Shri Chandrakant Salunkhe – Founder & President, Maharashtra Industry Development Association and SME Chamber of India has paid courtesy visit to Hon’ble Chief Minister of Maharashtra Shri Devendra Fadnavis and discussed about various issues and grievances of Manufacturing Industries and SME sector as well as apprises & presented annual activity report and list of the […]
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Entrepreneurship is booming in India, with young founders leading the charge. This article profiles 10 such entrepreneurs who are making a positive impact through their innovative businesses. India has become a global hub for startups, ranking second in the 2023-24 Global Entrepreneurship Monitor (GEM) report. Today’s successful entrepreneur isn’t just focused on profit; they’re also […]
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India aims to achieve $500 billion in electronics production by 2030, according to a detailed strategy being finalized by the Ministry of Electronics and Information Technology (Meity). This ambitious target, announced by Prime Minister Modi, seeks to significantly boost India’s share in global electronics manufacturing. Meity, in collaboration with the Indian Cellular and Electronics Association […]
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Mr. Manoj Mittal – Chairman & Managing Director – SIDBI inaugurated the INDIA SME BANKING SUMMIT on 17th December 2024 at Mumbai organized by SME Chamber of India. Others (L to R) Mr. Maheshkumar – Director, SME Chamber of India, Mr. Chandrakant Salunkhe – Founder & President – SME Chamber of India and Federation of […]
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The value of MSME exports from April to November in the current fiscal year reached Rs 12.39 lakh crore, surpassing the Rs 8.55 lakh crore recorded for the entire FY23. The number of MSMEs exporting goods till November was 1.73 lakh, compared to 1.53 lakh in FY24 and 1.21 lakh in FY23, according to data […]
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More than 1.7 million employees have opted for a higher pension under the Employees’ Pension Scheme (EPS-95) following a landmark Supreme Court ruling. The ruling allows eligible employees to contribute to the scheme based on their actual salary, rather than a fixed cap. The EPS-95, a social security scheme for organized sector employees, has traditionally […]
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Highlights: Major Schengen Visa Policy Changes in 2025 • The European Union will implement significant updates to Schengen visa policies in 2025. • Greece’s Golden Visa Program will be expanded with new investment opportunities. • Romania and Bulgaria will join the Schengen Member States on January 1, 2025. • The EU will launch the Entry/Exit […]
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A recent study by Paisabazaar reveals that over 70% of MSMEs and self-employed individuals seek loans for immediate financial needs, primarily for working capital, raw materials, and debt consolidation. Less than 30% apply for loans aimed at growth initiatives such as marketing, machinery upgrades, or office expansion. Metro cities like Delhi NCR and Mumbai lead […]
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Overview The United Arab Emirates has introduced a simplified visa-on-arrival policy for Indian tourists. This initiative aims to boost tourism and improve accessibility for Indian nationals, ensuring a streamlined travel experience. Key Features and Eligibility Indian passport holders can now avail of a 60-day visa on arrival with multiple entries, eliminating the need for prior […]
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Switzerland has suspended the Most Favoured Nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India. This move is expected to impact Swiss investments in India and increase tax burdens on Indian companies operating in Switzerland. The Swiss finance department, in its December 11 statement, cited a 2023 Indian Supreme Court ruling as […]
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