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NID centre for MSMEs in the North East
In a bid to enhance the designs of the products made by MSME clusters in the North East (NE), the National Institute of Design (NID) is contemplating to start its centre at the Indian Institute of Entrepreneurship in Guwahati. According to Anindita Hazarika, owner of H2 A2 Creations, a small-sized ...Rise in India-UAE trade, SMEs rejoice
In a development that is likely to cheer numerous export-based SMEs that ship their products to the UAE, a recently released report by the Foreign Trade Ministry has revealed that non-oil trade between India and the UAE has increased by 83% during the first quarter of 2010. Significantly, ...Tax sops for IT units setting up operations in rur...
The central government on Wednesday said it is keen to provide incentives for information technology (IT) companies setting up operations in tier 2/3 cities and rural areas. Inaugurating the two-day ...Incentives for services exports likely
After giving incentives mainly to manufacturer-exporters in the recent Foreign Trade Policy review, the Commerce Ministry will now rationalise the Served From India Scheme (SFIS) to give a helping han...Surat diamantaires to explore sourcing from Zimbabwe
SURAT: A high level delegation and industry leaders of the Surat Diamond Sourcing (India) Limited (SDSL) will bw visiting Zimbabwe, the African nation to explore rough sourcing opportunities. The delegation will consist of 25 - 30 people, including SDSL office bearers, diamond trade representatives...Most SMEs weathered recession better
Indian Small and Medium Enterprises (SMEs) have been able to weather the storm of the recession, which hit the global market in the last two years. Many SMEs have reported performing better than before in the economic situation which was not rosy. “Almost all Indian SMEs have made profits in ...Gems, jewellery export growth to be sluggish in 2010-11: GJEPC
The Gem and Jewellery Export Promotion Council (GJEPC) has informed that by virtue of unpredictability in international markets, there might be a meekly 15% export growth in 2010-11. This development holds huge significance for export-based SMEs in this sector, many of which have been struggling to ...
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