In a significant move to bolster the Micro, Small, and Medium-scale Enterprises (MSMEs) sector, the Central Government of India has initiated a strategic project to develop a technology centre in Coimbatore. This initiative, with an impressive budget of ₹167.82...
India's food processing sector is poised for significant expansion, projected to reach USD 535 billion by 2025-26, as outlined by Anita Praveen, Secretary of the Ministry of Food Processing. During the FICCI Scientific Symposium on 'Processed Foods for Purpose,'...
In an unexpected turn of events, India's vibrant startup ecosystem encountered its first hiccup in growth since 2017, marking a slight decline in the number of unicorns - startups valued at $1 billion or more. According to the latest...
The rollout of the Goods and Services Tax (GST) over six years ago under Prime Minister Narendra Modi's administration has left a lasting impact on India's economic landscape, particularly among micro, small, and medium enterprises (MSMEs). As the nation...
The Indian tourism and hospitality sector, embodying the country's rich cultural and natural heritage, plays a pivotal role in its economic growth. This sector, recognized as a key component of the "Make in India" initiative, has been earmarked for...
In the vibrant industrial landscape of Tamil Nadu, Micro, Small and Medium Enterprises (MSMEs) stand as the linchpin, driving economic growth and innovation. Yet, as the Lok Sabha elections loom, these critical players are rallying for relief and reforms...
In the realm of industrial and technological advancements, Haryana is taking bold strides to redefine its position on India's economic map. Traditionally celebrated for its industrial prowess, the state is now embarking on an ambitious journey to become a...
India stands on the brink of an agrarian revolution, not of the kind that reshapes landscapes with plows and oxen, but one that harnesses the power of technology to usher in a new era of agricultural prosperity. As the...
As the manufacturing sector continues to evolve, the MSME Competitive (LEAN) Scheme stands out as a beacon for Micro, Small, and Medium Enterprises (MSMEs) aiming for efficiency and competitiveness in the future. Initiated by Narayan Rane, the Union Minister...
With the clock ticking towards the April 1 deadline, MSMEs are hustling to revise their agreements with traders and buyers in anticipation of the new 45-day payment rule. The lack of deliberation has led to apprehensions among MSMEs regarding...
