Israel, known for its frugal technologies, has evinced interest in participating in ‘Make in India’ initiative, particularly in the defence production where SMEs account for 80 per cent of design and development. At a ‘Make in India’ Summit, Israeli Ambassador, Daniel Carmon, said Israel can also…
Tag: MSME
Karnataka woos textile investors
The Karnataka government is pitching for global investments in the textile sector.The State is home to 70 large and medium textile companies and more than 50,000 small units operate under the Micro, Small and Medium (MSME) categories. “The textile industry occupies an important position in the in…
SMEs call for enabling policy to empower e-commerce sector
Small and Medium Enterprises (SMEs) have asked the government to form a friendly policy to liberalise the e-commerce sector. These retailers, who are selling products on e-commerce platforms, want government to treat their virtual shops as technology platform. Recently in a letter to Commerce and…
Exclusive | Key to SME growth is ease of doing business | A Didar Singh, Secretary General, FICCI
Big business chambers have traditionally focused on serving interests of big business. But at India’s leading apex chamber, the Federation of Indian Chambers of Commerce and Industry (FICCI), the small enterprises are no less important given their mammoth contribution to the national income. Cham…
Centre to harness Solar Energy for spinning Khadi wheel
The Narendra Modi government is all set to make khadi a “zero-effect, zero-defect” global product. The government has decided to harness solar energy to power “charkhas” (spinning wheels) across the country to enable handspun khadi to become the zero-carbon footprint green fabric of India. Minist…
‘Zero Defect, Zero Effect’ to raise quality levels in SME sector
After the successful launch of Start-Up India, another major initiative ZED would be rolled out soon. The acronym stands for zero defect, zero effect (on the environment) — high quality manufacturing that’s also green. It was first mentioned by PM in his Independence Day Speech in 2014. In …
Mauritius offers Bio-farming Technology to India
Mauritius has offered bio-farming technology to India to boost green farming. This offer was made at the First Indo-Mauritius Joint Committee Meeting for the cooperation in MSME sector, an official statement said. The two countries also explored cooperation in capacity building through training o…
MSMEs can expect a number of enabling initiatives in Budget 2016
The significance of Micro, Small & Medium Enterprises (MSMEs) to India’s economic growth and prosperity is well established. They provide the critical depth to the manufacturing and service sectors, foster entrepreneurship and generate substantial employment. Close to 45 per cent of the tot…
Laghu Udyog Samachar Magazine released in 13th Meeting of NBMSME
The 13th Meeting of the National Board for Micro, Small and Medium Enterprises was held on January 18th under the Chairmanship of Shri Kalraj Mishra, Union Minister of MSME. Shri Giriraj Singh, MoS of Ministry of MSME was also present to address the gathering. The Start-up issue of Laghu Udyog Sa…
Maha Govt wants MSMEs to part-take in ‘Make In India’
The Center will hold the ‘Make in India Week 2016’ from February 13 in Mumbai with an aim to promote India as an investment destination and increase its share in global FDI. Maharashtra Industries Minister Subhash Desai today urged small industrialists to take active part in the ̵…