SME News: 24 February 2010

Budget: India Inc’s wish list

As there are 13 million SMEs in India contributing to 95% of industrial units and producing 45% of the total output. Being small there are many challenges …

Source: Rediff

HP Introduces Technology Solutions For Retail Sector, SMBs

The worldwide IT giant also exhibited products and solutions aimed at SMEs in India, comprising reasonable high definition video-conferencing software, …

Source: TopNews

‘Home loans and SMEs would be our focus’ ING Vysya Bank

ING Vysya Bank is looking to grow beyond south India. It raised Rs 415 crore in September 2009 through qualified institutional placement. …

Source: Trading Markets (press release)

Rural market not attractive to textile industry: Experts

Setting up small companies in the rural sector (especially SMEs) will make things at ease for both the government and industry in rural India, he added. …

Source: SME Times

Empowering Small Scale Businesses for Growth

In India, the Micro, Small and Medium Enterprises (MSMEs) sector plays a pivotal role in the overall industrial economy of the country. …

Source: THISDAY

Raising funds via IPO to meet credit demands United Bank

A: We have about 12% agriculture, about 13% retail, 11% in others and micro, small and medium enterprises (MSME) is about 13%. Corporate is 50% and above. …

Source: Moneycontrol.com

Indian lenders need to focus on core banking: YV Reddy

… Hyderabad There is a need for Indian banks to focus on core banking operations such as lending to small and medium enterprises (SMEs) and taking …

Source: mydigitalfc.com

Consolidation need of the hour for SMEs in textile industry

Indian small and medium enterprises (SMEs) need to consolidate amongst each other which would be beneficial for textile enterprises as they face major costs …

Source: SME Times

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