Haryana Chief Minister Nayab Singh Saini has credited the state's MSME sector with creating over 15 lakh jobs for youth, reinforcing its role as a key pillar of the state’s economic growth. Speaking at a workshop under the Aatmanirbhar...
India’s pharma industry has witnessed a significant turnaround in recent years, transitioning from struggling public sector undertakings (PSUs) to becoming a net exporter of bulk drugs and a hub for indigenous medical innovation.
Thanks to the government’s Make in India...
In a move aimed at simplifying India's trade and regulatory ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has launched a comprehensive HSN Code Guidebook, assigning over 12,000 Harmonised System of Nomenclature (HSN) codes to 31...
The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed the appointment of a third-party consulting agency to review tenders issued by central government procuring entities. The agency will scrutinize these tenders for compliance with the Public...
India has once again proven the resilience and adaptability of its ecosystem. According to the latest estimates, the country’s total exports—including both merchandise and services—reached $820.93 billion in FY 2024–25, registering an impressive 5.5% growth over the previous year’s...
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...
