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How Is Yogi’s MSME Push Turning Uttar Pradesh Into an Entrepreneur’s Paradise?

How Is Yogi’s MSME Push Turning Uttar Pradesh Into an Entrepreneur’s Paradise?

Uttar Pradesh is rapidly emerging as a hub of enterprise and innovation, driven by the proactive industrial policies…

Mobile users can expect relief from ‘spoof international calls’

Mobile users can expect relief from ‘spoof international calls’

New Delhi: The department of telecommunications (DoT) and mobile operators devised a system that can identify and block…

G20 member countries discuss Research Ministerial Declaration at the RIIG Summit today

G20 member countries discuss Research Ministerial Declaration at the RIIG Summit today

The Secretary, Department of Science and Technology, Dr. Srivari Chandrasekhar welcomed delegates at the G-20 Research and Innovation…

Future of manufacturing – The new discipline of industrial science

Future of manufacturing – The new discipline of industrial science

This article is authored by Vijay Gurav, industrial engineer expert and author of ‘Modern Industrial Engineering and Factory…

SMEs are the main target for cyber criminals

SMEs are the main target for cyber criminals

Gujarat Industry Development Association (GIDA) and SME Chamber of India organized an effective Vadodara Industries and SME Summit…

Recent Posts

SBI fuels PSU Banks’ profit surge to record ₹1.78 lakh crores in FY 25; contributes 40% alone

SBI fuels PSU Banks’ profit surge to record ₹1.78 lakh crores in FY 25; contributes 40% alone

BySMEConnect-DeskJun 2, 20253 min read

SBI posted a consolidated net profit of ₹77,561 crores (approximately $9.2 billion) in FY 25. According to Bloomberg data, this places SBI among the world’s most profitable companies, alongside global giants such as Alphabet, Apple, NVIDIA and JPMorgan Chase. State Bank of India (SBI), the country’s largest public sector lender, has emerged as the most […]

New credit cover for MSMEs may be extended to select services

New credit cover for MSMEs may be extended to select services

BySMEConnect-DeskJun 2, 20253 min read

The Indian Government is exploring extending its Mutual Credit Guarantee Scheme for MSMEs to specific services sectors that support local manufacturing, aiming to bridge the higher credit gap faced by…

Bank loan sanctions to MSMEs for job creation down nearly a third in FY 25

Bank loan sanctions to MSMEs for job creation down nearly a third in FY 25

BySMEConnect-DeskJun 2, 20254 min read

Bank loans sanctioned to MSMEs increased in FY 22 in the wake of the covid-19 pandemic and continued to increase till FY 24. The decline is significant since MSMEs contribute…

Govt. gearing up for 3rd electronics manufacturing cluster in U.P.

Govt. gearing up for 3rd electronics manufacturing cluster in U.P.

BySMEConnect-DeskMay 30, 20254 min read

The UP Govt. has already announced electronics manufacturing clusters along Yamuna Expressway and at Greater Noida. After announcing electronics manufacturing clusters (EMC) along Yamuna Expressway and at Greater Noida, the…

Saarathi Finance raises ₹475 crores to boost MSME lending in rural India

Saarathi Finance raises ₹475 crores to boost MSME lending in rural India

BySMEConnect-DeskMay 29, 20253 min read

TVS Capital, Lok Capital and others back newly licensed NBFC to expand credit access for underserved MSMEs in semi-urban and rural India, valuing firm at ₹900 crores. Saarathi Finance, a…