MSMEs

Funding will be part of a new track under the PRIP scheme exclusively for start-ups and MSMEs at the initial research stage, with assistance of up to ₹50 crore per project

Laghu Udyog Bharati says smaller firms need marketing, technology and export support to tap new markets and benefit from India's expanding network of free trade agreements

Potential business estimated at ₹15,500 crore

It is not corporate India but small businesses that are serving the emerging mass market. Policy must support them rather than pushing Corporate India where it does not want to go

Adoption of emerging technologies offers significant opportunities for micro, small, and medium enterprises to enhance productivity, improve efficiency, strengthen resilience and develop new capabilities, MSME Joint Secretary Mercy Epao said on Saturday. Epao made the comments at the Delhi MSME Conclave organised by the Northern India Regional Council (NIRC) of the Institute of Cost Accountants of India (ICMAI). Set up in 1944, ICMAI is the largest cost and management accounting body in the world, with more than 6 lakh students and 1 lakh qualified professionals all over the globe. "The adoption of emerging technologies offers significant opportunities for MSMEs to enhance productivity, improve efficiency, strengthen resilience and develop new capabilities. For smaller enterprises in particular, affordable and accessible technology solutions can play an important role in supporting their transition towards more human-centric, sustainable and resilient production systems," Epao ...

Officials and trade experts said lower tariffs alone would not lift exports unless Indian MSMEs can meet EU requirements on ESG, CBAM, certification and supply-chain standards

With patent filings at a record high, Denmark's Embassy says India must focus on turning intellectual property into viable products and businesses, with better support for MSMEs

FlexiLoans co-founder Ritesh Jain discusses MSME credit, regulatory changes, flexible working capital and the growing role of co-lending

A Bengaluru pilot will list handcrafted products made by PM Vishwakarma beneficiaries on Blinkit and offer guidance on digital onboarding, fulfilment, packaging and shipping

From ₹429 crore in 1991, exports from India's knitwear capital have grown to ₹46,000 crore with markets spanning 50-plus countries

India's MSME sector faces a formal credit gap of around Rs 60 lakh crore, with existing institutional channels meeting only 30-40 per cent of the debt demand of smaller enterprises, a report said. However, the report said a centralised interoperable digital layer designed to seamlessly connect key economic stakeholders -- including businesses, banks, financiers, payment providers and public systems could help bridge the credit gap of MSMEs, while unlocking productivity across the country's formal business sector. India's business sector accounts for more than Rs 130 lakh crore in economic activity and around 45 per cent of the country's gross value added (GVA). The report prepared by Bain & Company-NPCI Bharat BillPay Ltd identified a connected digital ecosystem as one of four key enablers that can help unlock its full potential. The report released at the Global Fintech Fest noted that implementing a centralised interoperable layer built on standardised APIs would digitise the ...

Indian aviation sector offers immense opportunities for MSMEs, and efforts are underway to have more Indian suppliers in the global aerospace market, Civil Aviation Minister K Rammohan Naidu on Thursday. Global aerospace players have a strong interest in India's aviation sector, Naidu said and highlighted that Indian airlines have placed orders for over 1,600 aircraft. Speaking at a conference organised by industry body CII in the national capital, the minister also said that India cannot be just a place for assembling aerospace components but a place for designing, certifying and manufacturing the components. India is the world's third largest domestic aviation market. At the conference, Civil Aviation Secretary Samir Kumar Sinha said various models for manufacturing aircraft in India are being looked at. Boeing India and South Asia President Salil Gupte said the company sources products and services worth nearly Rs 14,000 crore from India annually. The aircraft maker has around

NITI Aayog's Ashok Lahiri said transaction data generated through UPI could improve credit appraisal and risk pricing, helping bring MSMEs into the formal lending system

India's Brics chairship has yielded 20 outcomes across agriculture, health, energy, urban infrastructure, MSMEs, startups and trade, with a focus on practical cooperation

ECLGS 5.0 was meant to run until March 2027, but its ₹2.5 trillion guarantee allocation was exhausted within months, leaving banks and borrowers with sanctioned but undisbursed loans

Nadcap accreditation for TCR's Navi Mumbai and Vadodara laboratories will allow Indian aerospace suppliers to conduct critical materials testing domestically, cutting costs

Prime Minister Narendra Modi's call to MSMEs to fully leverage India's growing network of free trade agreements (FTAs) is timely, as these pacts offer small businesses an opportunity to access larger global markets, integrate with global value chains and improve their competitiveness, exporters say. They also said that with preferential market access now available across several major economies, the real opportunity lies in converting these agreements into export orders. Prime Minister Narendra Modi, on Saturday, said India has finalised FTAs with about 40 countries since 2014, presenting a tremendous opportunity for the country's MSMEs, and urged small enterprises to tap these opportunities and not let the chance slip away. Addressing the country on the 80th Independence Day, he said there is a need to expand the global reach of Indian products and ensure that goods such as textiles, machinery and medicines find their way into international markets. Welcoming the government's move

Centre likely to launch second phase of PM Vishwakarma scheme on September 17, with higher credit access and stronger market support for artisans

The MSMED Amendment Bill seeks faster payments, online dispute resolution and easier recovery of dues, but industry bodies flag concerns over TReDS access and implementation

Policy reforms are unlocking receivables financing, giving small businesses faster access to liquidity against unpaid invoices