With the pharmaceutical sector struggling to keep pace with international standards, the central government is readying a Rs 996-crore plan to boost small and medium-sized enterprises (SME) units focusing on bulk drug and medical device — two areas where India is heavily import-dependent. As per …
Tag: SME News
GST benefits MSMEs via competitions
The Goods and Services Tax (GST) is all set to enhance the competitiveness of the almost five crore Micro, Small and Medium Enterprises (MSMEs) that account for 25% of employment, 40% of industrial output and 45% of exports of the country. This, by making them a part of organised commerce and off…
Village Capital launches applications for programme supporting FinTech start-ups in India
Village Capital, a leading venture development organization, has launched applications for its FinTech: India 2017 programme, that will find, train and invest in early-stage fintech companies across India. The programme is being supported by PayPal, a leading digital payments company, and FMO, th…
Microsoft committed to growth of Indian start-ups
Microsoft India has believes in the Indian start-ups and has assisted more than 4,000 start-ups in India, conducting skill training for 30,000 people along with 26,000 teachers while working with several state governments and non-profit organisations during FY17 in India, as per its India Citizen…
Suresh Prabhu to hold meeting with industry bodies on Sept 26, discuss ways to boost growth
Commerce and Industry Minister Suresh Prabhu will hold a meeting with industry bodies on September 26 to discuss issues pertaining to industrial growth and the interventions required to resolve them, a government official said. Chief Economic Adviser Arvind Subramanian, financial advisers of all …
Why taking an SME loan makes more sense than liquidating your savings?
Small and medium enterprises (SMEs) in India have witnessed tremendous growth over the last few years. The SME sector accounts for more than 95% of establishments in India and is offering 80% of jobs in the manufacturing sector. Considering the pivotal role which the SME sector is playi…
Vastra 2017 is here to elevate Rajasthan as Textiles Hub of India
300 buyers from 55 countries will participate in the Fair with exhibitors representing 13 nations across globe
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Rafale International encourages production activities under ‘Make in India’ initiative
Rafale International met up with over 100 French small and medium-sized enterprises (SMEs) to encourage investment and set up of production activities in India in the frame of the Rafale offset program under Prime Minister Narendra Modi’s ‘Make-in-India’ drive. During two-days Business to B…
3-D printing, AI & IoT have potential to define future course of MSMEs: Giriraj Singh
MSMEs are the backbone of Indian tourism sector and can drive significant employment, says K J Alphons
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Make in India a good initiative, but should focus more on SMEs: Rahul Gandhi
Congress vice president Rahul Gandhi said the Modi government’s ‘Make in India’ is a good initiative, but it should focus more on small and medium enterprises rather than on large businesses. Gandhi, who is in the US on a two-week-long tour, during his interaction with students …