... textile sector, the Apparel Export Promotion Council (AEPC) has formally petitioned the Reserve Bank of India (RBI) for a specialized export policy tailored to Micro, Small, and Medium Enterprises (MSMEs). ...
... targeting the apparel and textile sector. This massive nationwide initiative aims to integrate the country's vast network of Micro, Small, and Medium Enterprises (MSMEs) into the formal retail ecosystem, ...
01 February 2025, Mumbai
Budget 2025 delivers key wins for the retail sector. The income tax exemption increase to Rs 12 lakh is set to boost consumption, benefiting retailers. MSMEs gain easier credit ...
13 September 2024, Mumbai
India’s leading lifestyle brand, Fabindia has collaborated with the Ministry of Micro, Small, and Medium Enterprises (MoMSME) to uplift traditional artisans including potters, ...
14 August 2024, Mumbai
India's MSME sector is the backbone of its burgeoning apparel industry, contributing significantly to the nation's GDP and employment. With a market estimated at Rs 140 billion ($17 ...
... will help the RMG industry thrust exports.”
Support for MSMEs The Budget has accorded special attention to the MSME sector, particularly labor-intensive manufacturing. The government has introduced a ...
... (MSMEs). This scheme subsidizes interest rates on pre and post-shipment rupee export credit.
Sekhri emphasized that the extension provides much-needed relief for MSMEs struggling with high-interest rates ...
The Clothing Manufacturers Association of India (CMAI) predicts a staggering loss of Rs 5,000-7,000 crore for MSME apparel manufacturers in the January-March quarter. This forecast comes as a consequence ...
... and medium enterprises (MSMEs).
While acknowledging the government's efforts, the CMAI argues that the amendment has unintended consequences for the domestic garment industry.
Outlines
CMAI believes ...
... rule penalizes late payments to micro and small enterprises (MSMEs) by treating them as taxable income for the recipient.
While seemingly innocuous, its application wreaks havoc in the garment industry, ...
The Indian MSME sector is a powerhouse of innovation and entrepreneurship, with over 63 million enterprises contributing over 30% to the nation's GDP.
The ET MSME Awards 2023 is a prestigious programme ...
30 June 2023, Mumbai
Commerce and Industry Minister, Piyush Goyal, emphasized the importance of increased and affordable credit for Micro, Small, and Medium Enterprises (MSMEs) engaged in exports. ...
16 June 2022, Mumbai:
The Confederation of Indian Industry (CII) is organising the maiden edition of the Indian MSME Growth Summit, on the occasion of International SME Day, on 27 – 28 June 2022, at ...
... exporters to adopt an uncompromising stance on quality; cautions that quality culture must not be allowed to weaken in the country.
ALSO READ On the Udyam platform, over 66 lakh MSMEs have registered, ...
31 March 2022, Mumbai:
The Union Cabinet on Wednesday approved Rs 6,062 crore for World Bank assisted programme for the MSME sector, which is meant to improve their access to market and credit, address ...
04 March 2022, Mumbai:
Tiruppur Exporters’ Association (TEA) has urged the Union Finance Minister to help the MSME units with liquidity. MSMEs in India are facing liquidity issues due to an unprecedented ...
... the next Punjab government to equip them with the latest technology by starting new schemes.
Harish Kairpal, president of Ludhiana MSME association, said, “The garment and textile industry of Ludhiana ...
10 February 2022, Mumbai:
Ministry of Textiles has been providing subsidy support to textile industry, including Micro, Small and Medium Enterprises (MSMEs) and small textile manufacturing units across ...
09 February 2022, Mumbai:
Modi categorically laid a stress on the fact our government is staying sharply focused to MSMEs and textiles which are greatly labour-intensive sectors for fundamentally India ...