MSMEs News

Gujarat clocks over 48,000 sick MSME units in 2014

The number of sick MSME units in Gujarat is only second to Uttar Pradesh which has over 63,000 sick units

Leaner is better

Unified labour legislation for smaller firms will significantly lower compliance costs


World class MSME India

Most angel investors look for short-term investment and quick earnings.

Advisory board for MSMEs dissolved

The Punjab government has dissolved a state-level advisory board constituted for Micro Small and Medium Enterprises and introduced new members as per recommendations of Industry Minister Anil Joshi.

122 MSMES in Pune dist opt for exit policy

The team from Pune District Industries Department had conducted a survey of such units,which had been closed for the last ten years.

H&M to meet Sharma on sourcing norms

FIPB may take up the firm’s proposal on Oct 18.


Tesco’s vegetable basket wins sourcing reprieve

Sourcing norm to apply to only 15% of Tesco’s product portfolio.

Budget 2013: MSMEs non-tax benefits to continue for 3 yrs even after mature

The proposal is significant for the MSMEs who would be supplying goods and equipment to the retail sector.

IKEA hails FDI decision but wants 100% approval before opening store in India

Swedish home furnishings major IKEA will open stores in India only after the government approves its application in entirety,although sourcing norms for FDI in single-brand retail have been diluted

Easy,cheaper finance options for MSMEs discussed at CII meet

Lack of easy access to finance and equity capital,high cost of credit,lack of awareness about various sources of finance,poor power supply,obsolete technology,credit rating,poor infrastructure and unavailability of raw materials and skilled manpower were discussed.

MSMEs Videos

How demonetisation and GST hit MSMEs: News in Numbers

Two years on, we look at how demonetisation (and GST) had an adverse impact on micro, small and medium enterprises or MSMEs. Here are some of the concerns that MSMEs are dealing with.