MSME

MSME-focused e-commerce platforms have warned that ambiguity over GST treatment of local delivery and GTA services is creating compliance risks, potential double taxation, and operational disruptions

Industry body Assocham recommends single-window clearances, graded penalties, and simplified filings to reduce red tape and empower MSMEs across states

Cabinet approves export promotion mission, credit guarantee schemes

ICRA expects bank credit growth at 10.7-11.5% in FY26, aided by higher retail and MSME demand following GST rationalisation. Corporate lending remains muted, with ECL impact pegged below 1.5%

High-level panel led by NITI Aayog's Rajiv Gauba proposes scrapping or easing QCOs on over 200 products to cut compliance burden and boost manufacturing competitiveness

PMO, finance, and MSME ministries working on cluster-to-national reform roadmap with focus on jobs, cost control, legal ease, and innovation in small business sector

IndusInd Bank CEO Rajiv Anand outlines three-year plan to boost deposits, expand MSME and retail lending, stabilise microfinance, and strengthen senior management

Union Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje on Friday said the MSME sector is contributing 40 per cent to the country's total production volume and exports. Speaking after inaugurating the MSME Marketing Summit organised by NSIC (National Small Industries Corporation Ltd) and KASSIA (Karnataka Small Scale Industries Association) here, the minister said that MSMEs have been addressing the needs of all sectors, including agriculture, food, defence, space, and artificial intelligence. "The role of industries in the country's development is significant, especially, MSMEs are making substantial contribution to the nation's growth," she said. In order to strengthen the sector, the government led by Prime Minister Narendra Modi started the Skill Training Division for the first time. It has been undertaking training programmes and schemes for women and youth to match the global skill standards, she was quoted as saying in an official statement. She als

ALEMAI claims closure of 28 aluminium extrusion units and the loss of 5,000 jobs in the last two years, blaming free trade agreements (FTAs) and rising import dependence for the industry's struggles

There is a need to fine-tune the PLI scheme for MSME participation and develop the raw material ecosystem in order to scale up the country's medtech sector to account for 10-12 per cent of the global market, according to a CII-BCG report. Valued at around USD 16 billion, India's medical technology (medtech) industry currently accounts for only around 2 per cent of the USD 680 billion global market. With the government's Viksit Bharat 2047 vision, the sector has been identified as a strategic pillar in the 'Make in India' agenda, with aspirations to reduce import dependency to below 50 per cent and increase India's share of the global market to 10-12 per cent. The CII-BCG report has outlined nine strategic initiatives to drive the next phase of growth. The report stated that rationalising import duties and duty exemptions for critical raw materials and attracting MNC manufacturing and R&D hubs to India is crucial for sector growth. Besides, there is a need to unlock the potential .

"The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon," the official said

State-owned Indian Bank on Wednesday said that it has sanctioned loans of Rs 1,400 crore to small businesses at a 'retail outreach camp' in the country's financial capital. Sanction letters were given to 200 MSME and retail customers during the camp held recently, as per a statement. **** *Livlong 365 aims to invest Rs 100 crore Helathtech platform Livlong 365 on Wednesday announced that it is aiming to invest Rs 100 crore over the next 18 months. The company is planning to open 100 branches by 2027, which will require an investment of Rs 70-100 crore, according to a statement. **** *Niyo acquires Kanji Forex Travel fintech Niyo on Wednesday announced the acquisition of Kanji Forex for an undisclosed sum. The company also appointed banker Amit Talwar as the chief executive of its forex business, a statement said. **** Seeds Fincap raises Rs 50 crore in pre-series B round funding Non-bank lender Seeds Fincap has raised Rs 50 crore in a pre-series B round of funding from its

The federal finance ministry has proposed to provide 10-15 per cent credit guarantees to banks for advancing loans to stressed small businesses, with turnover up to ₹500 crore

MSMEs, which drive 45% of India's exports, warn of a $30 bn blow as US imposes steep tariffs; industry calls for urgent support and export market diversification

MSMEs hopeful about first quarter performance and most don't think US tariffs will affect them

Micro, Small and Medium Enterprises in the defence and aerospace sectors must adhere to stringent quality standards to become part of the global supply chain, Bharat Electronics Limited chairman and managing director Manoj Jain said on Saturday. Speaking at the curtain-raiser of the 7th edition of the India Manufacturing Show (IMS), billed as the 'Aerospace & Defence Engineering Expo', Jain stressed the importance of quality and certification. "MSMEs must align with stringent quality and certification standards if they are to be part of the global supply chain," he said, adding that flexibilitywithout compromising regulatory complianceis essential from both large industries and MSMEs. "This calls for a mindset change across the ecosystem," he noted. IMS 2025 is being organised by Laghu Udyog Bharati-Karnataka in association with the IMS Foundation. The international expo, scheduled to be held from November 6-8 at the Bangalore International Exhibition Centre, will showcase core ..

The report also flagged potential market distortion, citing exemptions for finished products like welded pipes, which appear to favour value-added imports over domestic manufacturing

The downward sentiment comes despite the Composite MSME Business Confidence Index (M-BCI) indicating a favourable business environment for MSMEs

Business confidence among micro, small, and medium enterprises improved in the April-June quarter, backed by steady domestic demand and a supportive financial environment, according to the latest MSME Outlook Survey released by SIDBI on Wednesday. The Composite MSME Business Confidence Index (M-BCI) rose to 63.75 during the quarter under review from 60.82 in the previous quarter. A value above 50 suggests positive sentiment. Manufacturing and trading MSMEs drove the gains, while the services sector remained stable with a marginal decline, it showed. The MSME Business Expectations Index (M-BEI), reflecting the outlook for upcoming quarters, stood at 62.19 for July-September and 67.88 for the first quarter of the next fiscal, suggesting sustained optimism despite headwinds like global tariffs and trade volatility. A total of 88 per cent of respondents reported improved access to finance, up from 79 per cent in the previous round, the survey said. The report also indicated that fewer

Bommai said the State Commercial Taxes Department, in haste, has imposed taxes for several years along with interest and other charges, placing a heavy burden on small roadside business owners