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MSME
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Khadi Sales Have Jumped After PM's Call Advocating Need for Use of Such Products
Jul 27, 2015Khadi sales have jumped after Prime Minister Narendra Modi's call last October advocating the need for use of such products, micro small and medium enterprises (MSME) minister Kalraj Mishra has said, according to media reports. "Khadi ...
Tags: textile manufacture, textile sales
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State Bank of India Is Aggressively Trying to Grab a Piece of The Business
May 25, 2015India’s largest bank, State Bank of India is aggressively trying to grab a piece of the business in the digital commerce space and has tied up with three major e-commerce players in the last two days. On May 21, SBI signed two ...
Tags: State Bank of India, E-Commerce
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Govt Shows Support to Khadi Industry
Apr 7, 2015Indian government has decided to set up 800 SFURTI (Scheme of Fund for Regeneration of Traditional Industries) clusters with an investment of Rs 850 crore by March 2017 to boost khadi and village industries, according to media reports. ...
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The Production and Sales of Khadi Have Grown During The Last Three Years
Dec 24, 2014The production and sales of khadi, a handwoven cloth, have grown during the last three years. In 2011-12, 887.32 lakh square metres of khadi cloth was produced, generating sales value of Rs 967.87 crore, with cumulative employment of ...
Tags: handwoven cloth, storage battery, Textile
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India SME Forum Engages to Support Economic Development of The Nation
Aug 13, 2014With a mission to foster the development of a flourishing entrepreneurial culture and a competitive SME sector; India SME Forum engages with 3,28,000 SMEs from all over India and boasts of more than 65000 members to support economic ...
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GEA Has Sought Five Percent Increase in Duty Drawback Rate
Jun 26, 2014The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...
Tags: Textiles, Garment Exporters
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The Government of India Would Not Include Khadi Weavers and Spinners Under MNREGA
Dec 23, 2013The Government of India would not include khadi weavers and spinners under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), Parliament was informed, Business Line reported quoting PTI. In a written reply to the Lok ...
Tags: Khadi Weavers, Textile
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India's Coir Exports Are Likely to Touch RS. 12 Billion-Mark in The Ongoing Fiscal 2013-14
Nov 25, 2013Coir exports from India are likely to touch Rs. 12 billion-mark in the ongoing fiscal 2013-14, according to Madhav Lal, Secretary in the Ministry of Micro, Small and Medium Enterprises (MSME). Speaking to reporters at the Coir ...
Tags: Coir Exports, Textile
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A Report Regarding The FDI Policy and MSMEs Has Been Tabled in The Indian Parliament
Aug 12, 2013A report regarding the FDI policy for retail and it’s effects on the Micro, Small and Medium Enterprises (MSMEs) in the country, titled ‘FDI in multi-brand retail on MSMEs’, has been tabled in the Indian Parliament, ...
Tags: FDI policy, Apparel
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30 Percent Sourcing Clause in Small and Medium Enterprises Said by India's MSME Minister
Jul 26, 2013Global multi-brand retailers wishing to enter the Indian market through foreign direct investment (FDI) route must comply with the mandatory 30 percent sourcing clause, Mr. KH Muniyappa, Minister of Micro, Small and Medium Enterprises ...
Tags: Indian market, Apparel
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Dr.A. Sakthivel, Chairman - AEPC Said Industry Has Been Disappointed with RBI's Stand
Jun 18, 2013In the credit policy issued, RBI has not touched the Key rates and unchanged. In a reaction to RBI's monetary policy, Dr.A. Sakthivel, Chairman - AEPC said Industry has been disappointed with RBI's Stand. Apparel SMEs were expecting a ...
Tags: India, Apparel&Accessories, AEPC
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FIEO Would Provide Some Leeway to The Msme Export Sector
May 29, 2013Mr. M Rafeeque Ahmed, President, Federation of Indian Export Organisations (FIEO) while commenting on the expansion in the interest-subvention scheme including 6 tariff lines for textiles including made-ups and 101 tariff lines in case of ...
Tags: Aid Textiles, FIEO
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Textiles and Clothing Have Been Recognized as a Thrust Area for Growth
May 24, 2013At the initiative of Dr. A. Sakthivel, Chairman-AEPC, an Inter-Ministerial Workshop was organized under the Chairmanship of Shri Ajit Seth, IAS, Cabinet Secretary, Govt. of India. The meeting was attended by Secretary (Textiles), Finance ...
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Foreign Trade Policy Announcement Provided Improvement in It to Add to Competitiveness
Apr 22, 2013Mr M Rafeeque Ahmed, President, FIEO said that the Foreign Trade Policy announcement while maintaining stability of the policy provided improvement in it to add to competitiveness. Extension of Zero Duty EPCG Scheme will help in expansion ...
Tags: Trade Policy, FIEO
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Rs 7.5bn Adb Loan for Khadi Industry Was Seeked by Indian Govt
Jan 23, 2013Indian Government has sought Rs. 7.5 billion loan from the Asian Development Bank (ADB) to revitalize and modernize the domestic Khadi industry, Union Minister of State for Micro, Small and Medium Enterprises (MSMEs) KH Muniyappa has said. ...
Tags: Indian Government, ADB, Khadi industry