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Wednesday, July 15, 2026

Industry Dynamics

US-India Interim Trade Pact Targets $30T MSME Exports

India has reached a framework for an Interim Trade Agreement with the United States. Commerce and Industry Minister Piyush Goyal stated that the agreement will help both nations deepen economic cooperation and reflect shared commitments to sustainable growth for...

MSMEs Drive India’s Job Creation Engine

Micro, Small and Medium Enterprises (MSMEs) remain India’s most powerful platform for employment generation and inclusive economic growth, Union MSME Minister Jitan Ram Manjhi said, underscoring the sector’s central role in the country’s long-term prosperity. Speaking during an interaction with...

Industry Flags Key Reform Priorities Ahead of Budget 2026

As India heads into Union Budget 2026, industry leaders across sectors are calling for focused reforms to sustain growth momentum, unlock private investment, and address long-standing structural gaps. From MSMEs and startups to large enterprises, the consensus is clear:...

Rs 500 Cr Medtech Schemes Target Import Cuts

India imports nearly 70 percent of its medical devices, prompting the Department of Pharmaceuticals to reopen applications under a Rs 500 crore package launched in November 2024. The schemes target key components production and clinical studies to build domestic...

Manufacturing Drives 78% of India’s Foreign Technical Collaborations: RBI

India’s manufacturing sector continues to dominate foreign technical partnerships, accounting for 78.4% of all Foreign Technical Collaborations (FTCs) reported between FY23 and FY25, according to new data released by the Reserve Bank of India (RBI). The insights come from...

Trade Intelligence Portal Launched for MSMEs

India has introduced the Trade Intelligence and Analytics (TIA) portal, a new digital platform designed to help exporters, MSMEs, policymakers and industry bodies access real-time, consolidated trade data. The system brings together global and domestic datasets into one interface,...

MSME Pharma Units to Face Tighter Schedule M Inspections

India’s small and medium-sized pharma manufacturers are set to face tighter regulatory scrutiny, with the Central Drugs Standard Control Organisation (CDSCO) directing state authorities to conduct inspections under the revised Schedule M manufacturing norms. The move marks the end...

Veloce Fintech Launches ₹300 Crore Fund to Support MSMEs and Startups

Veloce Fintech, the fintech division of Lemon Group, has announced the launch of its second structured capital fund aimed at supporting India’s micro, small, and medium enterprises (MSMEs) and emerging startups. With a target corpus of ₹300 crore, the...

PLI 1.2 Launched to Boost Specialty Steel Innovation

In a major boost to India’s industrial transformation, Union Minister for Steel and Heavy Industries H.D. Kumaraswamy launched the third round — PLI 1.2 — of the Production Linked Incentive (PLI) Scheme for Specialty Steel on November 4, 2025....

Walmart Vriddhi Partners with Haryana to Empower MSMEs

Walmart Vriddhi, in collaboration with the Ideas to Impact Foundation and the Government of Haryana, hosted the MSME Connect 2025 event in Panipat to promote entrepreneurship and strengthen small business growth under the Walmart Vriddhi Supplier Development Program. The...

Latest News

India and Australia Launch New Cyber and Technology Partnership

India and Australia have launched a new strategic partnership to deepen cooperation on cybersecurity, critical technologies and resilient supply...