Gandhinagar, July 27 (IANS) Gujarat Science and Technology Minister Arjun Modhwadia on Monday said the proposed Mega Greenfield Shipbuilding Park at Kuchhdi in Porbandar, together with the newly launched ‘Gujarat Shipbuilding and Repair Policy 2026’, is expected to generate large-scale employment and create new opportunities for micro, small and medium enterprises (MSMEs) linked to the maritime sector. Addressing a press conference after Chief Minister Bhupendra Patel unveiled the state’s new sh…
Latest MSMEs News & Updates
New Delhi, July 27 (IANS) The government on Monday announced the setting up of a task force to support the toy sector and identify interventions towards achieving the goal of reaching a 5 per cent share in the global toy market by 2032.The task force will work towards achieving six objectives — integration with global value chains, strengthening manufacturing capabilities, resolving value chain bottlenecks, creating skilled workforce and employment, enabling design and innovation, and enhancin…
New Delhi, July 27 (IANS) The government has said that ‘Corporate Mitras’ are envisaged to provide accessible, affordable, and quality compliance and business support services to Micro, Small and Medium Enterprises (MSMEs), while creating a pool of trained para-professionals by equipping young graduates with industry-relevant knowledge and practical skills.Towards this, the Indian Institute of Corporate Affairs (IICA), Shillong, under the Ministry of Corporate Affairs, organised a webinar fo…
New Delhi, July 25 (IANS) The India-UK free trade agreement (FTA) can help bilateral trade trajectory expand from $58 billion in 2025-26 to $115 billion by 2030, along with the possible creation of 7-10 lakh new employment opportunities, according to a new Assocham study.The India-UK FTA, which is now in force since July 15, 2026, is expected to expand business horizons via increased market access and create new employment opportunities for the young population, said the study by Assocham Global…
Bucharest, July 24 (IANS) President Droupadi Murmu on Friday paid her respects at the Tomb of the Unknown Soldier in Romania’s Bucharest before the conclusion of the last leg of her three-nation Europe visit.”President Droupadi Murmu paid her respects at the Tomb of the Unknown Soldier at Bucharest, Romania. The monument embodies Romania’s gratitude to its fallen soldiers and is a national symbol of patriotism, unity, and peace,” the President’s Secretariat wrote on X.Earlier in the day, Presi…
New Delhi, July 24 (IANS) President Droupadi Murmu on Friday urged Romanian companies to actively participate in India’s growth story as the country has emerged as the world’s fastest growing economy, offering immense opportunities for international partnerships, investment and technology collaboration.Addressing the India–Romania Business Forum at Bucharest, the President said that Romania, with its strategic location at the crossroads of Europe, highly skilled human resources, advanced i…
New Delhi, July 24 (IANS) The Centre has released Rs 266.64 crore as incentives under the Production Linked Incentive (PLI) Scheme for Medical Devices up to FY 2024-25, while Rs 209.80 crore has been disbursed under the Medical Device Parks Scheme, Union Minister for Chemicals and Fertilisers JP Nadda informed the Lok Sabha on Friday.In a written reply, Nadda said that of the Rs 209.80 crore released for medical device parks, Rs 177.98 crore has already been utilised.Under the Scheme for Strengt…
New Delhi, July 23 (IANS) Improving rail accessibility for micro, small and medium enterprises (MSMEs) could unlock significant rail freight growth by lowering logistics costs and adding a customer segment for rail services, a report said on Thursday.The report from FICCI and KPMG in India said many MSMEs remain dependent on road transport despite rail’s structural cost advantage because of fragmented consignments, limited cargo aggregation, inadequate terminal access, first‑ and last‑mile…
New Delhi, July 22 (IANS) India has reaffirmed support for balanced, rules-based, development-oriented and transparent World Trade Organisation (WTO) reforms that preserve and strengthen the multilateral trading system.During India’s 8th Trade Policy Review (TPR) at the WTO in Geneva, Commerce Secretary Rajesh Agarwal highlighted strong economic performance, with the country recording an average annual growth of nearly 8 per cent during the review period despite an exceptionally challenging gl…
Bhubaneswar, July 21 (IANS) Chief Minister Mohan Charan Majhi congratulated the people of Odisha, all departments of the Government of Odisha, industry partners, entrepreneurs, investors and public servants following the state’s recognition among the top five states in NITI Aayog’s first-ever Investment Friendliness Index (IFI) 2026. Describing the recognition as a significant milestone in Odisha’s development journey, the Chief Minister said the achievement reflects the state’s unwaveri…