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Green Financing Workshop in Panipat Guides MSMEs on EU RegulationsThe workshop focused on improving awareness and access to green financing solutions while preparing MSMEs for evolving global sustainability standards. The event was organised by the Foundation for MSME Clusters (FMC) along with consortium partners Copenhagen Business School and Small Industries Development Bank of India (SIDBI). Participants included representatives from the Bureau of Energy...0 Comments 0 Shares 613 Views 0 Reviews
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High Testing Costs Under QCOs Risk Squeezing MSMEs, Says GTRIThe government should consider capping testing charges for routine industrial products, as the high cost of compliance with Quality Control Orders (QCOs) risks undermining India’s manufacturing ecosystem and smaller importers, the Global Trade Research Initiative (GTRI) said on Tuesday. While the QCO framework is intended to enhance product quality and ensure consumer safety, its rapid...0 Comments 0 Shares 536 Views 0 Reviews
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India Signs UNIDO Pact to Support Manufacturing MSMEs Under BRICS FrameworkIndia has joined the BRICS Centre for Industrial Competencies, a UNIDO-backed initiative focused on strengthening manufacturing and MSMEs through technology adoption and productivity enhancement. A trust fund agreement between DPIIT and UNIDO has formalised India’s role, with the National Productivity Council named as the nodal agency. The move is expected to support India’s MSME...0 Comments 0 Shares 924 Views 0 Reviews
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SGCCI seeks Govt. support to shield textile MSMEs from US TariffsThe Southern Gujarat Chamber of Commerce and Industry (SGCCI) and the textile task force advisor SP Verma attended the meeting of the Parliamentary Industry Committee held at the Parliamentary Annexe Building of the Parliament House, New Delhi and presented in detail various key issues in the interest of the textile sector. SGCCI Vice-President, Ashok Jirawala and S.P. Verma presented before...0 Comments 0 Shares 709 Views 0 Reviews
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Tamil Nadu Inaugurates Two New Mini Textile Parks in Karur to Boost MSMEsTamil Nadu has inaugurated two new mini textile parks in Karur district as part of its strategy to strengthen the State’s textile manufacturing ecosystem and support micro, small and medium enterprises (MSMEs). The parks, located at Kodangipatti within the Karur Municipal Corporation limits and Uppidamangalam, were inaugurated by M. Vijay Balaji, Minister for Handlooms, Textiles and...0 Comments 0 Shares 276 Views 0 Reviews
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Textile MSMEs Expected to Face Slower Revenue Growth and Margin Pressure in FY27: CRISIL IntelligenceThe readymade garment (RMG) industry, dominated by MSMEs, is expected to record revenue growth of 4–6 per cent in FY27, reaching ₹5.7 trillion. This compares with growth of 6–8 per cent in FY26. CRISIL Intelligence noted that higher realisations and recovery in RMG exports are likely to support growth during the financial year. However, profit margins are projected to decline by...0 Comments 0 Shares 457 Views 0 Reviews
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Walmart Vriddhi to Empower 100,000 More MSMEs in India by 2028New Delhi & Bentonville, June 19, 2025 – Walmart Vriddhi, the supplier development initiative by Walmart, has partnered with Ideas to Impact Foundation (i2i) to empower an additional 100,000 MSMEs across India by 2028. Since 2019, the program has already trained over 70,000 micro, small, and medium enterprises, helping them access digital tools, business mentorship, and new...0 Comments 0 Shares 618 Views 0 Reviews
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