Industries Minister N Amaranatha Reddy said that Andhra Pradesh government will set up Micro, Small and Medium Enterprises (MSME) parks in every Assembly constituency spread over 100 acres. The Minister inaugurated a three-day national-level industrial machinery exhibition at Silparamam here…
Tag: MSME
How SMEs can find balance between challenges and benefits through BI implementation
Getting to the bottom of business information (BI) can be a difficult exercise, especially for SMEs, as their data is buried in multiple layers and legacy systems. BI facilitates the manager to take the best decisions, at a right time. At the same time, BI solution is perceived to be expensive, t…
CIPAM launches IPR awareness scheme for MSMEs, start-ups & budding inventors
Taking forward the National Intellectual Property Rights (IPR) Policy 2016, a ‘Scheme for IPR Awareness – Creative India; Innovative India’ has been launched by Cell for IPR Promotion and Management (CIPAM) under the aegis of the Department of Industrial Policy and Promotion. Th…
SIDBI reports 5% drop in net profit
The government backed financing institution’s total income however increased 10 per cent to Rs 6,346 crore from Rs 5,784 crore in March 2016, and provision for bad loans dropped to Rs 80 crore from Rs 225 crore a year earlier as gross NPAs decline to 1.20 per cent of the loan book from 1.51 per c…
Data-driven lending to help micro & small enterprises: iSpirit
Data-driven lending by banks and non-banking financial institutions will help bring formal credit to more individuals and micro, small and medium enterprises, giving the sector an edge over moneylenders, according to research by think tank Indian Software Product Industry Round Table (iSpirt). “W…
India-Jordan discuss ways to boost trade & investment at 10th TEJC meet in New Delhi
India and Jordan discussed ways to increase cooperation in diverse areas like customs taxation and visa to promote trade and investments between the two countries on July 5. The discussions were held during the 10th India-Jordan Trade and Economic Joint Committee (TEJC) meeting held in New …
MSME Min to rehabilitate sick units in Eastern UP through cluster dev: Kalraj Mishra
Union MSME Minister Kalraj Mishra has said that incentives will be given to small and medium enterprises in Eastern Uttar Pradesh for rehabilitation of sick units in districts like Benaras, Mirzapur, Bhadohi, etc. The Union Minister said that MSME Ministry will work towards the development of sma…
Govt seeks suggestions to formulate new industrial policy
The new policy also aims at aligning with the government’s flagship programmes such as Make in India, Skill India, Startup India and the foreign direct investment norms.
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Numaligarh Refinery launches start-up initiative to foster entrepreneurship in NE
Numaligarh Refinery Limited (NRL) launched its start-up initiative to foster an entrepreneurial culture in the Northeast region. “The initiative, IDEATION 2017, aims to focus on prospective entrepreneuers from the region by selecting promising ideas and assisting them to grow,” …
Exclusive ownership a must for MSMEs to make the best of innovations: Experts
In a bid to demystify need of IPR in technology transfer, experts came together at ‘National Conference on Technology Transfer at MSME Clusters’ organised by PHD Chamber of Commerce and Industry (PHDCCI) to bridge gap between industry and institutions and aware about the importance of IPR to surv…