India’s push to establish itself as a global artificial intelligence hub has gained further momentum as the Ministry of Electronics and Information Technology (MeitY) announced the selection of 10 startups for the second cohort of the IndiaAI Startups Global...
Adopting lean, green, and quality-driven practices is no longer optional for India’s MSMEs — it is vital for their survival and long-term growth, said Sandeep Kishore Jain, President of the Federation of Indian Micro, Small and Medium Enterprises (FISME).
Speaking...
Micro, Small, and Medium Enterprises (MSMEs) continue to serve as a critical pillar of India’s economic progress, contributing around 40% to the nation’s total production and exports. Union Minister of State for MSMEs, Shobha Karandlaje, highlighted this during the...
India’s services sector continued its strong performance in September 2025, with the HSBC India Services Purchasing Managers’ Index (PMI) holding firm at 60.9, according to data released by S&P Global. While marginally lower than August’s figures, the PMI remains...
Odisha is accelerating its transition from a resource-driven economy to a knowledge-based industrial hub, with a strong push into next-generation sectors like chemicals, petrochemicals, semiconductors, apparel, shipbuilding, and renewable energy. This strategic shift is being led by Sampad Chandra...
India is taking significant steps to double its textile exports by 2030, with the recently signed India–UK Comprehensive Economic and Trade Agreement (CETA) emerging as a key growth driver. A high-level delegation, led by Neelam Shami Rao, Secretary, Ministry...
In a landmark moment for the Himalayan region, Nima Goos Goos — a women-owned and women-led food startup based in Ladakh — has become the first enterprise of its kind from the state to raise equity funding.
The company, which...
India is setting its sights on doubling textile exports by 2030, with the newly signed India–UK Comprehensive Economic and Trade Agreement (CETA) expected to unlock fresh growth opportunities. The Ministry of Textiles announced this target during a high-level trade...
The Madhya Pradesh Industrial Development Corporation (MPIDC) has announced the development of a new multi-product industrial area spanning over 476 hectares in Dewas and Shajapur districts. The initiative is part of a broader strategy to attract large-scale industries, MSMEs,...
The World Trade Organization (WTO), in its newly released World Trade Report 2025, forecasts that Artificial Intelligence (AI) could lead to a 40% jump in global trade by 2040 — opening massive opportunities for MSMEs in emerging economies like...