Micro, Small and Medium Enterprises (MSMEs) remain India’s most powerful platform for employment generation and inclusive economic growth, Union MSME Minister Jitan Ram Manjhi said, underscoring the sector’s central role in the country’s long-term prosperity.
Speaking during an interaction with...
As India heads into Union Budget 2026, industry leaders across sectors are calling for focused reforms to sustain growth momentum, unlock private investment, and address long-standing structural gaps. From MSMEs and startups to large enterprises, the consensus is clear:...
India has expanded export incentives to shipments sent through the postal channel, a move expected to significantly ease cross-border trade for micro, small and medium enterprises (MSMEs), artisans and small exporters who rely on low- and mid-value international consignments.
The...
India’s MSME sector has long struggled with fragmented access to schemes, financial linkages, and national marketplaces. To address this gap, the National Industries Research and Development Council (NIRDC) has launched InDApp, a unified digital platform designed to streamline how...
A high-level government panel has urged the cancellation, suspension, and deferment of Quality Control Orders (QCOs) covering more than 200 products, warning that the expanding scope of mandatory standards has increased compliance costs for manufacturers, disrupted supply chains, and...
India’s Micro, Small and Medium Enterprises (MSMEs) continue to drive national growth—accounting for 30% of GDP, 45% of exports, and employing over 240 million people—but a new report by Deloitte India reveals a widening productivity gap caused by deep-rooted...
The Government e-Marketplace (GeM) has intensified its collaboration with the Government of Madhya Pradesh to strengthen the State’s adoption and utilisation of India’s national e-procurement platform. The move aligns with the Union Government’s broader strategy to ensure that all...
The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its detailed pre-budget recommendations for FY 2026–27 to Arvind Shrivastava, Revenue Secretary, Department of Revenue, Ministry of Finance, at Kartavya Bhawan.
The high-level delegation included Saket Dalmia (Former President), Dr....
The Ministry of Defence has rolled out the Defence Procurement Manual (DPM) 2025, introducing a 25% product reservation for Micro and Small Enterprises (MSMEs) and offering major relaxations for start-ups recognised by the Department for Promotion of Industry and...
India’s Unified Payments Interface (UPI) has achieved a new milestone, crossing 500 million consumers and 65 million merchants nationwide, according to a joint report by the National Payments Corporation of India (NPCI) and the Boston Consulting Group (BCG). The...
