Suzlon’s sails full of $107 million Wind
Suzlon Energy Limited, India’s largest wind turbine manufacturer, announced a total cumulative order of 85 megawatts worth of wind turbine, totaling $107 million, from different business segments in India. “India’s wind market is...
Granite SMEs don’t want to get Stoned
The Indian marble industry is in turmoil. A month after the Director General of Foreign Trade (DGFT) brought out a new marble import policy, it has reached the portals of the Supreme Court...
Mukesh Ambani wants Japan not to say Sayonara to India
Mukesh Ambani, chairman and managing director of Reliance Industries, recently revealed that his company was looking at creating new partnerships with small and medium enterprises (SMEs) in Japan. “We need to look for...
REACH-INDIA, reaches out to double Entrepreneurs delight
In an effort to help Indian textile and leather exporters understand REACH (Registration, Evaluation, Authorisation and Restriction of Chemical substances) legislation, TUV Rheinland in association with DEG Germany launched the REACH-INDIA Project, based...
SMEs in plastic industry: No plastic smiles
The domestic plastics industry comprising several SMEs is set to make hay while the sun shines in the form of strong demand from sectors such as automobiles and irrigation. Plastindia Foundation, the apex...
SME Financing: Citibank India bags Honour
Citibank India recently announced that it has been awarded the ‘Best SME Bank’ for 2011, under the Foreign Bank category by Dun & Bradstreet - Polaris Software Banking Award. The Awards seek to...
Indian SMEs get billion dollar funding
Private Equity (PE) and venture capital (VC) investment rose by 29 per cent to $648 million (around Rs 2,916 crore) in the period January-September 2011, compared to $500 million (around Rs 2,250 crore)...
India has over 1 crore registered MSMEs
According to the latest All India Census of Micro, Small and Medium Enterprises (4th All India Census) conducted with reference year 2006-07, there are 1.56 crore MSMEs in the country. They employ 9,30,9486...
Commercial banks not to get too commercial with SMEs
The government and RBI played watchdog by insisting on commercial banks to come to the rescue of SMEs over the rising interest rates of late – almost a dozen interest hikes announced over...
Jallandhar’s Footballs get kicked at FIFA match
The first ever momentous FIFA friendly match between Argentina and Venezuela held recently in Kolkata used Jallandhar manufactured footballs. The All India Football Association (AIFF) along with the two teams found the football...