India and Australia have launched a new strategic partnership to deepen cooperation on cybersecurity, critical technologies and resilient supply chains. The announcement, made during Prime Minister Narendra Modi’s visit to Australia for the Third Australia-India Annual Summit, reflects the...
Women-led enterprises now account for 39% of India’s registered MSMEs, and the government wants that share to rise to 50%, according to MSME Secretary Bharat Khera. Speaking at an event organised by India SME Forum with Google India, Khera...
India and Mali have launched the inaugural India–Mali Forum for the Promotion of Exports, creating a new platform to expand trade, investment and business partnerships between the two countries. The two-day forum in Bamako brought together government officials and...
The Ministry of MSME has made TReDS the mandatory settlement route for all operational Central Public Sector Enterprises when paying MSME suppliers for goods and services. The new rule is meant to speed up payments, improve transparency and give...
India’s commercial credit market has grown into a Rs 65.8 lakh crore ecosystem, but the benefits have not yet reached most registered MSMEs. According to the latest MSME Pulse Report by TransUnion CIBIL and SIDBI, only 41% of India’s...
The National SC-ST Hub Scheme of the Ministry of MSME is helping entrepreneurs from Scheduled Castes and Scheduled Tribes strengthen their businesses through capacity building, structured mentorship and market support. The initiative is designed to remove long-standing barriers such...
DPIIT has joined hands with FICCI and Mercedes-Benz India to support seven selected startups under the Bharat Innovation & Business Ideas Challenge Programme. The initiative is designed to help promising startups move beyond early funding and build the regulatory,...
The Madhya Pradesh government is planning to develop 81 new industrial areas across the state to create a bigger land bank for micro, small and medium enterprises. The move is aimed at expanding industrial activity, supporting local entrepreneurs and...
Greater adoption of factoring and TReDS could give MSMEs much-needed liquidity support and help them become more competitive in export markets. Industry leaders said these financing tools can reduce cash-flow pressure, speed up working capital access and make it...
A faster shift to electric vehicles could help India cut its import bill by Rs 1 lakh crore by 2030, according to an SBI Research report. The report says EV adoption is accelerating, helped by rising registrations, expanding charging...