Three labs will be constituted by Malaysia to safeguard Malaysian Indians who take interest in small and medium enterprises (SME) and the retail industry. S. K. Devamany, Deputy Minister in PM’s Office conveyed about this planning.
Devamany told about this to media-persons and then went on to meet members of ‘Kuala Lumpur and Selangor Indian Chamber of Commerce ...
TAGS Tags: Deputy Minister in PM Office, Malaysian Indians, National Key Economic Areas, NKEA, Office, PEMANDU, Performance Management and Delivery Unit, S. K. Devamany, Selangor Indian, small and medium enterprises, SME
CATEGORIES Industry Expert, Small Business Loans, Small Business News, Small Business Trade
A survey conducted by the CII, reveals prospects of increased domestic demand for SMEs in the October-December quarter. As there is growth in credit availability, the Business Confidence Index (BCI) has improved 1.4 points from that of last year and has reached 67 points on the 0-100 scale.
It is the surging prospects in domestic ...
TAGS Tags: BCI, Business Confidence Index, CII, micro, MSMEs, small and medium enterprise, SMEs, US dollar
CATEGORIES Small Business Legislation, Small Business Loans, Small Business News
A public procurement policy (PPP) is expected to be introduced by January end that would better the condition of micro and small industries. The PPP will make it essential for all ministries and public sector undertakings (PSUs) to reserve 20% of annual procurement from MSMEs.
This 20% reservation will be implemented over next ...
TAGS Tags: MSMEs, PPP, Prime Minister, PSU, public procurement policy, public sector undertakings
CATEGORIES Small Business Loans, Small Business News, Small Business Trade
In the coming span of two years, Rs 4,000-crore Coimbatore based pump industry is set to touch the Rs 6,000 crore in terms of sales revenues. Small and medium enterprises (SMEs) in the industry are either closing down or are getting converted to suppliers for large companies. This is due to erosion in profit margins ...
Faridabad Small Industries Association (FSIA) has submitted a proposal to enhance the competitiveness of small and medium enterprises (SMEs) in Haryana. This has been underlined under the Industrial Infrastructure Up gradation Scheme (IIUS) introduced by the Department of Industrial Policy and Promotion (DIPP) that is a body of Union commerce and industry ministry. The proposal has been ...
TAGS Tags: central government, Department of Industrial Policy and Promotion, DIPP, FSIA, IIUS, Industrial Infrastructure Up gradation Scheme, small and medium enterprises, Small Industries Association, SME
CATEGORIES Industry Expert, Small Business Loans, Small Business News, Small Business Trade, Start a Business

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