Irrespective of the type of an enterprise, quality is an anchor that gives credibility to a business. As far as MSMEs are concerned, quality is a sina-quo-non for business success. It has to be looked as a strategy for scaling up for survival. What drives repeat purchase for MSMEs is the trust th…
Tag: MSME
Boeing launches skill development programme for front-line workers in MSMEs
New Delhi: US aircraft maker Boeing Inc launched a skill development programme in association with the aerospace manufacturing firm Jaivel to train front-line workers in the MSME segment in aerospace industry. The programme was announced in the presence of Defence Minister Manohar Parrikar and Gu…
Gujarat plans ‘biz for sale’ website for ‘sick’ MSME units
While the eight edition of the Vibrant Gujarat Global Summit is likely to witness the signing of over 16,000 memorandums of understanding (MoUs) by the Micro, Small and Medium Enterprises (MSME), it is ironical, that Gujarat has the highest number of sick MSMEs after Uttar Pradesh and Maharashtra…
KVIC wants Khadi included in MNREGA
Mumbai: Khadi and Village Industries Commission (KVIC) has sent a proposal to the central government, asking it to include Khadi in MNREGA not only to have more artisans under the scheme but also to make unskilled workers earn more through them. These artisans will train the 5.40 lakh unskilled w…
Developing a relationship with customers can be a game-changer for SMEs
Customer-centricity simply speaking means bringing customers at the centre of the enterprise and aligning strategies, decisions and actions to deepen this relationship with them over a period of time. Aligning strategies, decision and actions includes products, distribution, behaviour, business m…
MUDRA loan disbursals take a hit due to demonetisation
Loan disbursals by Micro Units Development and Refinance Agency (MUDRA) slowed down in the third quarter of current financial year following the demonetisation of high-value currencies, an official said. “We have disbursed Rs 80,000 crore (from April 1 to December 31, 2016). There have been…
MSMEs see surge in cheque & e-payments: CRISIL
Micro, Small and Medium Enterprises (MSMEs) are moving towards cheque and e-payments in a big way following the government’s move to demonetise high currency notes. As many as 41% of MSMEs said their clients have shifted to cheque or electronic payment since demonetisation, according to a n…
Roposo enables SMBs, sellers & brands to expand their reach exponentially
With over 4,200 already on board, Roposo-India’s favourite fashion social network is quickly becoming the hub for small sellers including home-sellers, offline boutiques, and many others selling niche fashion and lifestyle products. Roposo’s unprecedented reach and popularity has helped expand th…
MSME initiatives need private sector support: Kalraj Mishra
The Micro, Medium and Small Enterprises sector has seen a flurry of initiatives launched by the Government of India over the last year. Union Minister for Micro, Small and Medium Enterprises Kalraj Mishra speaks on the success of these measures so far and his vision for the New Year. Q: What were…
Demonetisation: MSMEs braced for more challenges ahead
Cash-dependent Micro, Small and Medium Enterprises (MSMEs) across the country have borne the brunt of the ongoing demonetisation exercise. With about 86 per cent of the currency (high denomination Rs. 500 and Rs. 1,000 bank notes) in circulation being scrapped with effect from November 9, and the…