Responding to the released Trade Data for the month of February, 2016 exhibiting a modest decline of -5.66%, S C Ralhan, President, FIEO said that this is largely on account of low export base in February, 2015 which itself was based on 15% decline on year-on-year basis. President, FIEO said tha…
UP first state to set up own export promotion council
Uttar Pradesh became the first state to set up its own Export Promotion Council. This was launched at the U.P MSME event held on March 14 at New Delhi. The event organized by Export Promotion Bureau was inaugurated by Nitin Agarwal, State Minister (Independent Charge) for MSME & Export Promot…
FICCI organises Industry interaction with Indian Army in association with NSIC
FICCI has organised Industry interaction with Lt. Gen. SubrataSaha, UYSM, YSM, VSM Deputy Chief of the Army Staff (P&S) in association with NSIC on 04.03.16 at Bangalore. NSIC Bangalore Office played vital role in inviting high end MSMEs for fruitful interaction and giving out of box ideas an…
Uber mentoring 50 startups via exchange programme
A clutch of startups on March 11 asked Uber’s global chief technical officer Thuan Pham how over-hiring could be avoided when building a company. “Ask what problem your company has to solve and find a person with the right skill-sets,” said Pham, who was addressing entrepreneurs…
11 tech startups graduate from RIL and MS-backed platform
Reliance Industries and Microsoft Ventures backed startup accelerator The GenNext Hub announced the graduation of 11 technology startups from the second batch of its accelerator programme. The GenNext Hub enables entrepreneurs to build their companies through an immersive, four-month-long program…
Indian Navy aspires to achieve 90% self-reliance in warships | Vice Chief of Naval Staff
International Seminar on ‘Make in India’ Paradigm – Roadmap for a Future Ready Naval Force on April 18-19, 2016 in New Delhi will discuss modernization and development agendas of Indian Navy Warships in a navy bear testimony to the industrial capabilities of a country. The Indian Navy’s mantra is…
Textiles Minister to inaugurate India Carpet Expo on March 11th, 2016
The 31st edition of India Carpet Expo is being held from March 11 – 14, 2016 in NSIC Exhibition Complex, Okhla Industrial Estate, New Delhi. The Expo is being organized by the Carpet Export Promotion Council, under the aegis of Government of India. The Expo will be inaugurated on 11th March, 2016…
Malaysia furniture market is expected to reach USD 5.5 billion by 2020 | Ken Research
Ken Research announced its latest publication on “Malaysia Furniture Market Outlook to 2020 – Growth in Furniture export & rise in trend of online furniture sales to drive future” which provides a comprehensive analysis of the Furniture market in Malaysia. The report covers various aspects su…
Rs. 3000 crores for development of MSME sector | Kalraj Mishra
Union MSME Minister Kalraj Mishra has said that out of Rs. 3000 crore allocation to his Ministry, more than Rs. 1100 crore will be used for generating employment for more than 4,25,000 persons under Prime Minister Employment Generation Programme (PMEGP). He also stated that Rs. 130 crore has been…
If India has to grow, we need to have strong SME rating fundamentals | Varun Mirchandani, ED, ONICRA
Rating of SMEs has worked wonders in getting bank loans and there are empirical evidence to suggest ratings have changed thousands of SMEs into vibrant enterprises with commercial banks coming forward to provide them loans hand-hold them during difficulties. Rating agency ONICRA Executive Directo…