Indian SMEs have become more organized now than they used to be a decade earlier. They have started to get rated from credible credit agencies. Steps have been taken by SMEs toward this end. CRISIL started rating SMEs in 2005 and attained a milestone for successfully rating 25,000th SMEs.
The 25000 rating is indicative of the combined collaborative approach adopted by ...
Recent technology collaboration with Germany excites SME Sector of India. Commerce Industry and Textile Minister, Anand Sharma, announced a deal with Germany in the technology front. The collaboration will bring in direct benefits to SME enterprises that are operational in India.
Small and medium Enterprise sector of India employs 26 million people and contributes to 45% of manufacturing output and 40% ...
TAGS Tags: Affordable Generic Medicines, Anand Sharma, Commerce Industry and Textile Minister, German Collaboration with India, German Federal Minister of Economics & Technology, German Pharmaceutical Industry, German Year in India, India- German Trade, Indian SMEs, Indo-German Collaboration, Philipp Roessler, SME Sector of India
CATEGORIES Small Business Trade
Facebook and FICCI are collaborating to enable Indian SMEs harness the power of internet and social media. Facebook and FICCI are putting in effort to further expand the Global SMB Boost program.
For Indian small and medium enterprises, there will also be trade shows, online training sessions and conferences to help SMEs learn the techniques of marketing and building ...
TAGS Tags: Facebook and FICCI, Facebook Users, FICCI and Facebook Partnership, FICCIs, Global SMB Boost Program, Indian small and medium enterprises, Indian SMEs, Joint Collaboration, Markets in India, MSME sector, Power of Internet, SME Innovation, Social media, Social Media Presence
CATEGORIES Small Business Programs & Initiatives
IFC Gives $20 Million To Pragati India Fund, Makes Commitments For Other Organizations In India Too
By
Biz2Credit Advisor
International Finance Corporation (IFC) invested $20 million in Pragati India Fund. It is a Delhi based investment firm that makes funds available to SMEs in several states such as Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa, Rajasthan and West Bengal.
These low income states cannot attract private investments and are ignored for perception issues. Till date there has been not a single ...
TAGS Tags: Ambit Pragma Fund II, Forum Synergies (India) PE Fund, Global Infrastructure Fund, IFC, India, Indian SMEs, International Finance Corporation, Investment Firm, Investments in SMEs, Pragati India Fund, Private Equity Capital, Smaller Enterprises, SME funds, SMEs, Zephyr Peacock India Fund III
CATEGORIES Building Credit
Union Budget 2012-13 is a mixed bag for Indian SMEs. The proposals contained in the new budget drew mixed reactions from SME owners. Industry experts feel that in-spite of some concerns there are also positives for SMEs in the Budget.
The central excise and service tax tariff hike is affecting SME's heavily. The reason is it got introduced as 'stimulus package' ...
TAGS Tags: Central Excise and Service Tax Tariff, Goods and Services Tax, GST Dispute Settlement Authority, Indian IT SMEs, Indian SMEs, Industry Experts, Karnataka Small Scale Industries Association, KASSIA, National Skill Development Corporation, Prakash N Raikar, Service Tax Increase, SME Entrepreneurs, SME Functions, SME Owners, SME sector, SMEs in the Budget, stimulus package, Streamline Tax Compliances, Union Budget 2012-13
CATEGORIES Small Business Taxes
