai on February 13, being jointly organised by the Centre and the Maharashtra government. The event will showcase India’s potential under the theme of innovation, design and sustainability across focus s…
‘MAKE IN INDIA’ to prove a boon for Pharma | Suresh Pareek, MD, Ideal Cures
“In my opinion, the ‘Make in India’ initiative will slowly and gradually prove to be a boon for Indian pharma companies. India is the third largest market for pharma globally and India exports 20 per cent of the global generic pharma products. In the past years, a couple of reasons have bee…
‘MAKE IN INDIA’ needs to focus on MSMEs | BR Sikri, Co-Chairman – FOPE
MSMEs are considered the backbone of any country, it supports the nation in its economic growth. India also has a great pride in its industrial growth, which is aided by MSMEs. Unfortunately, MSMEs, particularly in the pharma category, has not been treated well. Otherwise this segment has the pot…
FISME pre-budget suggestions to Finance Ministry
Union Finance Minister Arun Jaitley met the representatives from the industry bodies yesterday to hold pre-budget consultation with them. Federation of Indian Micro and Small & Medium Enterprises (FISME) wanted inter-state GST should precede full-fledged roll out of the game changing indirect…
FICCI hails new scheme for textiles
FICCI Welcomed the government approval of the Amended TUFS (ATUFS) saying this has come as a great relief to the industry especially when the exports were declining in textile and apparel sector. “The focus on employment generation and export under the new TUFS by encouraging apparel and garment…