Msmes

More labour-intensive sectors may be added as India looks to expand the scope of its manufacturing policy beyond the existing clusters.

Exporters await clarity as only Rs 2,600 crore likely left under Export Promotion Mission in FY26

The Rs 20,000-crore Credit Guarantee Scheme will ease access to bank finance for exporters but may not offer any relief for existing NPAs.

Cabinet clears Rs 20,000 crore additional funds for credit guarantee scheme to aid exporters

The scheme shall be implemented by DFS through National Credit Guarantee Trustee Company Ltd to provide additional credit support by MLIs to the eligible exporters including MSMEs

Small textile exporters face NPA risk as Trump tariffs cause order cancellations, payment delays

Liquidity pressure is mounting on certain MSME exporters, with increasing calls for a moratorium on payment of dues to banks as well as government-backed credit support.

Piyush Goyal slams ‘ridiculous’ rating norms that compare MSMEs with billion-dollar firms

Goyal also pointed out that rating agencies often exaggerate minor disruptions or policy changes, creating unnecessary panic, adding that several strong and fundamentally sound companies end up suffering due to such reactions, which fail to take into account India’s broader economic context.

India moves to streamline quality control orders amid FTA talks

The Centre is unlikely to issue any new QCOs while the review is underway, which also aims to ease the regulatory burden on MSMEs, who face higher costs and sourcing difficulties due to existing orders being heavily focused on raw materials.

India won’t rush into FTAs without protecting farmers, MSMEs, says Piyush Goyal

Goyal added that the talks with the US are progressing well, while also stating that India does not negotiate any trade deals based on deadlines.

'PM claiming sole ownership of amendments by constitutional body GST council': Congress leader Jairam Ramesh

He noted that outstanding issues remain, especially with MSMEs — the country’s main employment generators.

India, Chile sign ToR for a comprehensive economic agreement

The agreement aims to build upon the existing preferential trade pact and seeks to encompass a range of sectors, including digital services, investment promotion and MSME and critical minerals

ECL Finance appoints Ajay Khurana as MD, shifts focus to MSME lending

Khurana has previously held leadership roles at Bank of Baroda, Syndicate Bank, and Vijaya Bank, where he played a key role in digital transformation and risk management

MSME steel players may urge Centre not to impose 12% safeguard duty fearing price rise

One industry source said that the domestic steel prices could go up by 8-10 percent due to the proposed safeguard duty, hitting MSME exporters, since the metal constitutes 60 percent of their production cost.

Aero India 2025 kicks off to spectacular start, defence minister Rajnath Singh inaugurates the show

Aero India 2025, Asia's largest defense and aerospace airshow, commenced at Bengaluru's Yelahanka Air Force Station with notable figures like Defence Minister Rajnath Singh and Karnataka Deputy Chief Minister DK Shivakumar attending. The five-day event showcases over 9,000 exhibitors, including 150 foreign participants, and emphasizes India’s vision of self-reliance in defense. Aircraft like the Russian Su-57 and US F-35 will perform, while strategic meetings and dialogues aim to enhance defense exports and joint technology production. Singh highlighted Aero India’s role in strengthening India’s defense preparedness and national development. The event will host a range of significant events, including a defence ministers' conclave and the ‘Manthan’ innovation summit, which focuses on startups and MSMEs in defense. A dedicated India Pavilion will display over 275 exhibits, while the iDEX Pavilion highlights innovations secured through procurement contracts worth Rs 1,560 crore. Aero India has evolved since its inception in 1996, growing into a global defense hub.

India Inc seeks higher capex, lower tax rates in FY26 Budget

CII also suggested reducing the excise duty on fuel and increasing in the minimum wage rate under the Mahatma Gandhi National Rural Employment Guarantee Scheme to boost consumption.

In pre-Budget meet, EEPC suggests new income tax slab of 25% for MSMEs

Among other proposals, EEPC India recommended establishing a transparent and effective mechanism to ensure MSMEs can access steel at affordable price amid speculations that the government may introduce a safeguard duty on the metal.

India needs to look at GVCs in critical areas to ensure resilience against shocks: Department of commerce's Rajesh Agrawal

While it is not easy to compete with a manufacturing sector that’s 20 years ahead, the good news was that consumers across the world were getting tired and they want change, says Agrawal

Chart of the Day | Here’s how the major source of financing for Indian MSMEs changed, post pandemic

Covid presented one of the biggest challenges to small firms as funding from institutional sources dried up. However, the timely actions by the Government and the RBI by way of funding support and moratoriums on loan repayments helped these firms tide over the crisis.

PHDCCI hosts Global Summit on sustainability, emphasizing MSMEs' role in green growth

Dr Ashok Kumar, Deputy Director General of the Bureau of Energy Efficiency, emphasized MSMEs' significant impact, noting they contribute to 50% of India’s exports and provide employment to 11-12 crore people.

India’s SMEs need a comprehensive policy beyond budgetary finance to go global

India needs to put in place a holistic policy for SMEs

From credit support to more Mudra loans, Budget 2024 bats for MSMEs

The Budget provides special attention to MSMEs and manufacturing, particularly labour-intensive manufacturing, Nirmala Sitharaman said

Government looking at incentive-linked scheme to spur jobs with focus on MSMEs

The idea is to design a programme that can enable the participation of the MSME sector, which has been struggling since the covid pandemic and has often complained that PLI scheme is targeted at big industry

FM hints at reconsidering 45-day payment rule for MSMEs

The tweaked Income Tax rule bars businesses from claiming tax deductions for payments beyond 45 days from MSMEs for supply of goods and services.

CII chief R Dinesh bats for land, labour reforms to keep up economic growth

CII President prescribed higher spending on health and education, GST rationalisation, focus on MSMEs and an employment-incentive scheme to create jobs

What's behind the sudden boom in bank credit to MSMEs?

Bank credit to MSMEs in Jan-Feb was higher than even advances to the housing sector. Brighter business prospects and a regulatory change may explain the jump

India bats for easier exit from WTO pacts; cautions against discussing non-trade issues

This is in line with India's long-standing position to oppose discussions or establishment of mandates at the WTO on what the country considers non-trade issues such as MSME, environment and sustainability, and gender

Book Review: India’s mittelstand is robust and raring to go, notes 'Beyond Three Generations'

While family businesses constitute about 75% of the Indian economy a whopping 90% of them are MSMEs. The new book 'Beyond Three Generations: The Definitive Guide to Building Enduring Indian Family Businesses' profiles a dozen such enterprises, their business dimensions and what such firms should not do.