Chief Minister N Chandrababu Naidu Andhra Pradesh Chief Minister N Chandrababu Naidu will virtually launch 38 MSME parks across the state on Monday as part of the government’s push to strengthen the industrial ecosystem and promote entrepreneurship. According to the CM, the Micro, Small and Medium Enterprises (MSME) parks initiativeContinue Reading
Union Commerce and Industry Minister Piyush Goyal has underlined the growing strength of the India-US strategic partnership while positioning India’s MSME sector as a major driver of global supply chains and long-term economic growth. Speaking at a recent industry interaction, Goyal said India remains committed to becoming a trusted globalContinue Reading
/smstreet/media/media_files/2026/05/21/ketan-gaikwad-md-and-ceo-rxil-2026-05-21-17-07-29.jpg?w=690&resize=690,550&ssl=1 "India’s TReDS Ecosystem Emerges as a Digital Lifeline for MSMEs")
India’s Trade Receivables Discounting System (TReDS) is increasingly being viewed as a game-changing financial infrastructure for the country’s MSME sector. Designed to help small businesses unlock working capital faster, the platform is now evolving beyond a niche financing tool into a broader digital ecosystem aimed at improving liquidity, payment cycles,Continue Reading
Dr Rajneesh, Additional Secretary and Development Commissioner (MSME), met Chief Secretary Manoj Agarwal to discuss accelerating implementation, improving beneficiary identification and expanding outreach among traditional artisans and craftspeople. | Photo Credit: VENKATACHALAPATHY _C The Centre’s flagship scheme, PM Vishwakarma, is set for implementation in West Bengal, the MSME Ministry saidContinue Reading
India and Brazil have signed a Memorandum of Understanding (MoU) to deepen cooperation between their Micro, Small and Medium Enterprises (MSMEs) and promote a green economic transition, officials said. The agreement was formalised during the visit of Brazilian President Luiz Inácio Lula da Silva to India, reflecting the growing economicContinue Reading
The Andhra Pradesh government has launched a ₹200-crore cluster development programme to strengthen the state’s Micro, Small and Medium Enterprises (MSMEs) and generate employment by fostering organised industrial clusters. Under this initiative, the government aims to develop 45 MSME clusters across the state, potentially creating around 7,032 direct jobs byContinue Reading
The Central Bank of India recently organised a large-scale credit outreach initiative to support Micro, Small and Medium Enterprises (MSMEs), sanctioning loans worth ₹127 crore in Narela, North Delhi. The event, held at the Shiv Mandir Agarwal Dharamshala in Purani Anaj Mandi, was part of a “Nationwide Mega MSME CreditContinue Reading
