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How to Overcome Common Challenges in Export Finance?

Export finance is important for businesses that sell products and services to other countries. It helps them manage money and grow worldwide. However, dealing with export finance can be tricky, with many challenges that can make things difficult. Problems like changing currency values and complicated rules need careful planning and smart solutions. In this blog, […]

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CONFERENCE ON CYBER SECURITY FOR ENTERPRISES

Mr. Chandrakant Salunkhe – Founder and President, SME Chamber of India & Maharashtra Industry Development Association (MIDA) addressing the delegates on Exploring emerging business, exports and investment opportunities for better business growth of SMEs and manufacturing industries Mr. Chandrakant Salunkhe – Founder and President, SME Chamber of India & Maharashtra Industry Development Association (MIDA) addressing […]

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INTERACTIVE MEETING WITH Chairman & Managing Director Larsen & Toubro Limited

Shri Chandrakant Salunkhe, Founder & President, SME Chamber of India and Maharashtra Industry Development Association paid a courtesy visit to Shri S. N. Subrahmanyan, Chairman & Managing Director of M/s. Larsen & Toubro Limited to discuss on the various potential opportunities for SMEs and manufacturing industries for supply chain and other business opportunities with the […]

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India’s exports grow by 6% as both merchandise and services exports overcome global headwinds, global competition and rising protectionism: Economic Survey 2024-25

India’s share in global services exports doubles from 1.9% in 2005 to 4.3% in 2023. Gross FDI increases from USD 47.2 billion to USD 55.6 billion in the first eight months of FY25 over the same period of FY24. India’s foreign exchange reserves stood at USD 640.3 billion at the end of December 2024. India’s […]

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Credit Guarantee Scheme for MSMEs

The Government of India has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aiming to ease credit constraints and propel growth in the manufacturing sector. About: The Micro, Small, and Medium Enterprise (MSME) sector forms the backbone of the Indian economy, contributing significantly to employment, innovation, and economic growth.  Within the MSME landscape, the manufacturing sector plays a crucial role, […]

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Shri Chandrakant Salunkhe Invited by J&K CM Omar Abdullah to Discuss Industrial Growth and SME Development

Shri Chandrakant Salunkhe Founder and President SME Chamber of India and Federation of Indian SME Associations has been invited by Hon’ble Chief Minister of Jammu and Kashmir Shri Omar Abdullah on 29 January 2025 to give inputs for enhancement of industrial activities and setting up manufacturing and SME Business in J & K.

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Shri Chandrakant Salunkhe Recognized for Transforming the SME & Manufacturing Landscape at Udyog Sammelan organised by ZEE media

Shri Chandrakant Salunkhe, Founder & President, Maharashtra Industry Development Association and SME Chamber of India was felicitated by Hon’ble Minister for Industry of Maharashtra, Shri. Uday Samant and Hon’ble Minister for Skill development Shri Mangal prabhat Lodha at Udyog Sammelan organised by ZEE media for his Exemplary Contribution for the growth and empowerment of SME, […]

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India’s finished steel imports from China hit 7-year high in April-Dec

India’s finished steel imports from China touched their highest levels in at least seven years during the first nine months of the financial year that began in April, according to provisional Government data reviewed by Reuters on Monday. China, the world’s top steel producer, shipped 2.1 million metric tons of finished steel to India during […]

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MSME industry bodies seek RBI support for easier priority sector lending

The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakhs per borrower. Hence, NBFCs funding to MSEs is now restricted. The micro, small and medium enterprise (MSME) industry bodies have requested that the Reserve Bank of India (RBI) classify credit provided by banks to non-banking financial […]

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