Finance has typically been one of the areas of concern for the SME sector. One of India’s leading finance company, Dewan Housing Finance Ltd (DHFL), has lately expanded its portfolio by entering into SME lending segment. SMEpost.com caught up with Harshil Mehta, CEO of DHFL, in an exclusive conve…
Tag: MSMEs
Quality Council of India to cover 1.25 million MSMEs with their ZED model in next five years
Hailed as Asia’s largest Defence exhibition, the recently concluded Defexpo 2016 saw participation from 1055 registered companies from 47 nations. Union Defence Minister Manohar Parrikar focused on the amended DPP aimed at empowering India’s target of ‘Make in India’ polic…
QCI plans to cover 26,000 MSMEs under ZED model
The Quality Council of India plans to cover 26,000 Micro, Small and Medium Enterprises in the next two years under Zero Defect Zero Effect (ZED) model of which 6,000 would be from defence sector, a senior official said today. “For two years, we have a target of 26,000 MSMEs out of which 6,0…
RBI instructs banks to put MSME revival framework by June 30, 2016
The Reserve Bank of India (RBI) has issued the Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs) along with operational instructions, to all banks for immediate implementation. Under the Framework, cases for all MSME loan accounts where principal or loan inst…
NASSCOM warehouse to come up at sunrise startup village
National Association of Software and Service Companies (Nasscom) will be allotted space at Sunrise Startup Village at Rushikonda here to set up a startup warehouse as part of an agreement signed with the State government. Nasscom will provide co-working space with comprehensive environment for in…
Emphasis on MSMEs, ‘Make in India’ focal point | New defence policy
India’s new policy on defence procurement is heavy on industry involvement – from roping in private sector companies from the feasibility stage itself to hiring professionals to draft tenders and starting off with a preamble that describes ‘Make in India’ as the focal poin…
Global IT giants handhold MSMEs in Uttar Pradesh
Global IT majors including Facebook, Amazon and Microsoft are lending a helping hand to the beleaguered Micro, Small and Medium Enterprises (MSME) sector in Uttar Pradesh to sharpen their competitive edge. These marquee brands are offering their domain expertise to prepare the MSMEs compete at th…
KASSIA seeks simplification of subsidy claims process
Karnataka Small Scale Industries Association (KASSIA) wants a simplified process for submitting subsidy claims, and permits for online submission for claiming subsidy by small and medium enterprises (SMEs). The trade body, in its memorandum submitted to Giriraj Singh, Union Minister of State for …
FICCI organises Industry interaction with Indian Army in association with NSIC
FICCI has organised Industry interaction with Lt. Gen. SubrataSaha, UYSM, YSM, VSM Deputy Chief of the Army Staff (P&S) in association with NSIC on 04.03.16 at Bangalore. NSIC Bangalore Office played vital role in inviting high end MSMEs for fruitful interaction and giving out of box ideas an…
Central Govt to review ceiling limit for MSMEs
The proposal to revise ceiling limits for Micro, Small and Medium Enterprises (MSMEs) is already before the Standing Committee of the Lok Sabha, said Giriraj Singh, Minister of State for Micro, Small and Medium Enterprises. He was speaking at an interaction meet held on March 11. Singh was respon…