The Kerala government made a strong pitch to attract manufacturers from western Tamil Nadu, positioning the proposed Integrated Manufacturing Cluster (IMC) at Palakkad as a natural extension of Coimbatore’s industrial ecosystem. Addressing the fifth edition of MSME conclave in Coimbatore on Saturday, Arun K Vijayan, Director of Industries, and ManagingContinue Reading
At the MSME Growth Conclave in Coimbatore, Raghuvir Srinivasan, Editor of The Hindu businessLine, outlined the critical role of Micro, Small & Medium Enterprises (MSMEs) in India’s economic landscape. In his welcome address, he highlighted how MSMEs account for almost one-third of India’s GDP, support a significant share of theContinue Reading
“It’s all about new money for MSMEs today.” Ravichandran Purushothaman, Chairman of CII Southern Region, and President of Danfoss India’s advice to entrepreneurs to “make new money, not the old money”, generated a quick response from an engrossed audience at businessline’s MSME conclave in Coimbatore on Saturday. He urged smallContinue Reading
Micro, small and medium enterprises (MSMEs) will play a pivotal role in helping India achieve developed nation status by 2047, but the sector requires stronger policy support, easier access to capital, infrastructure and talent, according to BV Naidu, Chairman of Karnataka Digital Economy Mission (KDEM). Delivering the keynote address atContinue Reading
India’s next manufacturing leap will come not from assembling more products but from owning the ideas behind them, said Sharan Prakash Patil, Karnataka’s minister for medical education and skill development, at the 5th edition of businessline MSME Conclave 2026. “We should move from ‘made in India’ to ‘designed, engineered andContinue Reading
(From left) Karthikeyan Mounaguruswamy, Immediate Past President, Codissia; Rahul Jyothi Kumaran, Head-SME business, Sundaram Finance; Kumar Duraiswamy, CEO, Eastern Global Clothing and Joint Secretary, Tirupur Exporters’ Association; and Lokeshwarri S K, Data Editor, The Hindu businessline Micro, small and medium-sized companies (MSMEs) face challenges that are dichotomous – working capitalContinue Reading
At the businessline MSME Growth Conclave 2026, industry leaders highlighted a growing challenge for small businesses—attracting, training and retaining skilled talent. Panellists pointed out that MSMEs often invest in building employee skills, only to see talent move to larger firms offering higher pay. Alongside this, rising compliance costs and evolvingContinue Reading
