MSME Personnel to get trained by 52 new training centres

Skill development and sustainability among micro and small units has become the focus for the MSME Ministry. Thus the Ministry is planning to establish more than 50 new training centres for MSME units....

Textile SMEs to get TUF

The SME-dominated textiles industry one of the critical sectors of the Indian economy has done well with the Technology Upgradation Fund Scheme (TUFS), which has provided support to sectoral players through interest reimbursement...

Laptops, Lenovo’s lollipops to SMBs

Lenovo has strategized to achieve growth in the highly promising SMB segment. The company looks to double its present four per cent SMB market share by 2012. SMBs in India contribute about 20...

PSU to keep sharks away from MSMEs

Union Cabinet Minister for micro, small and medium enterprises (MSMEs), Virbhadra Singh, said as per RBI data, loans outstanding against the MSME sector has gone up to Rs. 4,85,771 crore in March 2011...

FISME adds to the Anna Hazare fist

The Federation of Indian Micro and Small & Medium Enterprises (FISME) has raised concerns that the manufacturing sector is not growing because of the burden of corruption on small businesses. FISME has indicated...

Govt sets up task force to up MSME’s force

The Ministry of Micro, Small and Medium Enterprise (MSME) will set up a task force to help micro and small enterprises (MSEs) take advantage of the new procurement policy being framed by the...

India and Rwanda share MSME brotherhood

The Government has inked a Memorandum of Understanding (MoU) with the Republic of Rwanda for the cooperation in MSME sector. The Ministry of Micro, Small and Medium Enterprises (MSME) of India and Ministry...

Microfinance India Awards 2011 celebrates SMEs

ACCESS Development Services and HSBC in India are inviting nominations for the Microfinance India Awards 2011. The Awards will be presented on the inaugural day of the Microfinance India Summit – December 12-13,...

Corp. Bank CMD wants SMEs to tap VCs

“India's SME sector needs to tap alternative sources of finance even going the venture capital way, to counter limited availability of credit as it impedes growth,” says Chairman and Managing Director of Corporation...

India to support exclusive SME website

To attract foreign players in the SME segment, the Indian government will this year launch a portal providing information about small and medium companies, which contribute 45 per cent to the country's manufacturing...