The ongoing gas supply disruptions for industrial users has already started impacting the micro, small and medium enterprises and they are gearing up to seek moratorium on outstanding loans upto six months and fresh loans to deliver pending orders. Most of the MSMEs are sitting on good order book withContinue Reading
On March 14, the Tamil Nadu government announced a subsidy of ₹2 per unit of electricity for restaurants, hotels and tea shops that switch to electric stoves instead of commercial LPG cylinders to run their businesses. | Photo Credit: PERIASAMY M A critical shortage of LPG is pushing micro, smallContinue Reading
Artificial Intelligence (AI) could contribute between $135.6 billion and $149.9 billion to the growth of Micro, Small, and Medium Enterprises (MSMEs) in the manufacturing sector as early as 2035. This projection, according to a PwC report titled “Unlocking the AI Edge for MSMEs,” remains contingent on these enterprises accounting forContinue Reading
Walmart and FIEO officials at the Coimbatore summit Walmart Marketplace, in collaboration with the Federation of Indian Export Organisations (FIEO) hosted the Walmart Growth Summit: India Seller Day on Friday in Coimbatore. The event aimed to empower small and medium exporters with practical insights and best practices for cross-border trade,Continue Reading
Total bank credit to industries grew 10.1 per cent in the first ten months of FY26, up from the 6.3 per cent growth seen in the corresponding period of FY25. Micro and small industries (MSE), which have 23.5 per cent share in outstanding bank credit to industry, recorded 29.2 perContinue Reading
Chennai-based MSME lending platform Prayaan Capital has raised ₹ 110 crore in a Series A round led by Peak XV Partners, the company said on Thursday. The company said it will use the funds to build its lending platform, expand its team and grow its presence in MSME markets acrossContinue Reading
Food fortification is moving from policy documents to shelves in retail stores. For small and medium-sized millers (from the SME segment), there is an opening with new commercial channels of retail and institutional procurement are becoming accessible to them. Many national health surveys indicate that more than 67% of childrenContinue Reading
