Madhya Pradesh has set an ambitious goal to double its startup ecosystem to 10,000 enterprises within the next five years, MSME Minister Chaitanya Kumar Kashyap announced on February 25 at the Madhya Pradesh Global Investors Summit (MP GIS) 2025.
New...
The total loan amount disbursed under operative Kisan Credit Card (KCC) accounts has more than doubled in the last decade, rising from ₹4.26 lakh crore in March 2014 to ₹10.05 lakh crore in December 2024. This surge highlights improved...
The Reserve Bank of India (RBI) has proposed a significant policy shift that would eliminate foreclosure charges on floating-rate loans for individual borrowers and Micro, Small, and Medium Enterprises (MSMEs). This move aims to create a more borrower-friendly lending...
The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has submitted its pre-state budget memorandum for 2025-26, calling for investment revival, industrial infrastructure development, and a dedicated MSME policy. The recommendations emphasize the distinct challenges faced by micro...
India’s food processing sector is poised for unprecedented expansion, with its market size projected to grow from $307 billion in 2023 to $700 billion by 2030, according to a report by the PHD Chamber of Commerce and Industry (PHDCCI)....
The Confederation of Indian Industry (CII) Pune chapter has announced a series of workshops across western Maharashtra to support micro and small enterprises (MSMEs) in overcoming key business challenges. The initiative aims to help entrepreneurs scale their operations, improve...
Micro, Small, and Medium Enterprises (MSME) are the backbone of India's economy, contributing significantly to employment and industrial output. The government has prioritized financial inclusion for these enterprises, with schemes aimed at formalizing operations and easing access to credit....
In a first-of-its-kind initiative, Ludhiana is set to open a dedicated outlet for the promotion, display, and sale of products made by micro, small, and medium enterprises (MSMEs) and self-help groups (SHGs). This outlet will be established within the...
Indian electric aircraft startup The ePlane Company has secured a non-binding agreement to supply 788 electric vertical takeoff and landing (eVTOL) air ambulances to ICATT, a leading air ambulance service provider. The deal, valued at over $1 billion, is...
The Ministry of Skill Development and Entrepreneurship (MSDE), National Skill Development Corporation (NSDC), and Intel India have launched the ‘AI for Entrepreneurship’ micro-learning module to equip 1 lakh young innovators with artificial intelligence (AI) skills by 2025. The programme...
