The Indian government has disbursed ₹14,020 crore under its Production-Linked Incentive (PLI) schemes across 10 key sectors, a major push in its plan to boost domestic manufacturing and exports, according to a recent statement from the Ministry of Commerce...
While many Indian states have shown limited progress in tapping into the government’s Self-Reliant India Fund (SRI Fund), Karnataka has emerged as the most proactive, securing investments for 151 MSMEs—the highest in the country.
The update was shared in the...
In a significant push to strengthen India’s startup landscape, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed an MoU with Kyndryl Solutions Pvt Ltd to support startups in manufacturing and IT sectors. The collaboration aims...
India’s micro, small and medium enterprises (MSMEs) in the IT and services sector are poised to play a central role in achieving the country’s ambitious $450 billion services export target, according to Union Minister Piyush Goyal. Addressing industry leaders...
The Karnataka government has chosen 101 startups for funding under ELEVATE 2024, a flagship initiative designed to support early-stage businesses. Out of 960 applicants, the selected startups will receive a share of the ₹25 crore grant to accelerate their...
The Tamil Nadu government has introduced a ₹20,000 subsidy for gig workers purchasing electric scooters, marking a significant step toward promoting electric mobility and supporting the gig economy. This initiative, part of the state’s 2025-26 Budget, will initially benefit...
As India pushes forward in its journey to become a global innovation powerhouse, Startup Mahakumbh 2025 is set to play a pivotal role in shaping the country’s entrepreneurial future. The highly anticipated event, themed ‘Startup India @ 2047—Unfolding the...
The State Bank of India (SBI) has introduced ‘SBI Asmita’, a collateral-free digital SME loan designed to support women entrepreneurs in expanding their businesses. The bank also unveiled the ‘Nari Shakti’ platinum debit card, catering to the diverse financial...
Delhi Health Minister Pankaj Singh announced that registrations for the Ayushman Bharat scheme will commence after March 8, marking a major step in expanding healthcare access in the national capital. The Delhi government is set to sign a Memorandum...
Prime Minister Narendra Modi on Tuesday emphasized the need for innovative credit delivery models to provide timely and low-cost financing to over six crore MSMEs across India. Speaking at a post-Budget webinar on MSMEs, he announced that five lakh...
