Small and Medium Industries (SMEs) are the backbone of the country’s manufacturing besides helping in generating employment to millions, Labour & Employment Minister Bandaru Dattareya said. Dattareya was speaking at the two-day National SME Conference GoNat where he lauded the efforts of SMEs…
Tag: SME
Exclusive | A Didar Singh, FICCI Secretary-General | Direct Selling driving SME Growth!
Direct selling, one of the oldest and traditional forms of selling, is today a successful industry operating in over 100 countries, with a market size of $180 billion. I call it old because the best example of direct selling is the ancient cycle Peddler. According to a recent FICCI-KPMG Report &#…
Mumbai to host ‘Make in India Week’ from Feb 13 | Will address issues pertaining to SMEs
Taking a cue from the biennial investor congregation — Vibrant Gujarat Summit — held every alternate year in Gujarat, the Center is organizing “Make in India Week” in Mumbai during February 13-18. The week-long event, being organised by the Department of Industrial Policy and Promotion (DIPP), Un…
Indian SMEs are second to none; have to be recognized as brands | Anup Pujari | Secretary, MSME Ministry
‘State governments also need to enforce 20% procurement quota for SME sector’ The Indian small and medium enterprises are second to none but they have to sustain standards and be recognized as brands to reckon with, says MSME Secretary Anup Pujari in an exclusive sit down interview with SMEpost.…
Mudra Yojana to help MSMEs hit by Chennai floods
Mudra Yojana, a new financial system launched by Center is likely to help financially the Chennai flood affected MSMEs. This was decided following the visit of MSME Minister Kalraj Mishra, who inspected flood affected industrial clusters housing MSMEs in the city. The recent flood in Chennai ha…
IPR awareness drive amongst MSMEs to enhance competitiveness
Ministry of Micro Small and Medium Enterprises has launched a scheme to build awareness on Intellectual Property Rights (IPRs) among MSMEs. The aim of this scheme is to enhance competitiveness of MSMEs under the National Manufacturing Competitiveness Programme (NMCP). Apparently, only one MSME h…
For Internet majors Small is BIG | FB, Google, Alibaba eye SMEs for growth
As they look at ways to monetize their platforms, internet companies in India seem to be aggressively targeting the Small and Medium Enterprise (SME) space with dedicated offerings. In the recent past, companies such Facebook, Google and Alibaba have come up with platforms catering to the differe…
Govt. policies must boost small entreprenurs| Vivek Agarwal, CMD, GPA Group
New Delhi Head-Quartered GPA group was set up in 2010 and it commenced operations as small construction company with a small investment. At present the group is a business conglomerate — ranging from mobile phone manufacturing to tea estate – which has an annual turnover of Rs 200 cro…
Technology, Entrepreneurship & Skill to drive growth | Top Eco ‘Babus’
Top government officials have said that government is pursuing reforms with gusto giving thrust to entrepreneurship, skill building and greater technology diffusion which are key to high industrial growth particularly MSMEs that had had huge job potential. India needed to achieve high growth path…
Exclusive | Electronic cluster to be set up in Noida to benefit MSMEs
An electronics manufacturing cluster on a 210-acre plot is coming up in Noida after the Development Systems Corporation Ltd. and Taiwan Electrical and Electronics Manufacturers Association signed a Moue. In the first phase, Taiwanese units will invest Rs 500 crore and this will generate employmen…