The centre's decision to give permission to100% FDI for single brand retail is a cause of worry for small and medium enterprises (SME) sector. The Government of India has permitted 100% FDI in retail recently and has notified that wholly owned global brands will have to source 30% of their needs from domestic, small and cottage industries.

Federation of Indian Micro, ...

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The MSME ministry formed a Mohali Hitech Metal Cluster - a special purpose vehicle. This vehicle is helping out 100 bath fittings units around Mohali to develop a competitive edge. The bath fitting cluster is an 'innovative cluster' out of the 400 clusters available in the country. With soft interventions, 100 units have benefitted greatly. This is conveyed by K ...

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‘New Industrial and Investment Policy-2011’ of Haryana government gives state’s MSMEs a new life by embracing the cluster approach. The number of MSMEs in Haryana is estimated at 80,000. The MSMEs are victims of neglect and have been adversely affected by the slowdown.

The state government is assisting MSMEs to become ...

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Lean manufacturing technique as a philosophy has its roots ingrained in Japan. This is a method of production where customer value is taken care of while minimizing waste and using fewer resources. It is an effort to do “more with less” and hence increase productivity. SMEs in Northern region of the country are applying such lean manufacturing techniques for its ...

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The ministry of micro, small and medium enterprises wants finance ministry to provide tax concessions to venture capitalists and private equity players, who fund the small scale sector. “We will take up the issue (to provide tax breaks or sops to these firms) with the fina-nce ministry and the revenue department soon in order to attract more funds to the ...

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