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Saturday, June 14, 2025

SMEDesk

Chhattisgarh Amends Policy to Boost Investment

The Chhattisgarh government has approved key amendments to its Industrial Development Policy 2024–30 in a bid to attract investment, boost local employment, and modernise its industrial base. The decision was finalised at a cabinet meeting chaired by Chief Minister...

India Strengthens Global Biotech Push at ICGEB Meet

India’s emergence as a global biotechnology hub was underscored at the 31st Board Meeting of Governors of the International Centre for Genetic Engineering and Biotechnology (ICGEB) held in New Delhi, attended by representatives from over 60 countries. The event...

DPIIT to Vet Govt Tenders for Make in India Compliance

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed the appointment of a third-party consulting agency to review tenders issued by central government procuring entities. The agency will scrutinize these tenders for compliance with the Public...

₹20 Cr Loan Cap Approved Under Expanded CGSS

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has announced a major expansion of the Credit Guarantee Scheme for Startups (CGSS). As per the notification, the ceiling on guarantee cover...

How Mahua Roy Is Turning Artisanal Gifting Into a Movement with Mirshika

In a world dominated by mass production, the beauty of handcrafted artistry often risks fading into the background. For Mahua Roy, Founder of Mirshika, preserving that artistry—and the livelihoods behind it—became a calling that transcended business. Mirshika was born from...

Tariff Shift Opens $100B Export Market for Indian SMEs: GTRI

Small manufacturers across India could be staring at one of the biggest export openings in years, thanks to a sharp escalation in US tariffs on Chinese imports. A new report by the Global Trade Research Initiative (GTRI) outlines how...

EV Boom Reshapes Auto Component Sector in India

The ongoing transition to electric vehicles (EV) is expected to significantly reshape India’s auto component industry, according to a recent report by Ambit Capital. While the shift to EVs poses existential risks for suppliers heavily reliant on internal combustion...

Startup Hiring in India Jumps 32%, Tier-2 Cities Shine

India’s startup ecosystem is experiencing a significant surge, with hiring up by 32% year-on-year in April 2025, signaling a strategic pivot towards sustainable and innovation-led scaling, according to a new report by jobs platform foundit (formerly Monster APAC &...

CBFTE Scheme: Financial Support for New MSME Exporters

The government’s Capacity Building of First Time MSE Exporters (CBFTE) scheme—part of the International Cooperation Scheme—is aimed at making micro and small enterprises (MSEs) more globally competitive. Under this initiative, first-time MSE exporters can claim reimbursement for specific export-related...

CAIT to Launch Nationwide Movement Against E-Commerce Giants

The Confederation of All India Traders (CAIT) has announced a three-day national conclave from May 16 to 18, to be held in Delhi and Vrindavan, Uttar Pradesh, targeting major e-commerce and quick commerce companies such as Amazon, Flipkart, Blinkit,...

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