Author RSSFIEO seeks stability on exchange rate
The Federation of Indian Export Organisations (FIEO) has called for a fixed exchange rate for exports to add to the competitiveness of the Indian export sector amid volatile currency options.
"The government can undertake measures to provide stability ...
Efforts on to accelerate Indo-Malaysian trade volumes
The growing Indian economy has aroused interest among Malaysian government officials and industries to enter into trade with Indian counterparts and enhance its bilateral trade and investment. This is further underlined by the recent spate of high-profile...
Kitchen Appliances manufacturers and suppliers
Kitchen appliances play a crucial role in the social set-up of the house. They should be in proper working condition to maintain peace at home. When small kitchen equipment gets defected, then the whole house has to suffer because of this and if the appli...
SME garment exporters left coverless
Appreciation of the rupee against the two major trade-related currencies, dollar and euro, is dealing a severe blow to the SME garment export sector, which was already suffering due to global recessionary pressures.
"Rupee volatility has resulted in de...
Get armed with right marketing weapons
With intensifying competition and diversifying markets, it has become imperative for businesses, small, medium or large, to know the right strategy to promote their products and services and to be equipped with appropriate marketing tools. Adopting a suit...
Indian SMEs to explore Afro agriculture sector
A recent paper released by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) revealed that bilateral trade between India and Africa may grow by 22% by 2012, reaching an estimated US$55 billion.
Growing trade volumes between India and...
Textile SMEs in Kerala to benefit from Kannur textile centre
Small-scale textile units in Kannur, Kerala will soon be able to get access to advanced facilities, thanks to the initiative undertaken by the Kerala Industrial Infrastructure Development Corporation (KINFRA) to promote a textile centre in the region.
...
Facebook scores over Google among SME business users
Gone are the days when Google enjoyed a monopoly in the online market space and most SME entrepreneurs relied on this tool for promoting their offerings and getting access to news stories. Today Google faces stiff competition from Facebook as more individ...
Kashmiri shawl makers in jeopardy from Chinese units
Kashmiri small-scale handmade shawl makers are facing a serious threat from Chinese counterparts as machine-made shawls made in China are gaining more prominence over their goods in both domestic and international markets.
The Kashmir Chamber of Commer...
Right pricing: Imperative for SMEs to stay competitive
In the current competitive market, offering world-class products and services is not enough. One needs to pay equal attention to pricing of the offerings. Setting the right price on products and services can work wonders for SMEs in India since it is this...
MSME Ministry inks MoU with NSIC to benefit MSMEs
Dinesh Rai, secretary of the Ministry of MSMEs, recently inked a memorandum of understanding (MoU) with HP Kumar, CMD of the National Small Industries Corporation (NSIC), with regard to promoting further growth of the MSME sector in India in 2010-11.
T...
Corporate governance imperative for SMEs
Rise in incidence of corporate debacles and scams in India such as the Satyam fiasco and the recent case of embezzlement by a Wipro insider only brings out the need for India Inc, including the SME sector, to have strong corporate governance policies in p...
Anand Sharma calls for greater credit support for rural SMEs
In a bid to facilitate an all-inclusive development of the SME sector in India and integrate rural areas with the country's economic processes, the Union commerce and industry minister, Anand Sharma has sought more credit facilities to be made available b...
Staying ahead in the rat race
Edging past competitors and taking lead in the corporate world is something that most SMEs in India can only dream of but they fail to implement policies and ideas that can take them to the top. Most small-scale companies still lack the right approach, wh...
Staying ahead in the rat race
In today's tight credit market, borrowers need to be in tip-top financial health and have the documentation to prove it. Here's how to improve the terms you'll get.
Reduce debt. Lenders check how much of your income goes to pay your debts. Paying d...