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Budget 2019-20 allocates Rs 350 cr under Interest Subvention Scheme for MSMEs

  • 05-Jul-2019

To provide domestic industry a level playing field, basic customs duty has been increased on items such as PVC, metal fitting, auto parts, optical fibre cable, CCTV camera, IP camera, etc... Read More

EEPC displays India’s manufacturing potential at Hannover Messe 2019

  • 16-Apr-2019

The organisation - along with the Ministry of Commerce and Department of Heavy Industry – took various initiatives to reach out to German companies for attracting technology and investment in India... Read More

RBI’s move to provide a much-needed boost to MSMEs: Sandip Somany

  • 04-Jan-2019

RBI’s relief window for MSMEs together with other government measures for easier and affordable access to credit should help in reviving growth of MSMEs, say FICCI... Read More

Cooperation between Indian and Taiwanese MSMEs offers huge potential

  • 20-Nov-2018

India welcomes investment both in terms of technology transfers and FDI by Taiwanese companies in Indian SMEs, said Dr Arun Kumar Panda, Secretary MSME, at the India-Taiwan SME Development Forum... Read More

NSIC opens development centre for MSMEs in Bhubaneshwar

  • 04-Sep-2018

Dharampad Bhawan, which is NSIC’s largest office building in eastern India, will provide skill development and other support to various MSMEs including SC/ST MSMEs... Read More

Tata Technologies and VDIA to set up aerospace & defence centre in Nagpur

  • 24-Jul-2018

The partnership between Tata Technologies and Vidarbha Defence Industries Association (VDIA) will promote the state as an aerospace and defence manufacturing and export hub.... Read More

Capital availability a concern for MSMEs: Opinion Poll

  • 11-Jun-2018

While CII CEOs Opinion Poll said that investments and demand are set to grow strongly and capacity utilisation is building up, it raised some concerns on credit availability especially for MSMEs ... Read More

Trade war, rising protectionism to hurt Indian MSMEs

  • 01-Jun-2018

Export-oriented industries, particularly in sectors like iron and steel, machinery and metal products, chemicals and agricultural goods, are likely to take a hit, says FICCI's Economic Outlook Survey... Read More

Easing norms for MSMEs in IBC to speedy up resolution: Rashesh Shah

  • 01-Jun-2018

According to FICCI President, while keeping errant promoters out of the bidding process for their companies is critical, it is also equally important to give a fair chance to the genuine promoters... Read More

Aye Finance disburses Rs 700 crores loans to MSMEs

  • 28-May-2018

The Gurgaon-based FinTech has disbursed 60,000 loans and emerged as a leading MSME lender in India.... Read More

Universal Robots Showcases ‘Cobots’ at AeroDef India 2018

  • 01-Apr-2018

Universal Robots showcased their products at AeroDef India 2018. The Expo was held at the Bombay Convention and Exhibition Centre, Goregaon from February 22 – 24, 2018. Universal Robots are the leading manufacturers of advanced user-friendly and light industrial robotic arms from Denmark. Their latest technological advancement is collaborative robots or ‘Cobots’ were introduced to the international market with a unique intention, which is in line with Industry 4.0. They have a wide market in the... Read More

North-East industrial development policy to incentivise MSMEs

  • 27-Mar-2018

In order to promote employment in the North East States and incentivise the MSME (micro, small & medium enterprises) sector, the Union Cabinet has approved the North East Industrial Development Scheme (NEIDS), 2017 with financial outlay of Rs 30 billion up to March, 2020.... Read More

Four banks join Invoicemart TReDS platform to facilitate MSME suppliers

  • 27-Feb-2018

Four leading banks - Standard Chartered Bank, Allahabad Bank, Vijaya Bank and Yes Bank, have joined the digital invoice discounting platform Invoicemart - promoted by A. TREDS Ltd (a joint venture between Axis Bank Ltd and B2B e-commerce company Mjunction Services Ltd).... Read More

YES Bank partners FTAPCCI to empower MSMEs to ‘scale-up’

  • 27-Feb-2018

YES Bank, India’s fourth largest private sector bank, launched a knowledge series on February 20, 2018 for top executives and promoters of micro, small and medium scale enterprises (MSMEs) in Hyderabad, in partnership with Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) to help local entrepreneurs scale their businesses to global audiences and gain competitive advantage.... Read More

Change in classification norms for MSMEs to boost growth

  • 09-Feb-2018

The Cabinet’s decision to change the criteria for classification of micro, small, and medium enterprises (MSMEs) from ‘investment in plant and machinery’ to ‘annual turnover’ is likely to give a boost to SMEs sector... Read More