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Sunday, June 21, 2026

SMEDesk

Goyal Calls for Export-Led Growth in PLI Review

Union Commerce and Industry Minister Shri Piyush Goyal has called for a renewed national focus on self-reliance, high-quality skilling, and strategic export competitiveness in a high-level review of India’s Production Linked Incentive (PLI) Scheme. The meeting, attended by all...

MSME Credit Portfolio Rises 13% in FY25

India’s MSME sector has maintained a steady upward trajectory, with commercial credit demand growing 11% year-over-year in the Jan–Mar 2025 quarter, while portfolio growth reached 13% on the back of improved asset quality and increased originations to new borrowers. According...

New ₹20 Cr Loan Scheme for Export MSMEs by Sept

The Indian government is preparing to roll out a new credit guarantee scheme specifically aimed at export-oriented micro, small, and medium enterprises (MSMEs). Scheduled for launch by September, the scheme will enable eligible businesses to access collateral-free term loans...

Emerging Markets See Slower Growth in May

Emerging markets experienced a further dip in economic momentum in May 2025, as fresh data from S&P Global Market Intelligence’s Purchasing Managers’ Index (PMI) revealed a renewed manufacturing slowdown. The GDP-weighted emerging market PMI output index fell to 50.9...

UP to Build ₹125 Cr Flatted Factory for MSMEs

Uttar Pradesh has unveiled plans to construct a ₹125 crore "flatted factory" in Greater Noida as part of its ambitious strategy to support Micro, Small, and Medium Enterprises (MSMEs) and drive the state toward its USD 1 trillion economy...

Venture Capital Bets on AI for Smarter Investing

Venture capital firms in India are increasingly embracing artificial intelligence (AI) and automation to enhance efficiency in sourcing and managing deals. With growing workloads and a surge in startup pitches, these firms are leveraging generative AI (GenAI) tools and...

India’s MSMEs Lag in AI Adoption: BCIC

Artificial Intelligence (AI) remains significantly underutilised by India's small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in the manufacturing sector. Experts at a recent summit organised by the Bangalore Chamber of Industry and Commerce (BCIC)...

NITI Aayog Unveils Policy Blueprint for Medium Enterprises

NITI Aayog has released a detailed policy framework aimed at strengthening medium enterprises—an often-overlooked segment of India’s MSME landscape with high potential for scale, innovation, and export growth. Titled “Designing a Policy for Medium Enterprises”, the report positions this...

DGFT Lifts Restrictions on Leather Exports

India’s Directorate General of Foreign Trade (DGFT) has issued new policy reforms aimed at simplifying leather exports, with a focus on reducing compliance burdens and boosting competitiveness. The changes, announced through Notification No. 15/2025-26 on May 26, 2026, remove...

Delhi to Launch Food Incubators and Tech Labs

The Delhi government has announced the establishment of two new food incubation centres and three high-tech laboratories to support startups, micro food processing units, and emerging entrepreneurs in the capital. The announcement was made by Delhi Industries Minister Manjinder...

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