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RBI helps SMEs with interest subsidy scheme

In an endeavour to help manufacturing-based SMEs in sectors such as leather, jute, engineering and textiles, the Reserve Bank of India (RBI) has extended the 2% interest subsidy scheme on rupee export credit to these sectors. “Interest subsidies are always known to provide temporary relief to...
August 12th 2010 / 0 Comment / Read More »

CII session in Kerala to promote MS...

In an endeavour to promote financial management among MSMEs in Kerala, the Confederation of Indian Industry (CII) has organised a session on ‘Financing Options for MSMEs&rsqu...
July 28th 2010 / 1 Comment / Read More »

CII visit to Portugal, Spain to ope...

The Confederation of Indian Industry (CII) has planned a business delegation visit to Portugal and Spain in an endeavour to explore scope for collaboration as well as to promote tr...
July 20th 2010 / 0 Comment / Read More »

SMEs based in Kanpur make it UP’s industrial hub

Kanpur is the latest industrial hub in Uttar Pradesh (UP), revealed a report prepared by the Ministry of MSME recently. According to the report, Kanpur registered an industrial growth of 15% to replace Noida from the top position, which grew at 14%. “The many SMEs in the city from a vast rang...
July 14th 2010 / 0 Comment / Read More »

India getting closer to Botswana's diamond mines

Namrata Kath Hazarika | 18 Jun, 2010 India may soon be able to source rough diamonds directly from Botswana, the largest diamond producers in the world, cutting out all the middlemen, as the two nations are chalking out modalities on the issue, said Botswana's Vice President Mompati S Merafhe Thurs...
June 18th 2010 / 0 Comment / Read More »

Delegation to Yemen to help Indian SMEs identify business opportunitie...

A delegation from India is set to visit the Republic of Yemen during May 28-30, 2010 in order to explore possibilities for forging close business ties with the latter as it is an emerging market for India. During their visit, delegation members are likely to deliberate and discuss areas of growth wh...
May 27th 2010 / 1 Comment / Read More »

INDIA AT 60 & BEYOND THE ROAD AHEAD FOR THE SMEs

Reforms in the Indian SME sector have kept pace globally for other aspects of the economy, with results there for everyone to see. As a result of policy reforms, the Indian SME sector is in a better position to take on competition from the globalised world than ever before. This can be attributed...
January 15th 2010 / Comment / Read More »
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