एमएसएमई वित्तपोषण में गहरी पैठ बनाने के उद्देश्य से स्मॅाल इंडस्ट्री डेवलपमेंट बैंक ऑफ़ इंड़िया (SIDBI) ने एमएसएमई सदस्यों के लिए 50 लाख तक कर्ज आसानी से मुहैया कराने को लेकर महाराष्ट्र चेंबर आफ कॅामर्स, इंडस्ट्री एण्ड़ एग्रीकल्चर (MCCIA) के साथ एक मेमोरेंड़म साइन किया है। एमओयू को पुणे क्षेत्र की…
Tag: MSME
SIDBI & MCCIA sign MoU to facilitate loans upto Rs 50 lakh to MSMEs
Pune: To make deeper inroads into MSME financing, the Small Industries and Development Bank of India (SIDBI) signed a memorandum of understanding (MoU) with the Mahratta Chambers of Commerce, Industries and Agriculture (MCCIA) to facilitate loans of up to Rs 50 lakh to member MSMEs on a preferent…
Govt allocates Rs 340 cr for Khadi Plazas & MMDA scheme
New Delhi: Aiming at a 20 per cent increase in production and sales of Khadi products over the next three years, government has allocated Rs 340 crore towards setting up of Khadi plazas and Modified Market Development Assistance scheme in the Budget. The provision made in the Output Outcome frame…
Aerospace & Defence: How MSMEs can build a sustainable business
A multi-billion dollar sector, the Indian Aerospace and Defence (A&D) sector is a focus market for many global A&D companies. The Indian market is also attractive for domestic industrial product conglomerates aspiring to achieve non-linear growth via positions across the A&D value cha…
Karnataka strengthens investment climate
Karnataka is hosting the Make in Karnataka Conference from February 13-14, as a part of the overall ‘Make in India’ initiative. The first state to pioneer special investor forums as far back as 2000, it has taken a lead role in attracting investments. Karnataka enjoys multiple advantages in the m…
Move over, IT: IIoT is the next big thing for MSMEs
Historically, the manufacturing industry and Micro, Small, and Medium Enterprises (MSMEs) have played important roles in the economic development of major economies of the world and in job creation. The report “Growing the global economy through small to medium enterprise: The G20 SME confe…
India to soon have a National MSME policy: Kalraj Mishra
New Delhi: The country will soon have a comprehensive policy for micro, small and medium enterprises, Union Minister Kalraj Mishra said. The country does not have an MSME policy till date. A one-member panel of former Cabinet Secretary Prabhat Kumar had submitted a report on formulation of a Nati…
Indian SMEs can emulate Germany’s Mittelstand
In Delhi’s Okhla Industrial Area, Sahil, a former tech executive, now runs a medium-size enterprise, manufacturing parts for air-conditioners. Even though his customers include all the well-known Korean and US manufacturers selling in India, life for the tier-1 B-school graduate is never easy giv…
World Bank Group led initiative to help India’s MSMEs get faster access to credit
In India, the micro, small and medium enterprise sector plays a crucial role in the country’s economy. Almost 50 million such enterprises operate in various industries across India, employing over 100 million people. More than half of them are based in rural areas, while over 7 per cent of entrep…
Budget 2017: Veterans & SMEs take on hits & misses
Finance Minister Arun Jaitley has come up with major sops in much awaited Budget 2017-18. Stumbling under the after-effects of demonetisation, SMEs especially had their fingers-crossed when the FM began with the announcements. The 2 hours ticked swiftly once the Minister began strongly positionin…