NSIC sets Rs 410 crore raw material disbursal credit target for MSMEs in Maharashtra
National Small Industries Corporation Ltd (NSIC) has set a target to offer Rs 410 crore as raw material credit against bank guarantee in the current financial year 2022-23 to...
Indian MSMEs may have access to USD 3.7 trillion market at Connect India digital...
Micro, small and medium enterprises (MSMEs) will have access to USD 3.7 trillion market at the Connect India International Trade Show that will go live online from August 1...
NASSCOM, MeitY and Gujarat Govt inaugurate world’s first Smart Manufacturing Competency Centre in Ahmedabad
IT Industry body NASSCOM's Centre of Excellence - IoT and AI in collaboration with Ministry of Electronics and Information Technology (MeitY) and Department of Science and Technology, Government of...
South Africa seeks Indian investments in their Special Economic Zones
Indian enterprises can shorten their lead time to access the African markets to three days from current eight days by investing in South African Special Economic Zones, a top...
Surge in raw material price, poor digitisation impacts SMEs in Foundry Industry
If the impact of Covid-19 was not enough, SME's in the Foundry Industry are facing troubles due to surge in raw material prices and a lack of technological advancement.
India’s adoption of Industry 4.0 to assist the manufacturing sector contribute 25% of GDP...
In India, MSMEs (Micro, Small and Medium Enterprises) account for 33% of manufacturing production and 45-50% of exports in industries such as textiles, food processing, chemicals, and electrical and...
Budget 2022: Govt to revamp National Skill Qualification Framework, focus on digital ecosystem for...
Skilling programmes and partnership with the industry will be reoriented to promote continuous skilling avenues, sustainability, and employability.
Budget 2022: Govt to roll out Rs 6000 cr programme to rate MSMEs
Finance Minister Nirmala Sitaraman in her budget announcement said that a Rs 6000 crore programme will be rolled out over the next five years to rate MSMEs. To promote...
PSU Bill Discounted Invoices a concern – The Finance Ministry
Dr Bhagwat Kishanrao Karad, the Central Minister of State for Finance, on Thursday post releasing a paper titled "Enhancing MSME Competitiveness through Digital Modes of Financing, stated “It is...
The BSESME and Startup Platform market capitalization crosses Rs. 50,000 crores.
The BSESME and Startup Platform on Friday crossed the Rs. 50,000 crore mark, bringing the platform's total value to Rs. 50,536 crores, up from Rs. 10,000 crores in December...
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Paisabazaar closes its largest Working Capital loan of Rs 4.5 Crore...
Paisabazaar is said to have closed its largest working capital loan of Rs 4.5 crore, it said in a statement. The working...
