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Monday, May 5, 2025

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FKCCI Seeks Separate MSME Policy, Land Allotment in State Budget

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...

MSMEs to Set India’s $700B Food Processing Growth

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)....

CII Pune Launches Year-Long MSME Training Program

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...

MSME Credit Growth Rises, But Gaps Remain

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....

Ludhiana to Open MSME, SHG Product Outlet

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...

ePlane secures $1B deal to supply eVTOL air ambulances

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...

MSDE Launches AI Programme to Train 1 Lakh Young Innovators

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...

Madhya Pradesh to Unveil MSME Policy 2025

With the Global Investors Summit in Madhya Pradesh just around the corner on February 24-25, the state government is preparing to roll out a revamped MSME policy aimed at boosting micro, small, and medium enterprises. The Madhya Pradesh Cabinet,...

FM Launches Mutual Credit Guarantee Scheme for MSMEs

In a significant boost to India’s Micro, Small, and Medium Enterprises (MSME) sector, Finance Minister Nirmala Sitharaman launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), offering collateral-free loans of up to ₹100 crore. The initiative aims to provide...

Apna.co & AID Nagpur Boost MSME Hiring in Vidarbha

In a significant move to address workforce shortages and hiring challenges for MSMEs in Vidarbha, Apna.co has partnered with the Association for Industrial Development (AID) Nagpur. The collaboration, valued at ₹60 crore, aims to support over 3,000 business associations...

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GAME and NITI Aayog Launch Local Entrepreneurship Pilots

Global Alliance for Mass Entrepreneurship (GAME) and NITI Aayog have announced a strategic partnership focused on building vibrant entrepreneurship...
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