Prime Minister Narendra Modi on Tuesday emphasized the need for innovative credit delivery models to provide timely and low-cost financing to over six crore MSMEs across India. Speaking at a post-Budget webinar on MSMEs, he announced that five lakh...
India is making major strides in electronics manufacturing, with the country now exporting high-end electronic components to global markets, Union Minister for Railways, Electronics, and IT Ashwini Vaishnaw said in a post on X (formerly Twitter).
Highlighting the government’s push...
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...
In a notable stride towards supporting micro, small, and medium enterprises (MSMEs), the Uttar Pradesh government, led by CM Yogi Adityanath, has announced the rollback of land conversion charges imposed on industrial activity over agricultural land.
Efforts to Boost Local...
The COVID-19 pandemic, an unprecedented global crisis, sent shockwaves through economies, with India being no exception. Among the most affected entities were the Micro, Small, and Medium Enterprises (MSMEs), often hailed as the lifeblood of the Indian economy. As...
International MSME Day celebrates all fellow startup founders, business owners, and micro businesses to acknowledge their helping hand towards the country and making the globe a better place to live. Micro, Small, and Medium ventures have grown tremendously since...
Small and medium enterprises (MSMEs) are the backbone of the Indian
economy, contributing significantly to employment generation and GDP
growth. However, MSMEs face numerous challenges, such as lack of
access to finance, technology, and skilled labor, which hinder their
growth and sustainability. They...
It is well known fact that MSME’s and SME’s contribution to the country’s
GDP is growing every year and this includes Micro, medium and small
scale industries. It also includes industries based in rural areas, agro
based Small Business and Business Financing,...
Adaptability in business operations is becoming an important part of a
company's success, especially in the MSME (Micro, Small and Medium
Enterprises) sector. MSMEs play a crucial role in the growth and
development of the Indian economy and the adoption of new
technology...
Small and medium-sized enterprises (MSMEs) in India are the backbone
of the country's economy, contributing to about 45% of India's total
industrial output and employing around 120 million people. However,
the COVID-19 pandemic has resulted in unprecedented disruptions to
the retail industry, putting...
