Month: September 2024

The Micro, Small, and Medium Enterprises (MSME) sector plays a vital role in driving India’s economic growth, job creation, and supply chain integration. Over the past seven years, the Goods and Services Tax (GST) has […]

Thoothukudi-based Tamilnad Mercantile Bank (TMB) is aiming to boost its Micro, Small, and Medium Enterprises (MSME) portfolio, engaging global consultancy firm McKinsey for strategic development. The bank’s efforts include setting up MSME hubs and expanding […]

Loans to Micro, Small, and Medium Enterprises (MSMEs) have shown a year-on-year increase in the current fiscal, reflecting renewed focus and supportive measures aimed at boosting the sector. According to the latest data from the […]

The MSME Export Promotion Council (MSME EPC) has recommended a five-point strategy to aid nearly 25% of the 5.36 lakh micro, small, and medium enterprises (MSMEs) in Odisha that are facing financial struggles. The study, […]

The contribution of Micro, Small, and Medium Enterprises (MSMEs) to India’s Gross Domestic Product (GDP) is projected to increase from the current 30% to 40% by 2027, according to a recent report by U Grow. […]