Having hit by the imposition of Minimum Import Price (MIP) on steel, Punjab-based engineering industry, especially the Micro, Small and Medium Enterprises (MSMEs), have appealed to the Centre to roll back it or direct the Indian steel makers to reduce the price of raw material at December 2015 le…
Tag: MSME
MSMEs can benefit from producing defence components | Experts
Leveraging the liberalised Defence Production Policy and the offsets clause governing imports of military hardware, Micro, Small and Medium Enterprises (MSMEs) can look at making components for the sector provided they are in it for the long haul and adopt disciplined manufacturing processes, exp…
Frost & Sullivan India ICT Awards recognises Vodafone’s leadership in the enterprise segment
Vodafone Business Services (VBS), the enterprise arm of Vodafone India, claims top honors at the Frost & Sullivan India ICT Awards 2016. VBS won the award for the ‘Enterprise Mobile Service Provider of the Year’ for the sixth year in a row. In addition, it was also the first time that VBS wa…
Revamped schemes for Coir Industry
Enthused by rising exports of coir products and to improve ‘ease of doing business’, the Ministry of Medium, Small and Micro Enterprises (MSME) plans to revamp all schemes related to the industry. The revamped schemes, with focus on technology upgradation and incentivising new products for export…
PHDCCI Innovation Summit for MSMEs to bring together industry honchos
On June 3rd, PHD Chamber will host Innovation Summit that aims at enhancing the innovative capacities of micro, small & medium enterprises. Discussions and deliberations will be around two key focus areas – Innovative Strategies for Sustainable MSME Financing and Technology Adaption in …
CII to launch knowledge and finance forum for helping MSMEs in Mysuru
The Confederation of Indian Industry (CII), Mysuru is launching a knowledge and finance forum on Friday to facilitate the growth of the micro, small and medium enterprises (MSMEs) in the district. In a press release issued, CII Chairman N Muthukumar said the main objective of launching the SME kn…
Kalraj Mishra takes to twitter to inform MSME Ministry’s key initiatives on #TransformingIndia
On completion of two years of NDA government in office, Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra interacted with public on May 26 from 4-5 pm via twitter #AskKalraj. MSME Secretary, KK Jalan was also the part of this interaction. This is part of #TransformingInd…
MSMEs reported strong hiring sentiments in the coming six months | MSME Hiring Sentiment Survey
The employers of micro, small and medium enterprises (MSMEs) across Telangana have reported strong hiring sentiments in the coming six months, according to MSME Hiring Sentiment Survey, conducted in April 2016 by TMI Group, a Hyderabad-based human resources services company. Explaining the purpos…
Axis Bank incorporates subsidiary to operate TReDS
Private sector lender Axis Bank said it has incorporated a subsidiary A.Treds Ltd to operate Trade Receivables Discounting System (TReDS), which will help in improving flow of funds to SMEs. In November last year, the RBI had given in-principle approval to three entities to set up TReDs. The othe…
Pro-MSME schemes to boost potential of North East region
Micro, Small and Medium Enterprsises (MSME in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura – the ‘seven sisters’ that make up the North Eastern Region (NER) – stand to benefit from central government initiatives to encourage entrepreneurship…