The Indian government is revamping the Production Linked Incentives (PLI) scheme to provide robust support to Micro, Small, and Medium Enterprises (MSMEs). This comprehensive overhaul includes relaxing fund release norms, adding new sectors to the scheme, and extending benefits...
The Central Government is actively considering implementing incentives to accelerate the adoption of electric heavy commercial vehicles (e-HCVs) across crucial sectors like mining, steel, and cement manufacturing. This move aims to reduce the heavy reliance on diesel-powered HCVs, which...
March 15, 2024: India's resilience in the face of global uncertainties is exemplified by its robust merchandise exports, which have reached a historic high in the current financial year. Despite challenging economic conditions worldwide, India recorded its highest-ever goods...
The Apparel Export Promotion Council of India (AEPC) to boost its exports through sustainable manufacturing practices in garment division across India.
Manufacturing process require huge amount energy and natural resources and that accounts to be a costly affair and sometimes...
Yes Bank Launches Yes Kiran lending scheme that involves Solar solution initiative for MSME's to increase sustainability through Solar power consumption.
Yes Bank has forged Collaboration with OEM’s (original equipment manufacturing) companies and organizations who are offering Solar solutions and...
Veira Group, India's largest ODM for Smart TVs, has increased its semi-automatic washing machine and air cooler production capacity from 0.3 to 1 million units annually. The Group's 5-year plan also includes adding small appliances to its manufacturing basket.
A...
The MSME (LEAN) scheme has been revamped in order to reduce wastage in manufacturing process in the MSME sector. The measures adopted by the government with an increased subsidy limit to 90% from earlier 80% on implementation cost of...
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,...
As per recent reports of NSS the number of Employment Opportunities generated by MSME and SME’s amounted to (number of persons) in micro enterprises during the year 2016-17, 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22 (as on 15.11.2021) are 4.08...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
