The Make In India Week—2016 begins Bandra Kurla Complex in Mumbai and will be opened by Prime Minister Narendra Modi. The Centre-State has described Make In India as Asia’s largest multi-sectoral exhibition with participation of 1,000 international and 8,000 Indian companies and heads of state of…
Tag: MSMEs
Kalraj Mishra lays foundation stone for Tech Centre in Rajasthan
MSME Minister Kalraj Mishra laid the foundation stone for a in Rajasthan along with the state Chief Minister, Vasundhara Raje. The MSME Technology Centre to come up at the Pathredi Industrial Area near Bhiwadi is to be the first of the 15 such new Technology Centres proposed in the country. The…
The northeast’s Startup Star is on the rise
The “venture fund” set up by the Union Government to promote startups in India’s northeastern states has resulted overwhelming response making the region vibrant with several small and medium enterprises keen to start operation there. Minister of State for Development of Northeastern Region (D…
Over 200 SMEs showcase products at Kochi B2B meet
Manufacturers in Kerala should come out with more value-added products if they want to compete in the global market, Minister for Public Works VK Ebrahim Kunju has said. Inaugurating the three-day Kerala Business-to-Business Meet 2016 at the CIAL Trade Fair & Exhibition Centre in Nedumbassery…
StartUp India gets a shot in the arm in Maharashtra
In sync with Prime Minister Narendra Modi’s StartUp India initiative, the Maharashtra government has freed the State Innovation Council from its clutches, making it an independent body with the prime objective to make Mumbai and Maharashtra the capital of start-ups. The state cabinet took a…
Mumbai needs 50% of Agri loans | NABARD
The State Focus Report of the National Bank for Agriculture and Rural Development (NABARD) for 2016-17, released last week, allocated 51.3 per cent (of Rs 2,96,279.44 crore) of its total potential-linked credit plan (PLP) to Mumbai City and Suburbs. Dr US Saha, Chief General Manager, NABARD-Mahar…
Buyers from 31 countries to attend Kerala B2B Meet 2016
Delegates from 31 countries, including the United States, China and Singapore, will take part in the Kerala Business-to-Business Meet 2016 to be held at the CIAL Trade Fair & Exhibition Center in Nedumbassery from February 4 to 6. “Around 100 buyers from foreign countries and nearly 350 buyer…
Govt invites proposal from MSMEs for technology & equipment acquisition support
Department of Industrial Policy & Promotion (DIPP) under the Ministry of Commerce & Industry has requested for proposals (RFP) under the recently announced Technology Acquisition & Development Fund (TADF), for financial support in acquisition of environment compliant technology and eq…
MSMEs in Goa to get lion’s share of credit from banks in 2016-17
Micro, Small and Medium Enterprises (MSMEs) in Goa, may get better funding from banks in 2016-17 with the NABARD estimating huge scope of lending to the sector. On 19th January NABARD announced the potential credit plan for banks for 2016-17 with MSMEs getting the lion’s share of credit for the y…
MSME Employment generation grew at 73 per cent during 2009 – 15 | CRISIL Study
An analysis of about 5,500 Micro, Small and Medium Enterprises (MSMEs) which are engaged in manufacturing activity and which approached CRISIL for renewal rating between 2009 and 2015 shows that employment generated by these units grew at 73 per cent over these seven years. In 2009, the MSMEs pro…