Gandhinagar, Apr 13 (KNN) Nearly 80 percent of small-scale detergent manufacturing units in Gujarat have shut operations, with the remaining units likely to cease production soon due to a sharp rise in raw material costs, industry associations have claimed. The Gujarat Small Scale Detergent Manufacturers Association and the Soap andContinue Reading
New Delhi, Apr 21 (KNN) India’s manufacturing MSME sector saw moderation in growth momentum during the quarter ending March 2026 even as it continued to remain in expansion territory, according to PHD Chamber of Commerce and Industry’s (PHDCCI) latest SME Market Sentiment Index (SMESI) survey. Growth Slows, Outlook RemainsContinue Reading
New Delhi, May 5 (KNN) The Union Cabinet is likely to consider a Rs 2.5 lakh crore Credit Line Guarantee Scheme (CLGS) aimed at supporting micro, small and medium enterprises (MSMEs) and providing targeted relief to the aviation sector. The scheme is set to provide support to businesses hit byContinue Reading
New Delhi, May 18 (KNN) The Federation of Indian Micro and Small & Medium Enterprises (FISME) has urged the Society of Indian Automobile Manufacturers (SIAM) to ensure equitable sharing of rising input costs being borne by MSME auto component suppliers amid sharp increases in wages, energy prices and raw materialContinue Reading
New Delhi, May 26 (KNN) Union Finance Minister Nirmala Sitharaman on Monday launched a series of initiatives aimed at expanding credit access, supporting rural enterprise modernisation, and deepening financial infrastructure for micro, small and medium enterprises (MSMEs) at the Foundation Day event of the Small Industries Development Bank of IndiaContinue Reading
New Delhi, Jun 2 (KNN) India’s micro, small and medium enterprise (MSME) credit portfolio continued to grow in April 2026, but at a slower pace, as global uncertainties began to affect lending momentum, according to a report by credit bureau CRIF High Mark. The total MSME credit outstanding stood atContinue Reading
New Delhi, Apr 14 (KNN) The National Bank for Agriculture and Rural Development (NABARD) on Monday organised the national capital’s first-ever State Credit Seminar, marking the release of Delhi’s maiden State Focus Paper (SFP) for 2026–27. The document projects a priority sector lending (PSL) potential of around Rs 2.62 lakhContinue Reading
