NITI Aayog has released "Realising the Export Potential of India's Sports Equipment Manufacturing Sector," proposing Rs 7,500 crore investments between 2027 and 2031 to strengthen MSME-dominated production and capture a larger global share. Currently at USD 275 million (0.5%...
The Ministry of Micro, Small, and Medium Enterprises (MSME) continues to fortify India's MSE ecosystem through targeted cluster programmes, with Rs 438.94 crore disbursed over the past five years for Common Facility Centres (CFCs) under the MSE-Cluster Development Programme...
India's government has overhauled the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to streamline financing for manufacturing expansions and exports, directly supporting Budget 2025-26 goals for economic growth. Introduced in January 2025 and now revised based on stakeholder input...
Launched in April 2015 by the Department of Financial Services, Pradhan Mantri Mudra Yojana (PMMY) continues to democratise credit access by providing collateral-free loans up to ₹20 lakh through scheduled commercial banks, NBFCs and microfinance institutions to individuals launching...
Commerce and Industry Minister Piyush Goyal announced that India has successfully concluded nine free trade agreements with 38 countries, granting Indian businesses preferential access to nearly two-thirds of global trade flows. Speaking at the 27th EY Entrepreneur Of The...
The Ministry of Commerce and Industry's Department for Promotion of Industry and Internal Trade (DPIIT) issued a notification on 4 February 2026, fundamentally updating the criteria for startup definition and recognition in India. These new rules replace the 2019...
India is intensifying reforms ahead of the World Bank's Business-Ready (B-READY) assessment scheduled for release in 2026. The Department for Promotion of Industry and Internal Trade (DPIIT) notes significant structural improvements over the past decade, with India climbing 79...
Budget 2026 has raised the allocation for the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme (PMFME) to Rs 1,700 crore from Rs 1,500 crore, while launching an Integrated Textiles Programme with a five-component framework for apparel, fabric...
Budget 2026 has announced major tax and compliance relief measures for startups and MSME founders, extending the profit-linked tax holiday for eligible startups and permanently abolishing angel tax on equity investments. The measures are aimed at improving access to...
Budget 2026 has announced a nationwide collateral-free term-loan programme for first-time entrepreneurs and expanded invoice-discounting access for micro enterprises through the Trade Receivables Discounting System (TReDS), in a combined push to widen early-stage and working-capital finance for new and...
