The Ministry of Finance will soon convene a high-level meeting with public sector bank (PSB) chiefs to review the flow of credit to India’s micro, small, and medium enterprises (MSMEs). The session, chaired by Department of Financial Services (DFS)...
UK-based business management platform Tide has announced plans to invest ₹6,000 crore (£500 million) in India over the next five years, underscoring its growing confidence in the country’s fast-evolving small business landscape. The expansion will create over 800 new...
India’s micro, small, and medium enterprises (MSMEs) have received an estimated ₹8 trillion in credit over the past three years, marking a period of unprecedented financial inclusion for the sector. According to FICCI-CMSME President Girish Luthra, this growth reflects...
The Government of India’s Electronics Component Manufacturing Scheme (ECMS) has received an unprecedented response from both domestic and international stakeholders, with 249 applications committing to investments worth ₹1.15 trillion. This figure is nearly double the targeted investment of ₹59,350...
In a strategic move to empower India’s micro, small, and medium enterprises (MSMEs), the Federation of Indian Chambers of Commerce & Industry (FICCI) has partnered with GlobalLogic, a Hitachi group company, to launch a cutting-edge Business Resilience Platform (BRP)...
India’s 7.5 crore micro, small, and medium enterprises (MSMEs) contribute over 30% to the GDP and employ more than 110 million people. However, the next chapter of their growth story will hinge on how effectively they adopt digital technologies....
A recent report from Kinara Capital reveals that while Indian micro, small, and medium enterprises (MSMEs) are eager to adopt environmentally sustainable practices, many lack the financial support and guidance to do so. The findings indicate a strong will—but...
India’s stature in the international arena is growing stronger. A recent PRCAI–Astrum survey of Indian CEOs reveals that 93% credit the government’s efforts in enhancing India’s global image. As the country strengthens its influence in global diplomacy, trade, and...
The Engineering Export Promotion Council (EEPC) India has urged the government to take immediate steps to protect micro, small, and medium enterprises (MSMEs) impacted by the United States' recent imposition of tariffs on Indian goods. The tariffs, which came...
The PHD Chamber of Commerce and Industry (PHDCCI) has called on the Indian government to urgently address a growing GST duty inversion in the polyester textile value chain. The industry body warned that the current tax structure—where raw materials...
