Msmes

CEA calls for flexible special mention accounts norms for MSME loans

Chief Economic Adviser V Anantha Nageswaran said a uniform 90-day overdue timeline does not suit all MSMEs, as businesses across sectors have different cash flow cycles

Centre to cap trade margins on non-scheduled cancer drugs at 30%

Move could cut MRPs by up to 70%, save patients ₹2,500 crore annually; comes amid SC scrutiny of high mark-ups

GST Council allows employers to claim ITC on group insurance coverage

The GST Council's decision to allow input tax credit on employee group health and life insurance is expected to reduce coverage costs for employers, particularly MSMEs

Cabinet approves ₹10,000 crore SME Growth Fund to back growing firms

The newly approved fund will provide equity capital to growth-stage SMEs, with a focus on manufacturing firms and industrial clusters in Tier-II and Tier-III cities, to boost expansion and exports

Uttar Pradesh plans International Trade City in Noida to boost exports

The proposed trade city in YEIDA's jurisdiction will be modelled on China's Yiwu and provide an organised marketplace for showcasing products, trade and exports

Coimbatore MSMEs seek steel duty relief as raw material prices surge

Industry associations have sought a six-month relaxation of steel import duties and quality control orders, along with government steps to improve raw-material supplies

Pharma dept to offer gap funding for early-stage novel drug discovery

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

MSME body calls for handholding, support as India signs more FTAs

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

UP International Trade Show draws 4,400 MoUs, worth Rs 6,500 crore

Potential business estimated at ₹15,500 crore

Corporate India is not always the saviour

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

Emerging tech can boost MSME productivity, efficiency: MSME Joint Secy

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 ...

MSMEs must prepare for EU non-tariff rules to gain from FTA: Govt

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

India's IP challenge shifts from filings to commercialisation: Denmark

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

MSMEs' cash flow rarely moves in a straight line: FlexiLoans cofounder

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

Blinkit to sell PM Vishwakarma products, widen artisans' market access

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

Tiruppur: How a small cluster turned into a textile export powerhouse

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

Centralised digital layer can help bridge ₹60 trn MSME credit gap: Report

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 ...

Need more Indian suppliers in global aerospace sector: K Rammohan Naidu

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

UPI data can help bring informal sector into formal credit: NITI's Lahiri

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

Brics 2026: India advances cooperation on MSMEs, startups, supply chains

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