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
India is aiming to build a $500 billion electronics industry by 2030, but can it move beyond basic assembly to true value creation? At a recent industry conclave, speakers at the fifth edition of businessline MSME Growth Conclave on Thursday highlighted how MSMEs could play a crucial role in transformingContinue Reading
From a 15-year-old travelling in a milk truck to building one of India’s leading dairy brands—Milky Mist’s Chairman & Managing Director, Satish Kumar T shares his remarkable journey at the businessline MSME Growth Conclave 2026. Starting from a small milk trading business in Erode, Kumar turned to paneer—a niche productContinue Reading
The report comes at a time when India is positioning its financial sector to support long-term economic expansion. Only 14 per cent of India’s micro, small and medium enterprises (MSMEs) have access to formal credit despite the country’s rapid advances in digital finance, leaving millions of businesses dependent on informalContinue Reading
Observed every year on June 27, World MSME Day recognises the vital contribution of micro, small, and medium enterprises in driving economic growth, innovation, and employment. In India, 8.77 crore registered MSMEs contribute 31.1 per cent of GDP, account for 35.4 per cent of manufacturing output, and 48.58 per centContinue Reading
