Category: MSME

MSME steel importers are seeking a Government exemption from a new quality control order and BIS approval requirements, arguing the mandate has fueled a sharp spike in prices and left their businesses in financial jeopardy. A new Government quality control order on steel is pitting India’s micro, small and medium enterprises against regulators, with importers […]

Challenges Faced by MSMEs in Accessing Imported Components:  The Government has identified challenges that Micro, Small & Medium Enterprises (MSMEs) face in accessing imported components and raw materials due to stringent quality control frameworks. High-Level Committee Recommendations:  The High-level Committee on Non-Financial Regulatory Reforms (HLC-NFRR) has proposed key changes to ease these challenges. The committee, […]

DRDO’s Defense Technology and Test Centre (DTTC), Lucknow conducted a conclave at Amausi Campus on September 06, 2025 to apprise and collaborate with MSMEs & start-ups for Defense R&D and production with an aim to further develop the Uttar Pradesh Defense Industrial Corridor. More than 100 participants from various MSMEs, Start-Ups and Laghu Udhyog Bharti […]

New study counts 47.33 lakh micro units, 60,013 small industries and 5,355 medium industries in the State. For each, a new set of challenges is emerging. Tamil Nadu, one of India’s largest industrial engines, is seeing its smallest firms carry the heaviest load even as shifting US tariffs on Chinese goods redraw global trade. A […]

Entrepreneurs face a complex web of regulations, hindering growth. MSMEs bear a disproportionate compliance burden. The Govt is working to decriminalize laws and simplify processes. Jan Vishwas 2.0 aims to further reduce criminal liabilities. Implementation of labor codes and GST framework reset are crucial. Technology and focused simplification can significantly lower compliance costs. The number […]

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 […]

Bharat Electronics Limited Chairman, Manoj Jain emphasized that MSMEs in defense and aerospace must meet strict quality standards to integrate into the global supply chain. He highlighted the need for flexibility and regulatory compliance, urging a shift in mindset across the ecosystem. Micro, Small and Medium Enterprises in the defense and aerospace sectors must adhere […]

The Department of Financial Services (DFS) has urged banks to review penal charges for not maintaining Minimum Average Balance (MAB). This directive, as stated by MoS for finance, Mr. Pankaj Chaudhary, prioritizes providing financial ease to customers, particularly those residing in semi-urban and rural regions. The aim is to alleviate the burden of these charges […]

India’s MSMEs face financial, skill and regulatory challenges in adopting AI. Affordable, customized and cloud-based solutions offer a hopeful path forward. India’s micro, small and medium enterprises are ready to adopt AI, but the road ahead is a mix of promise and challenges. The Government’s recent report on ‘Enhancing MSMEs Competitiveness in India’ sets the stage, pointing […]

The platform, now serving 60% MSMEs, simplifies non-ferrous metal procurement with real-time tracking, hedging tools, flexible ordering and embedded financing, recording a 240% user growth within six months of launch. Vedanta Limited, a major player in critical minerals, energy and technology, announced that its digital non-ferrous metals marketplace, Vedanta Metal Bazaar, has achieved a total […]