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Telangana launches new MSME policy, allocates Rs 4,000 crore over five years for sector development

The Telangana government aims to establish over 25,000 new MSMEs in the state over the next five years

September 18, 2024 18:06 IST

Telangana launches state MSME policy; earmarks Rs 600 crore for 5 years

Telangana launches MSME policy; earmarks Rs 600 crore for 5 years

Telangana has envisaged 40 measures in the new policy to offer end-to-end support for MSMEs from starting up to growth…

September 18, 2024 14:48 IST

CGTMSE guarantee coverage for women MSMEs increased to 90%: MSME Ministry

The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85 per cent for loans…

September 17, 2024 18:25 IST

hosiery makers, revenue growth, rural demand, exports, volume growth, modern trade, operating margin, yarn prices, capacity utilisation, channel partners, inventory

$2.4 billion textile opportunity: How Bangladesh crisis could boost India’s global market share

The current political environment in Bangladesh has created significant disruptions in the textile supply chain, impacting both domestic production and…

September 14, 2024 11:46 IST

How nano enterprises are defined in India? Check criteria

Under the MSME Development Act of 2006, the classification for enterprises is based on investment in plant, machinery, or equipment,…

September 12, 2024 19:56 IST

Piyush Goyal launches Trade Connect e-platform to facilitate exporters

The platform will provide information on trade events taking place in different parts of the world, benefits available due to…

September 11, 2024 17:13 IST

make in india, indian manufacturing, china

What role manufacturing incubators for startups have in India’s quest to become $5 trillion economy

For India to be at the epicentre of the global manufacturing industry, the need to leverage the innovation capital of…

September 8, 2024 11:38 IST

Govt extends interest equalisation scheme till Sept 30 only for MSME exporters

The scheme was earlier extended till August-end for MSME exporters from June this year while the claims of non-MSME exporters…

September 4, 2024 13:04 IST

GeM: Public procurement portal crosses Rs 10 lakh crore GMV

Congratulating GeM, Commerce Minister Piyush Goyal said what makes the platform “truly special is the participation of our micro and…

September 4, 2024 12:22 IST

12 new industrial smart cities to promote MSMEs and employment generation: Piyush Goyal

The government expects 12 industrial cities to act as catalysts for achieving $2 trillion in exports by 2030 and generate…

September 3, 2024 12:31 IST

Public procurement: These central ministries want to be the biggest buyers of MSME goods in FY25

Under the public procurement policy of the government, these ministries have the highest procurement targets from MSEs for FY25.

September 2, 2024 14:10 IST

India-Singapore, trade relations, investment, partnership, FDI, economic ties, economic cooperation, Narendra Modi, diplomatic relations, manufacturing

Imports of goods like umbrellas, musical items from China hurting Indian MSMEs: GTRI

“China accounts for 29.8 per cent of India’s industrial goods imports. India must invest in deep manufacturing to cut dependence…

September 2, 2024 12:10 IST

Will appeal to PM Modi to direct PSUs to prioritise raw material purchase from MSMEs: MSME ministry

Central PSUs are mandated to purchase at least 25 per cent of their total procurement value from micro and small…

August 30, 2024 18:40 IST

Insolvency Resolution: IBBI proposes MSMEs to disclose whether Udyam registered or not

Disclosing registration status as an MSME, said IBBI in a discussion paper on August 23, will likely reduce information asymmetry…

August 25, 2024 12:20 IST

Framework for Revival, Rehabilitation: The way forward for govt, RBI, banks to help MSMEs survive, thrive

The intention of the government to support the MSMEs in their stressed time is evident from the strict timelines prescribed…

August 16, 2024 15:18 IST

Indian startups to attract $1 billion funding in 2024, 25% higher than 2023

In India, Bessemer Venture has invested in companies such as MediAssist, Swiggy, Urban Company, Bigbasket, Pharmeasy, and The Good Glamm…

August 6, 2024 15:47 IST

The Prime Minister emphasised the critical role of value addition in agriculture and highlighted the benefits of these new varieties, which promise lower input costs and increased efficiency for farmers.

PM Modi: Govt working since 2014 to ensure working capital for MSMEs, reduce compliances and taxes

Highlighting the tax relief provided to MSMEs, PM Modi said “MSMEs earning up to Rs 50 crore in 2014 had…

July 30, 2024 18:29 IST

Share of MSME sector recovered to 30% in India’s GDP but still below pre-Covid levels: Govt data

For the uninitiated, former MSME Minister Nitin Gadkari in 2020 had targetted 40 per cent share of MSMEs in GDP by 2025…

July 25, 2024 13:34 IST

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