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GCCs struggle to gain momentum in tier 2 & 3 cities:

GCCs struggle to gain momentum in tier 2 & 3 cities:

The main challenges for GCCs in tier 2 and 3 cities are the limited talent pool, inadequate higher…

DPIIT successfully organizes National Workshop on Industrial Park Rating System

DPIIT successfully organizes National Workshop on Industrial Park Rating System

DPIIT Secretary emphasizes on importance of Industrial parks in attracting investments and to enhance share of manufacturing sector…

Why America is secretly terrified of India’s growth in 2025- Mell Robbins

Why America is secretly terrified of India’s growth in 2025- Mell Robbins

Let me tell you something that no one in Washington wants to admit. America is not afraid of…

Top 10 MSME Loan Schemes in India for Growth and Expansion

Top 10 MSME Loan Schemes in India for Growth and Expansion

Substantial steps have been taken by the Indian Government and financial institutions to provide adequate loans for micro,…

INTERACTIVE MEETING WITH Hon’ble Minister of State

INTERACTIVE MEETING WITH Hon’ble Minister of State

Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations (FISA)…

Recent Posts

Bankruptcy Court approves 22 business rescues in August; 34 so far in second quarter

Bankruptcy Court approves 22 business rescues in August; 34 so far in second quarter

BySMEConnect-DeskSep 11, 20243 min read

More than half of all the businesses that secured approvals for their debt resolution schemes and about two-thirds of the cases cleared in July were in the real estate and hospitality sectors. The National Company Law Tribunal approved the debt resolution plans of 22 businesses in August, maintaining the pace of salvaging distressed companies, official […]

Re-KYC: A double-edged sword in safeguarding customer security

Re-KYC: A double-edged sword in safeguarding customer security

BySMEConnect-DeskSep 11, 20243 min read

As per the RBI guidelines, it is crucial for Re-KYC to be conducted on a regular basis. Financial institutions, including banks and NBFCs, are required to carry out Re-KYC in…

Critics Missing the Point: Gujarat’s Industrial Appeal Extends Beyond Alleged Political Bias

Critics Missing the Point: Gujarat’s Industrial Appeal Extends Beyond Alleged Political Bias

BySMEConnect-DeskSep 11, 20244 min read

Those unhappy with industries moving to Gujarat should know that long term political stability and ‘double engine sarkar’ could trump incentives. The announcement by Kaynes Technology to build its chipmaking…

MSME loan portfolio expands 17.8% to Rs 64.1 trillion in FY24: Report

MSME loan portfolio expands 17.8% to Rs 64.1 trillion in FY24: Report

BySMEConnect-DeskSep 10, 20242 min read

During the financial year 2024, a total of 27.4 million MSME loans were sanctioned, amounting to Rs 54.2 trillion. This marks a growth of 19.3% in volume and 5.4% in…

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

BySMEConnect-DeskSep 10, 20243 min read

In May, The Indian Express reported that India’s labor-intensive sectors such as textiles, leather, gems and jewelry, and marine products are experiencing a sharp decline. Jobs in India generated directly…