A lenders approach to MSME funding and the broad steps followed
For funding the Small & Medium segment, banks rely on credit assessment techniques which are a combination of financial assessment and personal discussion.
What makes NBFCs a better choice for lending to MSME sector
Over the last decade, we have worked with a number of NBFCs lending to MSMEs.
Budget 2019: Khadi’s reinvention sees increased budgetary allocation
The Budget expenditure for Khadi reflects the intent to get the focus ba...
Andhra to help revive MSMEs with financial aid
A senior government official said the state was looking at announcing a slew of industry-friendly initiatives ahead of the summit scheduled for August 9 at Vijayawada.
At the moment, global trade wars are a ripple on the ocean: UNIDO
While there are some disturbances due to trade wars, René Van Berkel, Officer in Charge/UNIDO Representative (designate), India, says we con...
All pending GST refunds for MSMEs to be paid within 30 days: FM
To ease GST woes for the MSMEs FM announced that all pending GST refunds will be paid within 30 days.
No ban on corporates in MSME clusters; No trust deficit between govt & industry: Gadkari
Stressing on the importance of rural and agriculture sector in India's growth and development, he said the sector needed encouragement to adopt new technology.
Indian MSMEs shunning Jugaad, embracing sustainability & inclusive development: UNIDO
According to the IFC, informal firms are estimated to account for around 74% of all MSMEs in the world, and about 77% of all MSMEs are based in developing countries.
MSMEs to contribute 50% to GDP in next 5 years: Nitin Gadkari
Gadkari added that the sector currently employs about 11 crore people and the government would take this figure to 15 crore in the next 5 years.
Government to soon launch portal to boost innovation in MSME sector
Arun Panda expressed hope that the move will result in joint ventures (JVs), MoUs (memorandum of understanding), fruitful collaborations in various sectors and technology transfer among entrepreneurs.
Jobsite Indeed ropes in Radhika Apte for its SMB campaign in India
In order to support SMB players, Indeed for SMBs allows jobs to be posted on its platform free of cost.
Invoicemart, an Axis Bank-backed TReDS platform, surpasses Rs 4,000 cr worth of invoices
The platform has onboarded close to 2500 MSMEs since its launch in July 2017. It aims to transform the way small businesses fund their growth.
Panel Discussion: Not just financial nuances, managerial capabilities of MSMEs also matter
There was consensus across the panel members on technological upgradation acting as a key force to move forward and incentivise growth in the times to come.
Khadi gets a makeover. Eyes Rs 5,000 crore in business
Khadi saw rapid double digit growth over the last five years. From driving employment in the country to getting young designers to come out with chic products, Khadi is seeing a transformation in its fortunes.
Ceiling fans are ushering in the winds of change at the heart of Indian ceramic industry
Home to 225 ceramic units, Thangadh as an industrial town has seen the most flourishing business in manufacturing and exporting sanitaryware. Shunning traditional ways of manufacturing, the sanitaryware sector is now embracing new technology.
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