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Friday, June 19, 2026

SMEDesk

Odisha Diversifies Industrial Strategy Beyond Mining

Odisha is accelerating its transition from a resource-driven economy to a knowledge-based industrial hub, with a strong push into next-generation sectors like chemicals, petrochemicals, semiconductors, apparel, shipbuilding, and renewable energy. This strategic shift is being led by Sampad Chandra...

₹10K Seed Grant for 75 Lakh Women in Bihar

In a landmark initiative aimed at boosting women-led entrepreneurship in Bihar, the state government has launched the Mukhyamantri Mahila Rojgar Yojana, transferring ₹10,000 directly into the bank accounts of 7.5 million women. With a total outlay of ₹7,500 crore,...

India ranks #3 in Tech Startup Funding

India has climbed to the third spot globally in terms of tech startup funding, trailing only the United States and the United Kingdom, according to a new report from Tracxn. Despite a 23% year-on-year decline, Indian startups managed to...

CETA unlocks new textile growth for India

India is taking significant steps to double its textile exports by 2030, with the recently signed India–UK Comprehensive Economic and Trade Agreement (CETA) emerging as a key growth driver. A high-level delegation, led by Neelam Shami Rao, Secretary, Ministry...

Semiconductor momentum grows in India, Southeast Asia

India is fast becoming a significant player in the global semiconductor supply chain, alongside Southeast Asian nations like Malaysia and Vietnam. A combination of geopolitical shifts, domestic policy support, and global demand for chip alternatives beyond China has positioned...

Tamil Nadu Unveils TNGSS Summit App for Networking

In a major step towards enabling digital convenience and ecosystem participation, Tamil Nadu MSME Minister T.M. Anbarasan launched the mobile application for the Tamil Nadu Global Startup Summit (TNGSS) 2025 at a stakeholder meeting in Coimbatore. The app is...

FM Urges Banks to Expand MSME Lending

Finance Minister Nirmala Sitharaman has urged Indian banks to deepen their engagement with micro, small and medium enterprises (MSMEs) and forge stronger ties with non-banking financial companies (NBFCs), positioning financial institutions as critical engines of growth in a volatile...

SIDBI Launches DIA to Power MSME Clusters

In a major push toward decentralised MSME empowerment, the Small Industries Development Bank of India (SIDBI) has launched the Development of Industry Associations (DIA) scheme — a national initiative aimed at nurturing industry clusters by empowering the associations that...

Coal Gasification Roadshow Eyes 100 MT Target

The Ministry of Coal, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), is set to host the 2nd Roadshow on Coal Gasification – Surface and Underground Technologies in New Delhi. The event is part...

CSIR Launches ₹2,277 Cr Innovation Capacity Plan

In a major move to reinforce India’s scientific and research capabilities, the Union Cabinet has approved a ₹2,277 crore umbrella scheme aimed at nurturing research talent, providing fellowships, and enhancing knowledge-sharing across scientific communities. The scheme, titled ‘Capacity Building...

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