The government is reviewing the Startup Action Plan launched in January by Prime Minister Narendra Modi to assess if it is moving in the right direction. The Department of Industrial Policy and Promotion (DIPP) is collating the progress made on the plan and will share its report with the NITI Aay…
Tag: Narendra Modi
Telangana MSMEs seek Centre’s help for revival of sick units due to power woes
The Telangana MSMEs have urged the state BJP President Dr K Laxman to urge the Centre to intervene for Revival and Rehabilitation of incipient Sick Units in MSME Sector and creation of Rs 2000 crore corpus fund for the same. In this regard, the Federation of Small and Medium Entrepreneurs (FSME) …
Cutting influence of big businesses is good, but strengthen SME policies
Narendra Modi’s government is completing its two years and while several things have changed people’s expectations is that more could be done. But what is it that can be done if real change has to happen. What is needed is not always what business particularly big business wants. One thing that h…
Apple to work closely with Indian startups
Apple is likely to announce an accelerator program for Indian startups as part of its CEO Tim Cook’s visit to India this week. The sources, who declined to be quoted, said while Tim Cook’s key push with Indian government officials will be the sale of refurbished Apple phones here, its…
Varanasi weavers to be taught skills to sell products online
Coming June, weavers in Prime Minister Narendra Modi’s constituency Varanasi will be taught skills like photography, marketing, packaging and inventory control so that they can sell products directly through e-commerce , as part of a pilot programme. “We are going to do a pilot projec…
India leveraging Hannover Messe for transforming manufacturing; Make in India big hit
Having emerged as the fastest growing economy in the world, India is transforming its manufacturing industry with a clear objective to become an essential part of the global supply chain and is leveraging the renowned Hannover Messe for yet another time for promoting the ‘Make in India’ programme…
20% of all applications received from smaller towns | Startup Expo
The Indian startup revolution is not limited to metros anymore; one-fifth of applications for a Startup Expo being organised by Lufthansa Airlines and The Indus Enterprise have come from smaller towns. Out of 34,000 applications for the one-day expo in Gurgaon this weekend, about 20% came from to…
Mudra Bank helps Janalakshmi to unlock capital
Mudra Bank, which is Narendra Modi government’s gift to Indian banking aiming to grow lending towards small businesses, has invested Rs 50 crore in a securitisation deal with Janalakshmi Financial Services helping the latter unlock capital. This marks MUDRA’s first ever participation …
India can make world’s best warships | Navy Chief RK Dhowan
Indian Navy Chief Admiral RK Dhowan on April 18 called for increased private investment in defence manufacturing which, he said, is capable of producing the world’s best warships and submarines. “The navy has outlined its science and technology roadmap for next 15 years and has shared…
Government to help small enterprises in defence sector compete globally
The initiative gets significance in the light of a recent report by the Quality council of India which speaks about poor state of the micro small and medium enterprises (MSME) sector. In order to make the Micro Small and Medium Enterprises (MSMEs) involved with the defence sector globally compete…