by TANVI_MUNJAL | Nov 4, 2024 | Industry And Cluster, News & Insights
The Indian government is currently scrutinising its Interest Equalization Scheme (IES), a key subsidy program designed to boost exports, particularly for labour-intensive sectors and MSMEs. The finance ministry has raised concerns about the scheme’s...
by TANVI_MUNJAL | Oct 5, 2024 | Industry And Cluster, News & Insights
The escalating tensions between Iran and Israel are casting a long shadow over India’s textile industry, with experts warning that micro, small, and medium enterprises (MSMEs) could face significant disruptions. The conflict has the potential to disrupt supply...
by TANVI_MUNJAL | Nov 29, 2023 | Business & Policy, News & Insights
Gujarat-based micro, small, and medium enterprises (MSMEs) that actively participate in exhibitions across the country are encountering obstacles in obtaining subsidies from the government’s market development assistance (MDA) policy. The district industries...
by TANVI_MUNJAL | Nov 26, 2023 | Business & Policy, News & Insights
In a move aimed at enhancing its understanding of export and import patterns, India has initiated a process to capture comprehensive country-wise and commodity-wise trade data conducted by micro, small, and medium enterprises (MSMEs). The Ministry of MSMEs plans to...
by Manali bhanushali | Jun 8, 2021 | Articles, In-Depth Analysis, Industry View
Technology advancements have transfigured the traditional technique of business into the digital space by introducing e-commerce. This technology upgradation has dramatically led to the rise in internet users. E-commerce or electronic commerce involves digital...
by Manali bhanushali | Jun 1, 2021 | Industry And Cluster, News & Insights
The modification of Emergency Credit Line Guarantee Scheme (ECLGS) by the Indian government will help micro, small and medium enterprises (MSMEs), including textile MSMEs, The Cotton Textiles Export Promotion Council (TEXPROCIL) has said. The government has extended...
by Manali bhanushali | May 26, 2021 | Industry And Cluster, News & Insights
The Reserve Bank of India (RBI) has started approaching a host of small and medium entities in MSME, retail, restaurants, malls and hospitality sectors as part of its latest survey to gauge the impact of the second Covid-19 wave that has further pushed those...
by Manali bhanushali | May 7, 2021 | Business & Policy, News & Insights
E-commerce has emerged as one of the best examples of technology utilization that has transformed the traditional technique of business into the digital space. The transformation of technology has led to the increase of internet users significantly. E-commerce or...
by Manali bhanushali | Apr 29, 2021 | Industry And Cluster, News & Insights
Small Indian businesses have sought relaxation in compliances and norms governing classification of non-performance assets (NPAs). The Federation of Indian Small and Medium Enterprises (FISME) also pitched for creation of a “war-room” to monitor prices of key raw...
by Manali bhanushali | Mar 16, 2021 | Fabrics & Processing, Finance & Economy, News & Insights
The shortage of yarn in the domestic market has resulted in the hiking of prices in the hosiery and knitwear industry. On Monday (March 15), all the associations of Tirupur garment industry are observing a voluntary closure for a day, where all the shops and...
by Manali bhanushali | Mar 10, 2021 | Industry And Cluster, News & Insights
The Gujarat government will set up two mega textile parks to enable forward and backward integration in the sector, it announced while the state budget was presented yesterday. The parks will be set up as part of the union budget announcement of setting up seven such...
by Manali bhanushali | Dec 16, 2020 | Corporate / SME News, Featured, News & Insights
Industry body CII and Amazon India on Wednesday signed a pact to increase export potential of micro, small and medium enterprises (MSMEs) in 10 states and help them leverage e-commerce to boost domestic trade. As part of the memorandum of understanding (MoU), Amazon...