Author RSSBe innovative to beat competition
In this competitive age, small enterprises need to focus largely on its innovative abilities in order to gain an edge over its competitors and sustain long-term success. Innovation is the operating keyword for the higher growth of SMEs and in supporting t...
MSME minister urges for collective working of state govts and industry associations
During his recent address in the 7th Meeting of the National Board for MSME (NBMSME), Dinsha Patel, minister of state (independent charge) for MSMEs, urged state governments and industry associations to cooperate and work jointly to ensure greater develop...
BHEL SME suppliers set to increase capacity
SMEs in and around Tiruchirappalli catering to Bharat Heavy Electricals Limited (BHEL) are planning to increase their capacity in a bid to meet the power requirement by the public sector company better. To improve their facilities and enhance production, ...
Orissa seeks conversion of IED to national level institute for MSMEs
In a bid to boost entrepreneurial skills among SMEs, the Orissa government has sent a proposal to the Ministry of MSMEs with regard to establishment of a national level Entrepreneurship Development Institute in the state.
"In the proposal sent to the M...
Road ahead looks tough for MSME exporters, says DEA
The Delhi Exporters Association (DEA) has expressed concern on the issue of rupee fluctuations, stating that this might lead to the closure of nearly 40% export units in the country unless some remedial measures are undertaken by the government immediatel...
Strengthening customer relationships crucial for SMEs
Success of any business - small, medium or large - greatly depends on customer satisfaction and the manner in which an enterprise makes attempts to cater to client requirements and boost customer relationships. It is herein that the concept of customer re...
India-ASEAN to resume negotiations over open service trade
With a view to enhance the scope of the Free Trade Agreement (FTA) between both sides as well as open service trade, India and the Association of Southeast Asian Nations (ASEAN) are likely to initiate second round of negotiations very soon. This was revea...
Indian SMEs taking to ‘green’ technologies
Growing awareness of the advantages associated with adoption of ‘green' practices is encouraging majority of SMEs in India to increasingly take to eco-friendly technologies. However, it is not only environmental concerns but also several other factors t...
Govt committed to double credit flow to MSME sector
MSMEs in India will soon be able to get access to adequate funds thanks to the initiative undertaken by the Indian government to increase credit flow by two times to the sector.
Speaking during an event organised by Small Industries Development Bank of...
Small businesses becoming tech-savvy
In today's world, most SMEs in India can do little without the use of technology in all aspects, whether it is concerning their production, management, finance, administration, distribution or marketing. Technology has become a vital component for most SM...
Constant Requirement of Communication Cables
Communication s and media is a vast field and everyone wants to get connected with each other. These days, communication cables are very important to connect the people through landline and internet. According to survey conducted, approximately 7million p...
Select export sectors get Rs 625-crore relief
SMEs in select export sectors, which have been demanding incentives from the government since long due to consistent contraction in overseas shipments, can now heave a sigh of relief with Rs 625 crore as incentives being announced for the sector.
Speak...
Managing cash flow by cutting costs
Managing finances in a small business is way more difficult as compared to a big corporate group since SMEs mostly suffer from financial constraints and face resource crunch. To maintain a smooth cash flow effectively, small firms need to know the art of ...
Effective sales pitch crucial to close deals
Mantra for bagging crucial and prestigious projects does not alone depend upon the product and services offered by a particular company, but largely upon the effectiveness of the sales pitch, which has the potential to make or break deals. However, most S...
Boost to Jalandhar SME sports goods manufacturers
SME sports goods manufacturing units in Jalandhar are witnessing brisk business over the last few months thanks to the mania associated with the Fédération Internationale de Football Association (FIFA) World Cup.
Spurt in demand ahead of the FIFA Wor...