David Parks's Articles http://www.a1articles.com en-us editorial@articlealley.com Carpet 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... http://www.a1articles.com/carpet-export-sector-regains-shine-post-downturn-1564592.html 24th May 2010 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... http://www.a1articles.com/india-inc-calls-for-continuation-of-stimulus-packages-1564507.html 24th May 2010 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... http://www.a1articles.com/riding-your-small-business-through-rocky-terrain-1564426.html 24th May 2010 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... http://www.a1articles.com/greater-indochina-trade-volumes-to-boost-smes-on-both-sides-1562310.html 21st May 2010 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... http://www.a1articles.com/coir-exports-surpass-rs-700crore-mark-for-fy10-1560065.html 21st May 2010 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 ... http://www.a1articles.com/ludhiana-smes-to-benefit-from-air-connectivity-1559982.html 21st May 2010 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 ... http://www.a1articles.com/carefully-plan-your-small-business-investments-1559894.html 20th May 2010 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 ... http://www.a1articles.com/ad-management-an-effective-tool-for-sme-success-1555734.html 19th May 2010 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... http://www.a1articles.com/promote-your-small-business-with-effective-pr-strategy-1553802.html 18th May 2010 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... http://www.a1articles.com/indoaustralian-young-firms-partnerships-to-promote-innovation-1551704.html 17th May 2010 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... http://www.a1articles.com/duty-drawback-withdrawal-distresses-punjab-textile-industry-1551590.html 17th May 2010 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... http://www.a1articles.com/people-management-crucial-for-growth-of-small-businesses-1551537.html 17th May 2010 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... http://www.a1articles.com/smes-hurt-by-sharp-hike-in-rubber-prices-1549676.html 14th May 2010 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... http://www.a1articles.com/industry-hails-spectacular-merchandise-export-growth-in-march-1549599.html 14th May 2010 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... http://www.a1articles.com/management-of-loans-through-emi-calculator-1548092.html 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... http://www.a1articles.com/power-shortage-cripples-haryana-smes-1547682.html 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... http://www.a1articles.com/indian-smes-to-gain-from-entry-of-us-european-counterparts-1547539.html 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... http://www.a1articles.com/software-licencing-policy-crucial-for-smes-1547352.html 14th 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... http://www.a1articles.com/erode-sme-powerloom-units-resume-operations-1543444.html 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... http://www.a1articles.com/naming-your-small-business-right-1543397.html 12th 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... http://www.a1articles.com/smes-cashing-in-on-twitter-craze-1539559.html 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... http://www.a1articles.com/printing-ink-smes-focusing-on-technology-upgradation-1537442.html 10th 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... http://www.a1articles.com/grow-your-small-business-via-diversification-route-1537404.html 09th 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... http://www.a1articles.com/additional-export-support-measures-likely-msmes-hopeful-1535774.html 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... http://www.a1articles.com/fta-to-accelerate-indovietnam-trade-1535730.html 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... http://www.a1articles.com/hire-right-talent-to-scale-greater-heights-1535618.html 07th 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... http://www.a1articles.com/indian-yarn-export-ban-hurting-bangla-weaving-units-1531658.html 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... http://www.a1articles.com/fieo-recommends-measures-to-boost-exports-1531628.html 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... http://www.a1articles.com/export-plan-necessary-for-smes-to-make-overseas-gains-1531516.html 05th May 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... http://www.a1articles.com/govt-move-on-depb-hailed-by-smes-tea-1527489.html 30th April 2010 Endless wait for SMEs at Stephen Court to resume business Even after a month of the mishap at the Stephen Court building in Kolkata, which left several people dead and many injured, small businesses housed in that building have still not been allowed to open their units. Many of them are waiting for the green si... http://www.a1articles.com/endless-wait-for-smes-at-stephen-court-to-resume-business-1527385.html 30th April 2010 Strategy gets small businesses going Devising a strategy is the most critical task for a company to help create value and achieve its commercial objectives. A well-documented and properly implemented strategy enables a company to get its products off the ground and help it to position itself... http://www.a1articles.com/strategy-gets-small-businesses-going-1527336.html 30th April 2010 Belgium seeks to strengthen ties with AP IT industry Ralph Moreau, first secretary (science and technology), embassy of Belgium in India, on behalf of his country has expressed keen interest to forge closer trade links with companies in the IT sector of Andhra Pradesh (AP). In a bid to enhance trade and ... http://www.a1articles.com/belgium-seeks-to-strengthen-ties-with-ap-it-industry-1525420.html 29th April 2010 Scheme to encourage establishment of micro units in TN The government has come up with a scheme to support 10,000 unemployed youth in Tamil Nadu (TN) by setting up micro enterprises and for this purpose it has also set aside Rs 100 crore for 2010-11. Banks will extend loans and help in ensuring proper impleme... http://www.a1articles.com/scheme-to-encourage-establishment-of-micro-units-in-tn-1525384.html 29th April 2010 R&D to steer innovation among SMEs In order to stay competitive and scale up the growth ladder, SMEs need to constantly innovate and improve their product lines. However, this can be achieved by undertaking wide range of R&D activities. From helping companies to enhance their production, e... http://www.a1articles.com/rd-to-steer-innovation-among-smes-1525301.html 29th April 2010 Biotech incubation facility to come up soon for WB SMEs SME pharmaceutical units in West Bengal (WB) will soon be able to get access to better facilities, thanks to the state government's decision to set up a biotechnology incubation facility. While addressing media persons on the sidelines of a seminar, Dr... http://www.a1articles.com/biotech-incubation-facility-to-come-up-soon-for-wb-smes-1523430.html 28th April 2010 TERI, HSBC acknowledge SMEs’ CSR efforts SMEs in India that shouldered corporate social responsibilities (CSR) have been awarded with ‘HSBC Living SME Awards', a joint endeavour by The Energy and Resources Institute (TERI) and HSBC. Appreciating efforts undertaken by HSBC and TERI towards a... http://www.a1articles.com/teri-hsbc-acknowledge-smes-csr-efforts-1523322.html 28th April 2010 SMEs looking to beat competition with inventory management In the current business scenario where competition has intensified in line with multiplying opportunities, there is a need for SMEs to pay optimum attention to all aspects of management to stay ahead in the rat race. Among the diverse concepts, inventory ... http://www.a1articles.com/smes-looking-to-beat-competition-with-inventory-management-1523263.html 28th April 2010 NSIT and KIIT chosen to set up incubators for Orissa entrepreneurs The Ministry of MSMEs has chosen the National Institute of Science and Technology (NIST) in Berhampur and Kalinga Institute of Industrial Technology (KIIT) University in Orissa besides 22 other reputed institutes to fulfil its goal of setting up well-equi... http://www.a1articles.com/nsit-and-kiit-chosen-to-set-up-incubators-for-orissa-entrepreneurs-1520215.html 27th April 2010 CII (NR) to focus on higher industrial growth of SMEs in the region The Confederation of Indian Industry (CII)-Northern Region has decided to promote SMEs engaged in precision engineering and steel re-rolling in the region and encourage them to explore new opportunities in emerging as well as existing industries, includin... http://www.a1articles.com/cii-nr-to-focus-on-higher-industrial-growth-of-smes-in-the-region-1520178.html 27th April 2010 SMEs to increase spending on data storage, backup services During a crucial business session presentation, Nitin Kumar, a budding entrepreneur in the IT sector, lost all important data that he had stored in a hard drive, when his computer crashed and the system failed. Not only did he lose valuable data but he al... http://www.a1articles.com/smes-to-increase-spending-on-data-storage-backup-services-1520137.html 27th April 2010 Rising steel prices vex Punjab MSMEs The recent surge in steel prices has become a serious cause of concern for the steel industry in Punjab, especially MSMEs. Irked by the hike in input costs, small industrial units have sought the Union government's intervention to regulate the steel price... http://www.a1articles.com/rising-steel-prices-vex-punjab-msmes-1515979.html 23rd April 2010 Review of Uttarakhand hill development policy on cards The Uttarakhand government is likely to review the state hill industrial policy in order to create a favourable investment environment in the region and fuel the growth of SMEs. "Failure of the state's hill development policy to attract major investmen... http://www.a1articles.com/review-of-uttarakhand-hill-development-policy-on-cards-1515931.html 23rd April 2010 Funding still an issue for MSMEs A recent study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) revealed that micro and small enterprises (MSEs) are suffering severely due to lack of adequate credit availability and late payments, with most of them opera... http://www.a1articles.com/funding-still-an-issue-for-msmes-1507619.html 19th April 2010 Small businesses blogging their way to success Whether it is expressing anger or happiness over a particular cause, making one's Internet diary public or simply stating views on socio-political or economic issues, blogging has become the buzzword among individual Internet users as well as organisation... http://www.a1articles.com/small-businesses-blogging-their-way-to-success-1507564.html 19th April 2010