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David Parks


Member Since: 26th November 2008
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No of Articles: 516
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14th May 2010

Power shortage cripples Haryana SMEs

Despite buoyancy in the market for their products and services, SMEs in Haryana are finding it difficult to sustain their operations due to crippling power shortage. The paucity of power supply has become a serious cause of concern for agriculture impleme...

14th May 2010

Indian SMEs to gain from entry of US, European counterparts

Employment opportunities as well as demand for services of Indian firms is expected to witness a major jump in the coming few years as a large number of SMEs in the US and Europe are planning to set up their operations in India. Industry experts observ...

14th May 2010

Software licencing policy crucial for SMEs

Going by the rising cases of security breaches and malicious virus attacks, it has become imperative for SMEs to be on the right side of IT-related laws and adopt suitable measures to guard their systems and applications. Besides deploying necessary softw...

12th May 2010

Erode SME powerloom units resume operations

After observing a 6-day long strike that began on April 26, 2010, several SME powerloom units in Erode have called off the strike and resumed production. "Several Erode-based small-scale powerloom units went on a strike to express their resentment agai...

12th May 2010

Naming your small business right

One might argue what's in a name as it is hard work and quality offerings that matter in a business. However, when it comes to naming a small business, selecting an appropriate name holds a lot of value. Choosing the right name can work wonders for your s...

10th May 2010

SMEs cashing in on Twitter craze

Today wherever one looks around, someone can be found twitting, be it for business or personal reasons. From political figures and movie celebrities across the globe to business tycoons and socialites to the common mass, the latest micro-blogging sensatio...

10th May 2010

Printing ink SMEs focusing on technology upgradation

With rapid growth witnessed in the printing ink market in India, small-scale domestic players are also improving their manufacturing facility and undertaking crucial measures to cater to the increasing market requirements. A recent case in point is the...

09th May 2010

Grow your small business via diversification route

In the business world characterised by fierce competition and number-game, foraying into new segments, expanding product portfolio as well as reaching out to unconventional markets have become imperative for small businesses. Strategic diversification...

07th May 2010

Additional export support measures likely, MSMEs hopeful

The Indian export sector is likely to receive more assistance from the government in order to resolve export-related hurdles. While releasing ‘Strategy Paper on the Growth of Engineering Exports' in the national capital, Anand Sharma, Union commerce and...

07th May 2010

FTA to accelerate Indo-Vietnam trade

Vu Quang Diem, ambassador of Vietnam to India, recently revealed that bilateral trade between India and Vietnam is expected to receive a major impetus due to the inking of the free trade agreement (FTA) with the Association of Southeast Asian Nations (ASE...

07th May 2010

Hire right talent to scale greater heights

For a large number of SMEs, hiring the right personnel for the right job often ranks much low in the priority list as most of the times they are engaged in dealing with other issues such as getting access to adequate funds, securing smooth and easy paymen...

05th May 2010

Indian yarn export ban hurting Bangla weaving units

Following the recent ban imposed by India on export of cotton yarn to Bangladesh, the latter is looking for other markets to import its yarn requirement and fulfil the market demand, a major part of which was substantially met by Indian yarn exporters ear...

05th May 2010

FIEO recommends measures to boost exports

The Federation of Indian Export Organisations (FIEO) has recently recommended a slew of measures to the Directorate General of Foreign Trade (DGFT) in order to enhance the performance of the Indian export sector in 2010-11 as compared to 2009-10, where ex...

05th May 2010

Export plan necessary for SMEs to make overseas gains

Developing an export plan is a crucial step for exporters, both small and large enterprises, to maintain a high growth rate. Going by the significant presence of SMEs in the Indian export sector, it has become imperative for small units to chalk out a wel...

30th April 2010

Govt move on DEPB hailed by SMEs, TEA

The recent announcement made by the Union government to suspend the Duty Entitlement Pass Book (DEPB) benefits provided to cotton yarn exporters at the rate of 7.67% has been welcomed by SME apparel manufacturers as well as the Tirupur Exporters' Associat...