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Wednesday, June 17, 2026

SMEDesk

India’s AI Infrastructure Boom Gains Global Spotlight

India is rapidly positioning itself as a leading global hub for AI infrastructure, riding the wave of hyperscaler investments and increasing demand for compute power. According to a recent report by Centrum, India’s digital infrastructure capacity reached 1.4 GW...

TEC and IIIT Naya Raipur Partner for Next-Gen Telecom R&D

In a strategic move to bolster India’s telecom research capabilities, the Telecommunication Engineering Centre (TEC)—the technical arm of the Department of Telecommunications (DoT)—has signed a Memorandum of Understanding (MoU) with the International Institute of Information Technology (IIIT), Naya Raipur....

ECMS Attracts ₹1.15 Trillion Investment, Doubles Target

The Government of India’s Electronics Component Manufacturing Scheme (ECMS) has received an unprecedented response from both domestic and international stakeholders, with 249 applications committing to investments worth ₹1.15 trillion. This figure is nearly double the targeted investment of ₹59,350...

Centre Launches ₹1,500 Cr Incentive Scheme for Critical Mineral Recycling

The Ministry of Mines has officially launched guidelines for its much-anticipated ₹1,500 crore Incentive Scheme to promote critical mineral recycling. Approved by the Union Cabinet in early September 2025, this scheme marks a major step toward strengthening India’s circular...

ESDM Market in India to Double by 2030: CareEdge

India’s Electronics System Design and Manufacturing (ESDM) sector is on a robust growth trajectory, expected to double by 2030 and reach a market size of ₹7–8 lakh crore, according to a recent report by CareEdge Ratings. The report attributes...

MSME Launches Special Campaign 5.0 for Swachhata and Efficiency

The Ministry of Micro, Small & Medium Enterprises (MSME) has launched “Special Campaign 5.0” from October 2 to October 31, 2025, to strengthen cleanliness, streamline operations, and minimize pendency across its nationwide offices. This initiative is aligned with the...

FICCI & GlobalLogic Launch AI Platform

In a strategic move to empower India’s micro, small, and medium enterprises (MSMEs), the Federation of Indian Chambers of Commerce & Industry (FICCI) has partnered with GlobalLogic, a Hitachi group company, to launch a cutting-edge Business Resilience Platform (BRP)...

MSME Lending Norms Tighten Amid Early Signs of Credit Stress

India’s banking and financial services sector is tightening lending norms for micro, small and medium enterprises (MSMEs) as early signs of stress begin to emerge. Amid rising delinquencies, especially in smaller loans, both banks and non-banking financial companies (NBFCs)...

ECMS Attracts ₹1.15 Trillion in Proposals

India’s ambitious Electronics Component Manufacturing Scheme (ECMS) is off to a robust start, with the Centre receiving investment proposals worth ₹1.15 trillion from 249 companies, Union IT Minister Ashwini Vaishnaw announced on Thursday. The proposals reflect strong global and...

India’s $37B Bet to Become Petrochemical Powerhouse

India is gearing up to become a global petrochemical powerhouse, with an ambitious capital expenditure plan worth $37 billion aimed at achieving self-sufficiency and reducing reliance on imports, according to a new report by S&P Global Ratings. The report, titled...

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Reimagining HRTech: Sonali Chowdhry on Building Scalable, People-First Workforce Solutions

As organizations navigate rapid digital transformation, the need for intelligent, integrated, and people-centric HR systems has never been more...
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