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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Andhra farmers are going to receive loans after Chief Minister, Mr N. Kiran Kumar Reddy requested banks to step up lending during Rabi season. In the 176th State Level Bankers Committee meeting, Reddy said that banks will have to repeat their performance as in 2010-11 when their advances crossed the target by more than 18 percent. As of Sept 30th, ...

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There are around three million small and medium enterprises (SMEs) in India with over 10 percent present in Gujarat itself. The SMEs in Gujarat are trying to better manage their data backup and emails and have started to avail the services of cloud solution providers.

The government has also made commitments to collaborate with cloud service providers so as to ...

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Rajkot Machine Tools Manufacturers Association (RMTMA) has decided to impart education to workers of small and medium enterprises (SMEs) on subjects related to marketing, technology, tools, designs and event management. Some latest programs have been started with the aid of United Nations Industrial Development Organisation (Unido). Rajkot is second largest to Bangalore as machine tools manufacturing hub. It has an annual ...

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Senators of different US states met the Indian Commerce and Industry Minister Anand Sharma to discuss possible ways for improving the bilateral trade between the two countries giving special importance to the small and medium enterprises (SMEs).

Sharma expresses optimism for improving opportunities of investment between the two countries. This is because India and US are together working ...

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