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Small and Medium Enterprises
Timely payments can boost SME profi...
Small and medium enterprises (SMEs) can enhance their profits by 15 percent if they receive payments on time from their large corporate customers, says a study published on Thursda...
MSME minister calls to promote youn...
Union minister of state for micro, small and medium enterprises (MSME), Dinsha J Patel said that there is need to develop entrepreneurship among the youth of the nation to fight th...
NID to help clusters improve product designs
The National Institute of Design, a leading multi-disciplinary institute in the field of design education and research, aims to improve and develop the designs of products produced in the clusters of the North- East region, and hence it plans to start its Centre at the Indian Institute of Entreprene...
MSME procurement policy to become reality very soon: Minister
The much-awaited Micro, Small and Medium Enterprise (MSME) Procurement Policy will soon become a reality, Dinsha J. Patel, Minister of State (Independent Charge) for Micro, Small and Medium Enterprises told in an exclusive interview to SME Times in New Delhi on Thursday.
The minister said...
The Role of SME Sector in Nation Development
Small and Medium Enterprises play a vital role for the growth of Indian economy by contributing 45% of the industrial output, 40% of exports, 42 million in employment, create one million jobs every year and produces more than 8000 quality products for the Indian and international markets. As a resul...
High credit & raw material costs inhibiting growth of MSMEs: CII
SME Times News Bureau | 21 Jun, 2010
High costs of credit and procurement of raw materials are the major factors inhibiting the growth of small and medium enterprises, a CII MSME survey has found.Revealing the factors that inhibit growth and development of the micro, small and medium enterprises (M...
SME sector a pillar of growth for any economy
Small and medium enterprises (SMEs), with their capability to propel broad-based economic growth of a nation, form an important pillar of success for any economy, Bank of Baroda Managing Director Kishor Kharat said on Sunday in Port-of-Spain."SME sector is an extremely important pillar of the econom...