Sikkim, a small state in northwest India and bordered by Bhutan, Tibet and Nepal is also home to glaciers, alpine meadows and thousands of varieties of wildflowers. Part of the Himalayas, the area has a dramatic landscape including India’s highest mountain, 8,586m Kanchenjunga. Today, Sikkim is …
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…
Exclusive | Steel Import Duty not to impact Sponge Iron Industry: SIMA
Deependra Kashiva, pioneer in making sponge from scrap has truly put into practice of converting waste into wealth. Kashiva who is Executive Director of Sponge Iron Manufacturers Association (SIMA) outlines the challenges of the industry and shares his thoughts to SMEpost.com correspondent on how…
Exclusive Interview | Kalraj Mishra sees big thrust to MSMEs in the Budget
For a man who has built a reputation being a hard core Hindi heartland politician, he deals with complex matters of business and economy with equal ease. Driving the fortunes of India’s fledgling Micro, Small & Medium Enterprises (MSME) sector, Kalraj Mishra has many aces up his sleeves. Mish…
MSME Year-ender for UP
The economic slowdown over the last few years cast a shadow over the Micro, Small and Medium Enterprises (MSMEs) in Uttar Pradesh during 2015. In terms of sick units, Uttar Pradesh brought the curtain down on year just ended with 84,063 such units as per RBI data cited in Parliament by Minister o…
MSME body opposes Bonus Amendment Bill
The Micro, Small and Medium Enterprises (MSME) industry in Uttar Pradesh has strongly opposed the retrospective implementation of the Payment of Bonus Amendment Bill 2015. On December 23, the Parliament had passed the Bill amending the Payment of Bonus Act, by which more employees have become eli…
Year-ender 2015 | Turnover improves in BSE SME
The BSE SME index closed the year at 802.27 or 283.36 points below the opening for the year 2015 and 282 points below the closing for the previous year, leaving little room for doubt that the year ahead was unlikely to be very positive. On the positive side however, the trade volumes and market t…
Product Certification workshop for MSMEs in MP
For the development of small and medium scale industries sector and to certify their products, Association of Industries, Madhya Pradesh (AIMP) organised a day-long interactive session on product certification here on Wednesday. Following joint effort of AIMP and Micro, Small and Medium Enterpris…
Scheme to boost ‘Make in India’ in textile sector
Government approves ‘Amended Technology Upgradation Fund Scheme’ for Textiles industry. It will generate one lakh crore rupees investment & create over 30 lakh jobs Government has approved a scheme to boost Make in India in textiles that would help in generating Rs one lakh crore investment…
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 &#…