Author RSSCarpet export sector regains shine post downturn
MSMEs in the carpet export sector have a reason to rejoice as exports of the commodity surged robustly in April 2010. According to the data provided by the Carpet Export Promotion Council (CEPC), carpet exports from India have grown by more than 18% in Ap...
India Inc calls for continuation of stimulus packages
India Inc feels that the government should continue the stimulus packages it had offered, especially to the MSME sector, even during 2010-11. This was revealed during a survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHA...
Riding your small business through rocky terrain
Adverse economic climate and market uncertainty often sends small businesses into a tizzy, compelling several to press the panic button without braving the odds. Managing a small business during tough times becomes all the more challenging and difficul...
Greater Indo-China trade volumes to boost SMEs on both sides
A senior diplomat of China recently revealed that the two-way trade between India and China will reach the US$60-billion mark by December 2010. Enhanced trade volumes between India and China are expected to bolster commercial relations and also open up ne...
Coir exports surpass Rs 700-crore mark for FY’10
SME coir exporters in India have a reason to rejoice as export volumes for 2009-10 grew 15% more than the target set by the MSME Ministry for the last financial year. According to the official estimates, coir exports touched Rs 804 crore during the last f...
Ludhiana SMEs to benefit from air connectivity
Commencement of flights from Ludhiana starting this month has come as good news for not only air travellers in the city but also the city's industrial segments, including the SME sector.
"With Ludhiana being on the air map, industrial, trading as well ...
Carefully plan your small business investments
It is often seen that most small businesses lag behind their bigger peers in the market with regard to making good money and earning higher return on investments (RoIs) due to improper investment plans. Lack of clarity on trading channels as well as risk ...
Ad management: An effective tool for SME success
Advertising is one of the most vital tools in creating a powerful impact for a particular brand in today's competitive world. Small or big, public or private sector, all swear by the importance of promoting one's brand and acknowledge the significance of ...
Promote your small business with effective PR strategy
If you are a small business and wish to get good publicity in a short span of time without spending huge amount of money, then hiring the service of a public relation (PR) firm is the best bet. Resorting to services provided by PR firms can prove to be hi...
Indo-Australian ‘young’ firms partnerships to promote innovation
During a summit organised in New Delhi, speakers opined that Australian businesses should explore possibilities of strengthening commercial ties with Indian counterparts and partner with ‘young', small firms than big players in order to build innovation...
Duty drawback withdrawal distresses Punjab textile industry
The recent announcement by the Central government to withdraw duty drawback at the rate of 4% has upset the Punjab textile sector, particularly small-scale textile manufacturers in the state.
"Withdrawal of duty drawback benefits, following the suspens...
People management crucial for growth of small businesses
For most small businesses, human resource management often ranks low in priority as compared to other aspects of operation such as finance, production, fund procurement distribution and marketing, which take precedence. However, personnel management is as...
SMEs hurt by sharp hike in rubber prices
SMEs across India, which use rubber as their chief raw material, are facing a threat to their sustenance due to the steep hike in natural rubber prices over the last few months.
"Sharp rise in natural rubber prices is detrimental to the interests of sm...
Industry hails spectacular merchandise export growth in March
According to the recently released trade data by the Department of Commerce, merchandise exports have grown at an impressive rate of 54% in March 2010 to US$19.9 billion, recording the fastest growth pace since March 2004. However, the overall value of ex...
Management of Loans Through EMI Calculator
Equated Monthly Installments or Emi is the commonly used mode of loan payment. People take a lump-sum loan from the financial Institutions and make the payment in the form of EMI. These can be defined as fixed amount of loan repayment made every month inc...