MSME

The Uttarakhand government should establish Enterprise Development Centres (EDCs) to support and sustain entrepreneurs in the Micro, Small, and Medium Enterprises (MSME) sector, according to a study conducted by the MSME Export Promotion Council (MSME EPC). The report highlights...

The Small Industries Development Bank of India (SIDBI) has signed a $100 million credit facility agreement with the French Development Agency (AFD) to enhance green financing for India's micro, small, and medium enterprises (MSMEs). The initiative aims to support...

The Micro, Small, and Medium Enterprises (MSME) department in Madhya Pradesh has allocated plots to more than 40 small-scale industries in the Morkha industrial area of Neemuch district. This initiative aims to foster industrial growth in the region, attracting...

The Federation of All India Vyapar Mandal (FAIVM) is set to urge the new NDA government to extend the time period for payments to MSMEs from their buyers to up to 180 days from the current 45 days. This...

The Telecom Centre of Excellence India (TCoE), under the Department of Telecom, has called for proposals. They seek to survey MSMEs to understand their challenges in adopting advanced technologies. The goal is to find out what support MSMEs need...

The Confederation of Indian Industry (CII), in collaboration with Mastercard’s Centre for Inclusive Growth, is spearheading a digital revolution for micro, small, and medium enterprises (MSMEs) in West Bengal through Project Digital Saksham. This initiative, targeting Kolkata, Hooghly, South...

The Finance Ministry is deliberating a potential deferment of an MSME payment Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days. This amendment, introduced via the Finance Act of 2023, aims to...

Tamil Nadu’s Micro, Small and Medium Enterprises (MSME) Minister T.M. Anbarasan launched the Tamil Nadu Incubator Maturity Model (TNIMM) report during the Tamil Nadu Start-up Incubators Summit held in Chennai. This framework aims to assess and elevate start-up incubators...

The Indian MSME (Micro, Small, and Medium Enterprises) sector has experienced significant expansion in bank credit deployment, reflecting the government's emphasis on prioritizing lending to sectors crucial for socio-economic development.  As per the latest data released by the Reserve Bank...

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.  However, despite their vital role, MSMEs often face...