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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

Gujarat witnesses 41% growth in MSME sector

  • 01-Dec-2018

Speaking at FICCI’s National Executive Committee Meeting, Vijay Rupani said that the state has been focusing in the Startups, SMEs and job creation in major way.... Read More

Gujarat witnesses 41% growth in MSME sector

  • 12-Nov-2018

The state is encouraging SMEs and job creation in a big way, said Gujarat CM Vijay Rupani at FICCI NECM... Read More

DIPP seeks industry inputs to increase local content in govt procurement

  • 06-Jun-2018

FICCI to submit the list of products that industry supplies to Government/PSUs along with the major raw materials/inputs/components/sub-assemblies of each of these supplied products ... 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

Government to improve working and living conditions of unorganised workforce

  • 21-May-2018

Minister of State for Labour and Employment (Independent Charge), Santosh Kumar Gangwar, said recently that the government was working on a policy to improve the working and living conditions of the 400 million labour force in the unorganised sector.... Read More

Foreign companies must invest in India's growing Technical Textile: Anant Kumar Singh

  • 21-May-2018

Secretary, Ministry of Textiles, Anant Kumar Singh said that the current Indian Technical Textile sector has to develop a lot and this can be done only by more and more Indian and foreign companies investing in this sector.... Read More

Innovation is essential to reduce production cost

  • 01-May-2018

Santosh Mandlecha, President of Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) – which play a significant role in accelerating the industrial and economic development in the state, Cotton Monopoly Purchase System... Read More

Industry Chambers must become a two-way channel between industry and government: FICCI President Rashesh Shah

  • 16-May-2018

FICCI President Rashesh Shah said recently at a National Executive Committee meeting held in Chennai, that, Industry Chambers' role must change now from just a one-way channel for facilitating the industry's needs through government to also ensuring that the government and people's expectations and needs are also translated into reality.... Read More

Make’ to ‘Design’ in India: An emerging paradigm

  • 26-Apr-2018

As the world recognises the true potential of India in engineering and manufacturing acumen, many products across industries will soon bear the note saying ‘Designed and Manufactured in India’, says Vikas Khanvelkar.... Read More

Government announces creation of a dedicated defence and aerospace SME fund

  • 16-Apr-2018

Secretary, Department of Defence Production, MoD, Dr. Ajay Kumar announced recently the creation of a dedicated defence and aerospace SME fund, registered with SEBI where minority stake could be taken by investors.... Read More

Inefficient logistics impacting competitiveness of Indian products

  • 11-Apr-2018

Minister of State for Commerce & Industry, C R Chaudhary said that India is losing 14% of GDP due to inefficient logistics which impacts the competitiveness of Indian products.... Read More

GST had a positive impact on the businesses' logistics, observed FICCI

  • 19-Feb-2018

FICCI conducted a survey of enterprises post the implementation of GST in the months of November 2017 to January 2018 to have a reality check of various issues being faced by the industry with the transition to GST regime. Both MSME and large corporates have participated in the survey and shared their first-hand experiences with GST implementation in the first six months since its implementation.... Read More

New MSME classification to create a level playing field: FICCI

  • 12-Feb-2018

FICCI has welcomed the Central Government's decision to change the criteria of classification of micro, small and medium enterprises (MSMEs) from ‘Investment in plant & machinery and equipment’ to ‘annual turnover’.... Read More