August 2025 – Page 4

Infosys opens advanced AI, Cybersecurity and Spacetech Centre in Hubballi in big boost to North Karnataka

August 6, 2025August 13, 2025SME E-NewsLeave a Comment

The Centre is part of ‘Infosys Living Labs’, a network of over a dozen established Centers globally designed to help clients accelerate innovation and leverage emerging technologies. The Centre establishes the north Karnataka city as a key technology hub for the software major, specializing in advanced digital solutions like AI, cloud computing, cybersecurity, engineering services, […]

India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

August 6, 2025August 13, 2025SME E-NewsLeave a Comment

Prakash said the VC industry has undergone a clear shift in the last six to nine months, with investors increasingly open to backing companies in asset-heavy, complex sectors such as defense, robotics, semiconductors and aerospace. India could see its first unicorns in advanced manufacturing within the next three to four years, according to partners at […]

K. Moses Chalai, Secretary of Dept. of Public Enterprises, to be designated as the next Finance Secretary soon?

August 6, 2025August 12, 2025SME E-NewsLeave a Comment

According to sources, Chalai is the senior most in rank in the Finance Ministry and is expected to be designated as Finance Secretary soon. K. Moses Chalai, Secretary in the Department of Public Enterprises (DPE), is soon to be named the next Finance Secretary, a position lying vacant for more than a month, sources have […]

Maharashtra cabinet approves new startup policy, freight corridor project

August 5, 2025August 8, 2025SME E-NewsLeave a Comment

The Maharashtra State Cabinet on Tuesday approved several key decisions, including a new startup and innovation policy, a freight corridor project, land reforms and enhanced support for leprosy care organisations. The cabinet approved the Maharashtra Startup, Entrepreneurship and Innovation Policy 2025 to promote skill development, entrepreneurship and innovation across the state, a statement from the […]

Dadagiri becoming obstacle to Pune’s development: Maharashtra CM Fadnavis

August 4, 2025SME E-NewsLeave a Comment

He said, ‘Pune is a manufacturing capital with reputed educational institutions and abundant skilled human resources. ‘Dadagiri by certain elements is becoming an obstacle to Pune’s development, Maharashtra Chief Minister, Devendra Fadnavis said a week after his Deputy and State Finance and Planning Minister, Ajit Pawar expressed concern over flight of IT sector companies from […]

India notifies sugar exports quota of 5,841 tons for EU

August 3, 2025August 5, 2025SME E-NewsLeave a Comment

TRQ is a quota for a volume of exports that enters the European Union (EU) with relatively low tariffs. After the quota reaches its limit, a higher tariff is applicable to additional shipments. India on Friday (August 1) notified sugar exports of 5,841 tons to the European Union under the tariff-rate quota scheme for 2025-26. […]

India eyes trade expansion with Latin America across two dozen countries

August 3, 2025August 7, 2025SME E-NewsLeave a Comment

India is exploring new export destinations to offset the impact of slowing demand in developed economies and the recently announced US tariffs. An Indian trade delegation is expected to meet a delegation from MERCOSUR this month to hold preliminary exploration to expand the existing Preferential Trade Agreement (PTA) to a Free Trade Agreement (FTA), Government […]

Andhra Pradesh approves plan to offer up to $600 million for electronic components production

August 2, 2025SME E-NewsLeave a Comment

Andhra Pradesh approved a $600 million incentive scheme on Friday to boost local electronics component manufacturing. This State-level initiative follows the Indian Central Government’s recent approval of a ₹229.19 billion ($2.62 billion) plan aimed at strengthening electronics manufacturing across the country, highlighting India’s push to expand its domestic tech production capabilities. India’s Southern State of […]

Indian GCCs are Becoming the R&D Hub of the World

August 2, 2025August 4, 2025SME E-NewsLeave a Comment

With over 1,800 GCCs employing nearly two million professionals, more global enterprises are doubling down on innovation in GCCs. Far from being a mere support function, India’s GCCs have turned into a formidable sector driving cutting-edge innovation, groundbreaking research, development and digital transformation. For instance, Mercedes-Benz’s India R&D hub exemplified this shift by leveraging a […]

MSME Sector Sees Continued Growth as NPAs Decline Sharply Over the Past 5 Years

August 2, 2025SME E-NewsLeave a Comment

Several Comprehensive measures taken by the Government to reduce NPAs. The total advances outstanding to MSME sector has consistently increased over the last five years. The gross NPAs and gross NPA ratio of MSME Sector have continuously decreased during the same period. Further, as per the provisional data of FY 2025 i.e. till 31.12.2024, furnished […]

Month: August 2025