New Delhi, May 5 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved a Rs 1,570 crore proposal on Tuesday for the development of a state‑of‑the‑art Ship Repair Facility at Vadinar in Gujarat, marking a major expansion of the national ship repair ecosystem. The project will be jointly implemented by the Deendayal Port Authority (DPA), which is the administrative authority that runs the Kandla port, and the Cochin Shipyard Limited (CSL).The pro…
Latest MSMEs News & Updates
New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the launch of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aimed at providing crucial financial support to businesses impacted by the ongoing West Asia crisis.Under the new phase of the scheme, the government will extend enhanced credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC).The scheme offers 100 per cent guarantee coverage for micro…
Prayagraj, May 5 (IANS) Minister of State (MoS) for Defence, Sanjay Seth, on Tuesday asked defence equipment MSMEs and start-ups to think out-of-the-box to stay ahead of the technology curve and continue bolstering the performance of defence forces. Addressing the North Tech Symposium in Uttar Pradesh’s Prayagraj, the MoS credited the success of Operation Sindoor to the courage of the defence forces and the complementary role played by the effectiveness of indigenous state-of-the-art weapons and…
New Delhi (IANS) India’s exports of steel rose by 29.1 per cent in March 2026 compared to the same month of the previous year, while imports declined sharply by 9.5 per cent, reflecting the increasing self-reliance in the sector, according to an official statement issued on Tuesday.The positive shift underscores India’s emergence as a reliable global steel supplier. It also demonstrates the country’s improved ability to meet rising domestic demand.India’s steel production registered a ro…
Prayagraj, May 5 (IANS) Minister of State (MoS) for Defence Sanjay Seth on Tuesday asserted that India’s military strength is rooted in its domestic defence manufacturing capabilities, while also praising the armed forces for the success of Operation Sindoor, supported by indigenous weapon systems. “India’s military might is forged in the factories of our defence industries,” Seth said, crediting the success of Operation Sindoor to the courage and determination of the Indian armed forces, furthe…
Surat, May 5 (IANS) More than 45 international buyers from 15 countries participated in a Reverse Buyer-Seller Meet (RBSM) in Surat, creating direct trade linkages with micro, small and medium enterprises (MSMEs) from South Gujarat during the third edition of the Vibrant Gujarat Regional Conference (VGRC). The two-day conference was held on Monday at Auro University and follows earlier regional editions organised in Mehsana and Rajkot as part of efforts to promote industrial growth across differ…
New Delhi, May 4 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held talks with a Japanese delegation to strengthen bilateral trade and investment relations.”Met the delegation led by Mr Takayuki Kobayashi, Member of the House of Representatives and Chairperson of the ruling Liberal Democratic Party’s (LDP) Policy Research Council, Japan,” Goyal said in a post on X.”Discussed strengthening India–Japan economic engagement, enhancing MSME partnerships, and deepening collaboration…
New Delhi, May 4 (IANS) Defence Minister Rajnath Singh will inaugurate a North Tech Symposium in Prayagraj on Monday and kick off discussions among military brass and technology companies for the identification of technologies suited for field deployment.Themed ‘Raksha Triveni Sangam – Where Technology, Industry & Soldiering Converge’, the symposium in Prayagraj, Uttar Pradesh, will be a three-day event being jointly organised by the Northern Command and Central Command of the Indian Army …
Prayagraj, May 3 (IANS) Defence Minister Rajnath Singh will inaugurate a North Tech Symposium here on Monday and kick off discussions among military brass and technology companies for the identification of technologies suited for field deployment, an official said. Themed ‘Raksha Triveni Sangam – Where Technology, Industry & Soldiering Converge’, the symposium in Prayagraj, Uttar Pradesh, will be a three-day event being jointly organised by the Northern Command and Central Command of the I…
Surat, May 2 (IANS) Micro, small, and medium enterprises (MSMEs) were identified as a key driver of India’s push towards global competitiveness and self-reliance during discussions at the MSME Conclave held as part of the Vibrant Gujarat Regional Conference (VGRC) in Surat. At the programme, experts focused on digital transformation, supply chain integration, and international market access.The session, held at Auro University on the second day of the conference, centred on productivity …