We had imported certain components duty-free and fabricated the capital goods within our export oriented unit (EOU). We had debited only the duty payable on the components. We now want to clear the capital goods in the domestic tariff area (DTA).

'Capital goods value must account for captive consumption of inputs'

Business Standard

Effective Central government schemes, simpler tax laws, technological up-gradation and flexible labour laws are some of the key requirements of small and medium enterprises (SMEs) for growth and survival, a survey by the PHD Chamber of Commerce and Industry has found.

'SMEs need healthy policies for growth'

P Lakshmaiah, a 57-year-old master weaver from Uppada, a coastal village in East Godavari district of Andhra Pradesh, toiled for about 10 years weaving the rich tapestry of the Jamdani fabric. Yet, his earnings did not exceed Rs 10,000 a month &mdash; and a major portion of this went towards paying mounting debts.

GI tag a boost for Uppada sarees

Gujarat has only four or five companies offering data centre facilities as of now, but the information technology industry in the state sees the small and medium enterprise (SME) segment as a major driver in attracting more players in the near future.

SMEs to drive data centre demand in Gujarat

Small and medium enterprises operating in and around Tiruchirapalli (or Tiruchy for short) have decided to jointly set up a 3Mw power plant with the use of second-hand equipment sourced from Korea and China, according to industry representatives.

Smaller units in Tiruchy to set up captive power plant

Mohali-based entrepreneur Manpreet Singh Walia had never imagined he would have an edge over suppliers from China and South Africa in providing sports mechandise for the XIX Commonwealth Games being held in New Delhi.

Mohali firm supplies vuvuzelas for CWG2010

The centre, which was set up in August last year to protect copyrights, trademarks, patents and geographical indications (GI), has received a good response on IPR enquiry from the industry and individuals, N Srilakshmi, coordinator - IPFC, ni-msme, said.

NI-MSME expects 25 IPR filings by March

A programme to be run jointly with the state pollution control board will enable the units to become more competitive.

SMEs in Bangalore to be rated on emission levels

The Indian semiconductor market is on a high, having clocked a growth rate of 15.6 per cent last year &ndash; in comparison, the global market has shrunk by 11 per cent since 2008 &ndash; aided by the growth in demand for wireless handsets, low-priced notebooks and smart cards.

Mobile telephony boosts semiconductor market

We had cleared goods for export to Nepal under bond against foreign currency LC under provisions of Notification no. 45/2001 CE (NT) dated 26-6-2001. Due to certain reasons goods could not be exported within six months from the dispatch date.

Subsidiary may fulfil 50% of export obligation under EPCG scheme

The finance ministry has said that it plans to add loan products to the financial inclusion programme, which is aimed at taking banking services to the rural population. Bankers and industry sources said the proposed move would give a fillip to micro and small enterprises (MSEs) in rural India.

Financial inclusion to boost rural units

The success stories of SME clusters in India have caught the fancy of small businesses and consultants in the countries of Africa, Middle East and South East Asia, who have evinced interest in learning about the cluster approach. These countries want to emulate the methods that Indian SMEs have adopted to conserve resources and cut input costs.

Africa, South East Asia want to replicate cluster approach

Plastics manufacturers in Andhra Pradesh are planning to set up their own dedicated plastics park at a location close to their user-industries.

Andhra plastics producers to have own park

The Confederation of Indian Industry (CII) and the ministry of micro, small and medium enterprises (MSME) are jointly organising the India SME Summit here on Tuesday.

Minister to release report at MSME summit

The over two-century-old legacy of the softwood-lacquerware toy industry in Etikoppaka, a dusty village in Visakhapatnam district, may soon end due to the multiple crises it is facing &mdash; government apathy, stringent export norms laid down by the European Union and rising input costs, especially of Ankudu (whose trade name is ivory wood).

Etikoppaka toy industry on verge of closure

The quality of human resources available to India&rsquo;s small-scale industrial units, especially in manufacturing, is far from satisfactory. These units therefore perform below their potential.

Small units fret over quality of talent

The Engineering Export Promotion Council (EEPC) has suggested the formulation of a Technology Upgradation Fund Scheme (TUFS) for the engineering sector. It feels this will help India achieve the target of doubling exports in three years.

EEPC seeks Technology Upgradation Fund Scheme

Two-thirds of pharmaceutical and medical device manufacturing units have witnessed improved market conditions since last year, according to the findings of a survey conducted by IndiaMART Research Unit among micro, small and medium enterprises (MSMEs).

Two-thirds of pharma units see recovery, says survey

A Crisil study on the funding patterns of 2,000 small and medium enterprises (SMEs) in India reveals that there is scope for banks to increase their lending to SMEs by Rs 50,000 crore, the ratings agency said in a press release here.

'Scope for banks to lend more to SMEs'

In run-up to the Union Budget 2011 to be presented next month, Micro, Small and Medium Enterprises (MSME) have demanded tax incentives in the annual financial statement to maintain their competitiveness vis-&agrave;-vis large industries.

MSME sector demands tax benefits in Union Budget '11

The tie-up between the National Stock Exchange (NSE) and Madras Stock Exchange (MSE), a regional stock exchange, has helped the latter to rope in new members. MSE&rsquo;s representatives have said that the major beneficiaries are small and medium enterprises (SMEs) and retail investors.

Madras Stock Exchange ropes in new members

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