The Madhya Pradesh government is planning to develop 81 new industrial areas across the state to create a bigger land bank for micro, small and medium enterprises. The move is aimed at expanding industrial activity, supporting local entrepreneurs and...
Veloce Fintech, the fintech division of Lemon Group, has announced the launch of its second structured capital fund aimed at supporting India’s micro, small, and medium enterprises (MSMEs) and emerging startups. With a target corpus of ₹300 crore, the...
In a major boost to India’s industrial transformation, Union Minister for Steel and Heavy Industries H.D. Kumaraswamy launched the third round — PLI 1.2 — of the Production Linked Incentive (PLI) Scheme for Specialty Steel on November 4, 2025....
The Government of India has approved the first batch of seven projects under the Electronics Manufacturing Components Scheme (ECMS), representing a total investment of ₹5,532 crore. The move aims to transform India’s electronics ecosystem from product assembly to full-fledged...
Karnataka’s economy—stretching from coffee plantations in Coorg to tech corridors in Bengaluru—has received a major boost through the latest GST rate rationalisation. The reforms span multiple sectors, including agriculture, manufacturing, handicrafts, and technology, reducing prices by 5–12% across essential...
In a major step toward empowering women in business, Delhi Chief Minister Rekha Gupta has announced a new scheme offering collateral-free loans of up to ₹10 crore for entrepreneurs, with a special focus on women-led enterprises.
The initiative, unveiled at...
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...
In a move aimed at improving access to affordable finance for micro, small and medium enterprises (MSMEs), the National Small Industries Corporation (NSIC) has signed a Memorandum of Understanding (MoU) with Bank of Baroda under its MSME Credit Facilitation...
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 micro, small and medium enterprises (MSMEs) may find fresh momentum in the government’s latest overhaul of the Goods and Services Tax (GST) regime. With over 66 million enterprises forming the backbone of India's economy, the simplified framework is...
