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Friday, March 29, 2024

Manufacturing

Role of MSMEs in Manufacturing Sector

The Micro, Small and Medium Enterprises (MSMEs) plays an important role in manufacturing sector of the country. For more information also read - https://smeventure.com/impact-of-high-repo-rate-on-msme-sector/ As per information received from Ministry of Statistics & Programme Implementation, the Share of MSME Manufacturing Output...

KVIC launches Knowledge Portal for Khadi

The Knowledge Portal for Khadi is a platform developed by the Center of Excellence for Khadi to provide design directions to the Khadi institutions. The portal was inaugurated by Ms Preeta Verma, CEO-KVIC, on 14th July 2022. The Center...

Reasons behind MSMEs Liquidity Crunch

MSME’S to face liquidity crunch on lack of efficiency, management, workplace conditions Micro, small, and medium-sized enterprises (MSMEs) play an important role in our country’s economic growth because they generate a considerable number of job opportunities in every corner of...

MSME Ministry organizes “Mega Job Fair”

Shri B.B Swain, Secretary (MSME) today inaugurated the ‘MEGA JOB FAIR’ and a New testing facility for MSMEs at NTSC (Okhla)New Delhi The major objective of Mega Job Fair was to provide employment opportunities to the students who are passing...

Narayan Rane to inaugurate the first khadi centre

“Khadi spirit means the fellow-feeling with every human being on earth” – Mahatma Gandhi. Handspun and hand-woven, Khadi fabric became a tool to collectivize people and unify them at the behest of Mahatma Gandhi thousands of people formed collectives to...

SROs Imperative for Indian MSME Sector

India has been actively involved in businesses, trade, and forming association since as early as Indus Valley Civilization. And guess what, the ancient Indian merchants formed guilds (Shrenis) to regulate businesses and trade. These guilds not only focused on...

MSMEs Key Growth Drivers

Are Indian MSMEs still relevant in India’s $5 trillion marathon? Yes. In fact, Here are the key statistics that highlights the importance of MSMEs growth in the Indian economy: As per Central Statistics Office, MoSPI; the share of the MSME...

Share of MSMEs in exports to Russia and Ukraine

The share of Micro, Small and Medium Enterprises (MSMEs) to exports to Russia and Ukraine during the last three years is as follows: For more information also read: https://smeventure.com/what-the-indian-msme-sector-is-expecting-from-the-union-budget-2022-23/ Value in USD Million India’s Export   2018-19 2019-20 2020-21 Value Value Value Selected commodities (MSMEs) to Russia 1432.53 1819.41 1548.27 Total export to Russia 2389.62 3017.75 2655.84 %...

Self Employment Opportunities

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), has taken various new measures for the development of Khadi and Village Industries (KVI) and creation of more self- employment opportunities in the country. Details of such initiatives are...

Setting Up of Agro based Industries in Rural Areas

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP) for generating employment in the country, including the rural areas, by setting up of micro-enterprises in the non-farm sector including Agro...

Latest News

Invoicemart Facilitates INR 1 Lakh Crores in MSME Invoice Financing

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, proudly announces a monumental achievement in the fintech landscape. The...