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SME MANUFACTURERS AND EXPORTERS SUMMIT – PALGHAR

SME MANUFACTURERS AND EXPORTERS SUMMIT – PALGHAR

Welcome Address by Mr. S. Maheshkumar – Director, SME Chamber of India and Maharashtra Industry Development Association Mr.…

India’s electronic manufacturing services market to reach $72.2 billion in FY27: Report

India’s electronic manufacturing services market to reach $72.2 billion in FY27: Report

According to the report by Motilal Oswal Financial Services, to further boost localisation and value addition in India,…

Over 5,900 MSMEs Shut in Gujarat Amid Economic Pressures

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,…

4.05 lakh businesses based in State closed since GST rollout

4.05 lakh businesses based in State closed since GST rollout

Ahmedabad: While the goods and services tax regime aimed at improving business ease and simplifying taxes, some 4.05…

Private companies have to notify vacancies or face fine: Maharashtra Govt

Private companies have to notify vacancies or face fine: Maharashtra Govt

As Lodha shared a detailed plan of action for the next 100 days, he also announced that the…

India’s Inspiring Entrepreneurs to Look Out For in 2025

India’s Inspiring Entrepreneurs to Look Out For in 2025

These are the names to watch, the stories to follow and the journeys that inspire: Entrepreneurship in India…

Recent Posts

Govt sets higher MSME lending target of Rs. 27.5 lakh crores for FY25

Govt sets higher MSME lending target of Rs. 27.5 lakh crores for FY25

BySMEConnect-DeskSep 23, 20241 min read

The FY25 target is over 10% more than the previous year’s lending. The Secretary noted that the Government was looking to extend more support to MSMEs in line with the Budget announcements. The Union Government has set a higher target for MSMEs lending for FY25 at Rs 27.5 lakh crores, over 10% higher than the […]

India Aims for USD 825 Billion Exports: Goyal:

India Aims for USD 825 Billion Exports: Goyal:

BySMEConnect-DeskSep 23, 20244 min read

India’s Commerce Minister, Piyush Goyal targets USD 825 billion in exports this fiscal, despite global challenges. He also outlines plans to attract foreign investments through single-window platforms and industrial townships.…

Govt caps interest subvention amount at Rs 5 crores per IEC for MSME manufacturers

Govt caps interest subvention amount at Rs 5 crores per IEC for MSME manufacturers

BySMEConnect-DeskSep 21, 20242 min read

In a trade notice on September 17, the Directorate General of Foreign Trade (DGFT) announced the amendment under the Interest Equalization Scheme (IES) with immediate effect “for rationalization of the…

Advance tax collection for H1 swells 22.6% to Rs 4.36 lakh crores

Advance tax collection for H1 swells 22.6% to Rs 4.36 lakh crores

BySMEConnect-DeskSep 21, 20242 min read

Advance tax collections in India increased by 22.61% to ₹4.36 lakh crores in the first half of the current financial year, indicating strong corporate performance and a robust economy. Net…

Bengaluru, bye bye! Piyush Goyal wants a new Silicon Valley for India

Bengaluru, bye bye! Piyush Goyal wants a new Silicon Valley for India

BySMEConnect-DeskSep 21, 20242 min read

Commerce and Industry Minister Piyush Goyal has proposed creating a new township dedicated to startups, aiming to establish a new Silicon Valley in India. The plan involves developing a 500-acre…