Business equipment loans are the loans provided for purchasing equipment used for business purpose. Small business equipment loans include construction loan, medical loan, loan for machinery, and other loans as per the demand of the new economy that means anything from software, computing power, telecom equipment etc. The vehicles used for business operation are also included under business equipment loan.

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Small and medium enterprises (SMEs) of Haryana and Punjab have started to focus on energy efficient measures through a number of projects. This is according to a study conducted by National Productivity Council for Bureau of Energy Efficiency (BEE). The body estimates that the energy saving potential of five SME clusters is 89.715 million units (MU) or 3,621 tonnes of ...

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Indian Institute of Entrepreneurship (IIE), a government organization under the MSME ministry has concentrated into developing handloom cluster in Mangalore area of Haridwar district. This new initiative is under an integrated handloom development scheme in Uttarakhand. Under the new scheme, the IIE has involved experts and is making use of software technology to improve on design and skills of weavers. The ...

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A MoU has been signed between India and Republic of Mozambique in the field of MSME. Shri Dinsha Patel and H.E. Mr. Oldemiro Baloi signed the MoU in the august presence of Dr. Manmohan Singh, Indian PM and Mr Armando Guebuza, President of Mozambique.

This is a step forward to make a platform for the Governments of the two ...

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The auto component Manufacturers’ Association of India (ACMA) revealed that the domestic auto component industry has pegged 20% growth in the year 2009-10. Its turnover remained US$ 22 billion. The reason for such growth has been the expansion activities undertaken by SMEs manufacturing auto component so as to meet the growing demand of automobiles in the country. According to Jayant Davar, ...

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