Small and medium enterprises
All the eyes are on the current budget as after a few years of slow economic growth and poor GDP, the industries and the general public is looking at the maiden budget of the Modi led government with a lot of expectations. The finance companies and analysts are speculating that the infrastructure sector is expecting a [...] Continue Reading »
The entire country, the industry heads, the infrastructure and real estate industries has a lot of expectations from the maiden budget of the NDA government which is expected to set the roadmap for growth and economy in the nation. Hemant Kanoria, Chairman and Managing Director of Srei Infrastructure Finance Ltd urged the Prime Minister Narendra Modi-led [...] Continue Reading »
The latest data from the Reserve Bank of India shows that the growth in loans to industries continued to be lukewarm in April, rising a mere 12.3% to Rs 25, 14,000 crore compared to a growth of 15.6% in the same period last year. Compared to the large industries, the banks are more keen to render [...] Continue Reading »
For the last nearly 30 years, small and medium enterprises (SMEs) in Chandigarh have been stuck at almost the same scale; but now diversification and expansion is apparently on the cards for these businesses. The Union Ministry of Home Affairs-appointed Parliamentary Committee on the Union Territory of Chandigarh has given its approval to the conversion [...] Continue Reading »
After the Maharashtra Industrial Development Corporation (MIDC) recently sanctioned the implementation of 1.5 floor space index (FSI) for its industrial estates, around 500 small and medium enterprises in Satpur and Ambad are planning to use the hiked FSI for the expansion of their existing facilities. According to the new industrial policy, the state government raised [...] Continue Reading »
