Gujarat's Rajkot region is about to lose its tag of being nation's diesel engine manufacturing cluster. The Rajkot based diesel engine manufacturers are making new products like submersible pumps and auto parts. The industry in Rajkot used to be the cluster of 200 Diesel engine manufacturers but now reduced to mere 60 players.

A major reason for this crunch is the ...

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Tamil Nadu Government has come forward to address major constraints of MSMEs in the State. The Government is emphasizing on factors like finance, infrastructure and marketing. There is a proposal from the State government's to be of special help to entrepreneurs and find customers for them. In budget 2012-13, Rs 150 crore of allocation has been announced for the MSME ...

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People living with HIV now have a reason to breathe a sigh of relief. India created a pilot project to offer micro-loans to HIV infested people so that they can run a small business in the state of Manipur. The State has 19.8% HIV positive population and now they can find small business loans from the new pilot project.

This initiative ...

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RBI has observed that number of sick MSME number is on a rise and so has suggested setting up a rehabilitation fund for all such MSMEs. Promoters did not show interest in such cases and so rehabilitation of sick MSMEs has not been possible previously. But now with RBI mooting to provide support there is hope for sick MSMEs.

The ...

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Lenovo is eyeing SMEs in India and keeping this goal into focus it has opened the first PC store for SMEs in Pune. The store was inaugurated and it aims to address the SME customer’s needs by making the think brand available to Indian SMEs.

The company is in a continuous process of growth in business and is making innovations in ...

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