Archive for the ‘SME News’ Category

SME News: 10 March 2010

Marketing savviness is crucial for small and medium enterprises
In essence, this sums up how important marketing savviness is for small and medium enterprises. For SMEs the key to taste marketing successes…
Source: The Economic Times
Workshop on SMEs, auto design seminar mark day-2 of design fest
The workshop for SMEs was intended to expose the enterprises to the [...]

SME News: 09 March 2010

India ranks top in generic drug exports
The generic drug sector in the country is populated by a large number of small and medium enterprises (SMEs), which form the core of the industry. …
Source: SME Times
RAK FTZ Grows Revenue in 2009 With 11 Per Cent Increase
One of our main focuses now is to support SMEs – [...]

SME News: 08 March 2010

IFRS Training Offered For SMEs
… the IFRS for SMEs. As part of these activities the IASC Foundation recently held a ‘Train the Trainers’ workshops in India and Malaysia jointly with the …
Source: Tax-news.com (subscription)
Textiles, leather subsidy issue will be taken up shortly
… to expire on March 31, 2010, but in the budget, Mr. Mukherjee had [...]

SME News: 04 March 2010

Exports maintain positive trend, up 11.5% in January
… one more year (till March 31, 2011) for exports covering handicrafts, carpets, handlooms and small and medium enterprises as they are still struggling. …
Source: Hindu Business Line
Standard Chartered 2009 operating profit climbs 13% to US$5.15 billion
We helped small and medium enterprises start up and grow with an [...]

SME News: 03 March 2010

Small units to step up IT budgets in 2010
Small and medium enterprises (SMEs) are expected to loosen restricted information technology (IT) budgets, take to social networking, increase adoption of …
Source: Sify
Smaller enterprises in Rajkot hit by lack of management skills
Small and medium enterprises of Rajkot are facing trouble in dealing with major national and international [...]

SME News: 02 March 2010

For small and medium firms, it is an opportunity lost – Rajeev Karwal, CEO, Milagrow
For MSEs some of the major announcements which were expected in the budget, were sorely missing MSMEs get between 40% and 60% of the banking loans…
Source: mydigitalfc.com
Another chance lost for MSME sector – Rajeev Karwal
Though overall it is a progressive Budget [...]

Damn! The Big SME Opportunity that Technology Entrepreneurs Ignore

Posted by Arsh Kabir
We came across this great article at Pluggd.in. It is very apt.
SME Market in India is too big to be ignored. And while Indian entrepreneurs are chasing the big enterprise market (and consumer segment), here are a few data points for SME opportunity
• India has the second largest population of small and medium [...]

MSME Policy Alert 25 February, 2010

 

Reserved items for Small Industries

LOK SABHA
Review of the list of items reserved for exclusive manufacture in the small scale (now MSE) sector is a continuous process. The process involves consultations with the stakeholders concerned, followed by deliberations in the meeting of the Advisory Committee on Reservation, constituted under the Industries(Development & Regulation) Act,1951(IDR Act). Items [...]

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 [...]

SME News: 23 February 2010

SMEs await Budget 2010
Summing up the expectations of the MSME sector, Rajeev Karwal, Foudner Milagrow Knowledge Solutions, a venture catalyst says, “There are two needs that the …
Source: franchiseindia.com
India to aim at 9 per cent growth in 2011-12: President Patil
… said the government would work towards creating an environment that encourages investments, especially in micro, [...]