India’s exporters grapple with liquidity squeeze : CII
NEW DELHI : Indian exporters are grappling with significant liquidity challenges due to high interest rates and a decline in export finance, which are undermining their competitiveness, according to Sanjay Budhia, Chairman of the
2024 Year End Review – Ministry of MSME
NEW DELHI : Micro, Small and Medium Enterprises (MSME) sector, with more than 6.30 crore enterprises, has emerged as a highly vibrant and dynamic sector of the Indian economy, fostering entrepreneurship and generating employment
DPIIT 2024 Year End Review
NEW DELHI : From achieving milestones under the PLI Scheme to boosting startup ecosystems, streamlining logistics, and enhancing FDI inflows, Department for Promotion of Industry and Internal Trade (DPIIT) has played a pivotal role
Gujarat’s low utilization of central funds for MSME development raises concerns
NEW DELHI : Despite being a leading state for micro, small, and medium enterprises (MSMEs), Gujarat has been criticized for its poor utilization of central government grants meant for MSME development. According to official
Reverse Buyer-Seller Meet by the T.N. Government to boost exports
COIMBATORE : The Tamil Nadu Government will conduct reverse buyer-seller meets in major cities every six months, said T.M. Anbarasan, the State’s Minister for MSMEs. In a major initiative to strengthen Tamil Nadu’s position as
DGTR suggests anti-dumping duty on Chinese drawer sliders to protect MSMEs
NEW DELHI : The commerce ministry’s investigation arm DGTR has recommended an anti-dumping duty of USD 422 per tonne on Chinese drawer sliders with a view to guard MSME units. In its findings, the
RBI proposes no Foreclosure Penalty on MSMEs loans
NEW DELHI : Micro and Small Enterprises (MSEs) will now be able to prepay loans without paying foreclosure penalty. Banks and NBFCs are not permitted to levy foreclosure charges or prepayment penalties on any floating rate term
India SME Forum launches ‘Start Exporting in Eight Weeks’ programme
BENGALURU : India SME Forum (ISF), a not-for-profit organisation for Small and Medium Enterprises (SMEs), launched a programme on Saturday titled “Start Exporting in Eight Weeks“, to work with e-commerce export leaders like Amazon