Just two years ago, the machine tool industry, an important component of manufacturing activity, had been struggling. It remained incapable to pay wages to workers and didn’t have the ability to retain them. The slowdown in industrial activity and cancellation of orders led to this turmoil. This sector now has recovered and is recruiting large no. ...

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Seeing the capability of SME in executing projects, the Union ministry is considering reserving 10 percent of IT enabled projects for Small and Medium Enterprises (SMEs). The proposal is being circulated among the state governments to get a better response and to receive recommendations from stake holders. It is expected that the companies will get direct orders and even ...

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