Market regulator SEBI's issuance of guidelines for market makers on SME exchange or a separate platform of existing exchange having nation wide terminal is a major step towards the corporatisation of the SMEs and marks the beginning of the gradual roll out of the SME Exchange, said a industry body.
Shying away from risking their capital in small and medium enterprises (SMEs) in the wake of the economic slowdown, Private equity (PE) investment in the SME sector dipped to USD 580 million in 2009, down about 68 percent year-on-year.
The credit-deprived Small and Medium Enterprises (SMEs) is likely to benefit from the concept factoring services as it would be an alternative window for SME financing in India.
In an exclusive interview with SME Times, Rajesh Dubey, Executive Director, ICRA Online Limited, said the number of SMEs who are availing the benefits of credit rating is a small percentage, and it has to take advantage of it in the future for the growth of the sector.
Most small and medium enterprises (SMEs) in Gurgaon (Haryana) are running on diesel due to heavy power cuts since the start of summer and have lost up to Rs.200 crore in delays or loss of production, the Gurgaon Industries Association said Friday.
Indian small and medium-sized enterprises (SMEs) lack proper strategies to remove the impediments which constrain them to adopt Information Communication Technologies (ICT), the National Association of Software and Services Companies NASSCOM President Som Mittal told SME Times recently.
The biggest ever business delegation from India, comprising around 70 percent of the Small and Medium Enterprises (SMEs), is likely to participate in the International Fair of Bogota in Columbia in October this year, said the Ambassador of Colombia to India, Juan Alfred Pinto Saavedra to SME Times in New Delhi recently.
Small and Medium Enterprises (SMEs) in India are research-averse and uncomfortable to spend much on research and development activities, said the Chairman and Managing Director, National Research Development Corporation (NRDC), Somenath Ghosh to SME Times in New Delhi on Tuesday.
Small and medium enterprises (SMEs), with their capability to propel broad-based economic growth of a nation, form an important pillar of success for any economy, Bank of Baroda Managing Director Kishor Kharat said on Sunday in Port-of-Spain.
While SMEs are slowly waking up to the fact that adoption of IT tools in their operations can make them more competitive, the penetration of IT in SMEs is much below its potential. In many cases it is seen that buyers are required to automate order entries and their status and companies that are unable to provide this information have a significant disadvantage.
Indian plastic exporters are seeking government support as the sector, which comprises largely small and medium enterprises (SMEs), has been facing numerous challenges including the Eurozone crisis, volatility of rupee, poor infrastructure and lengthy documentation process at lower levels, which are hurting particularly the small firms.
Union Minister of Commerce and Industry, Anand Sharma Friday said that there is immense scope for cooperation and strategic alliances between the small and medium enterprises (SME) sectors in India and South Africa.
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Friday urged the government to support the country's capital goods sector, especially the small and medium enterprises (SMEs) in the field, with funds worth Rs. 500 crore for technology upgradation and enhancement of R&D activities.
The Ministry of MSME, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), is likely to set up an IPR (Intellectual Property Rights) monitoring cell to help SMEs in the area, a FICCI official said on Monday.
South Korea is seeking major involvement in the small and medium enterprise (SME) sector in Gujarat and has plans to set up a world class innovation centre in the state, a state minister said on Friday.
The business of export-import can be risky and for a small and medium enterprise (SME) it can be a calamity, when one didn't know much about their far poising new partner sitting in another corner of the globe. Companies whether big or small often face critical business risks including the danger of corruption and fraud.
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With the collaboration between SMEs of India and Pakistan, both the countries can increase their bilateral position to a great extend, said the Minister (Trade), High Commission for Pakistan, Naeem Anwar in New Delhi recently.
The lingering sovereign crisis in eurozone is hampering the business growth of Indian SME exporters and making them apprehensive about their profitability.