The Indian SMEs are going to get increased lending from banks. Crisil, a credit rating organization, conducted a study on the funding patterns of 2,000 Indian SMEs. While the banks had been involved in lending to the SME sector, they…
Category: MSE India Updates
News, updates, developments and information about Professional Micro and Small Enterprises in India
Rise of Foreign Investments in the Indian SME Sector
The number of NRIs investing their investments in the Indian SME sector was found to be continuously increasing. These foreign investments were to the tune of about Rs.10 crores which is a significant number. But often, the multi-billion dollar deals…
Information Technology has Changed the Fortunes of the SMEs in India: CII Survey
CII has states that Information Technology is very helpful in bridging the gaps between MSMEs and large companies. According to the CII (Confederation of Indian Industry) survey, Information Technology had changed the fortunes of the SMEs in India. It has…
SME Pharma Exporters Oppose Mandatory Implementation of Barcoding
Indian small and medium size pharma companies account for 40% of total drug exports. SME Pharma Industries Confederation (SPIC), which has 3,000 pharma exporters, has opposed the order of Director General of Foreign Trade (DGFT), which says that there should…
Rising Input Cost and Liquidity Crunch – Hurdles for Growth of SMEs
According to the survey conducted by Indiamart.com (web portal of SMEs), increasing input costs and liquidity crunch are becoming barriers for growth of SMEs, especially for those involved in apparel business. According to the survey, over 50% of the respondents…