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Only 3 foreign manufacturing cos. set up shop in India in FY25
Despite Government initiatives to boost domestic manufacturing, only three foreign manufacturing companies established operations in India during fiscal…
PMEGP Loan of Rs.298.44 crore sanctioned and PMEGP Margin Money subsidy of Rs.100.16 Crore disbursed in Bhiwani,Haryana
Chairman, Khadi and Village Industries Commission Shri Manoj Kumar released margin money grant of Rs.100.16 crore in favour…
India has taken a lead in Preventive and Integrated Healthcare under the leadership of PM Modi, says Dr Jitendra Singh
Union Minister Dr Jitendra Singh proposes upskilling medicos with AI, Quantum and other newer technologies to meet the…
Smaller size, fewer disclosures, light scrutiny make SME IPOs risky bets
The market regulator recently halted the listing of shares of Trafiksol ITS Technologies, whose initial public offering (IPO)…
Union Minister Dr Jitendra Singh says, ‘herSTART’, a platform to encourage women entrepreneurs inaugurated recently
Government has launched a monthly allowance of ₹20,000 for up to one year for women-led Startups: Dr Jitendra…
India’s quest for a key spot-on global manufacturing map
India still needs to cover some distance before manufacturing can contribute 25% of GDP. This next leap requires…
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Over 5,900 MSMEs Shut in Gujarat Amid Economic Pressures
Ahmedabad: Gujarat, known for its industrial prowess, faces a stark challenge with the closure of 5,974 micro, small, and medium enterprises (MSMEs) between July 2020 and November 2024. Data from the Union Ministry of Commerce and Industries, presented in Parliament, places Gujarat third in MSME closures after Maharashtra (15,220) and Tamil Nadu (7,894) during the […]
Govt Drives Defence Tech Innovation with MSMEs, Startups
The government is accelerating India’s transformation into a defence technology hub by actively involving MSMEs, startups, and academia in projects worth Rs 1,264 crore. Minister of State for Defence Sanjay…
Why Income Tax Department has introduced new PAN 2.0 Project
The Union Cabinet approved the PAN 2.0 Project on Monday to make PAN the “single source of truth and data consistency”. With PAN already linked to Aadhaar, it is expected…
INDIA MANUFACTURERS & SME SUMMIT – PUNE
Padma Vibhushan Dr. R. A. Mashelkar – Former Director General, Council of Scientific & Industrial Research (CSIR) inaugurating the INDIA MANUFACTURERS & SME SUMMIT on 22nd November 2024 at Pune…
Finance Minister Boosts MSME Lending with Rs 1.5 Lakh Crore Increase in Public Sector Bank Targets for FY25
Finance Minister Nirmala Sitharaman has raised the lending target for public sector banks to micro, small, and medium enterprises (MSMEs) by nearly 35% for the current financial year, setting a…
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