BHAVYA: India’s push to build 100 plug-and-play industrial parks

October 14, 2026 2:36 PM

BHAVYA: India’s push to build 100 plug-and-play industrial parks

India is stepping up efforts to strengthen its manufacturing ecosystem through the Bharat Audyogik Vikas Yojna (BHAVYA), a ₹33,660-crore initiative aimed at developing 100 plug-and-play industrial parks across the country. The scheme seeks to make it easier for industries to establish operations by providing ready infrastructure, common facilities and streamlined approval processes. The initiative marks a further shift in India’s industrial development strategy—from providing industrial l...

National SC-ST Hub: From Enterprise Support to Public Procurement Opportunities

October 8, 2026 4:21 PM

National SC-ST Hub: From Enterprise Support to Public Procurement Opportunities

The National SC-ST Hub (NSSH) is emerging as an important initiative to strengthen entrepreneurship among Scheduled Caste and Scheduled Tribe communities by helping enterprises build capabilities, access finance and technology, and connect with wider markets. The scheme focuses on addressing key barriers faced by SC/ST-owned micro and small enterprises across different stages of business growth. Its interventions cover training, mentoring, financial assistance, technology support and market lin...

India-EU FTA concluded on equal terms after 17 years, technology transfer key for growth: Jitin Prasada

September 26, 2026 3:01 PM

India-EU FTA concluded on equal terms after 17 years, technology transfer key for growth: Jitin Prasada

Union Minister of State for Commerce and Industry Jitin Prasada on Saturday said India was able to conclude its long-pending free trade agreement (FTA) with the European Union on equal terms after nearly 17 years of negotiations, while stressing that technology transfers, local manufacturing and artificial intelligence (AI) would play a critical role in the country’s next phase of industrial growth. Speaking at the Uttar Pradesh International Trade Show (UPITS), Prasada said the India-EU FTA ...

India pavilion at Middle East Energy showcases a wide range of products across power and energy value chain

September 1, 2026 10:35 PM

India pavilion at Middle East Energy showcases a wide range of products across power and energy value chain

Middle East Energy 2026 is being held at the Dubai World Trade Centre in the UAE from 1st to 3rd September. It is one of the largest international trade exhibitions and conferences for the power and energy industry in the West Asia Region. The event this year is projected to feature over 1900 Exhibitors from over 150 countries, with an estimated 35,000 plus attendees. The India Pavilion at Middle East Energy 2026 features 45 exhibitions by companies from across the country and was inaugurated b...

SIDBI holds RRB conclave to expand co-lending for MSMEs in rural and semi-urban areas

August 26, 2026 3:16 PM

SIDBI holds RRB conclave to expand co-lending for MSMEs in rural and semi-urban areas

The Small Industries Development Bank of India (SIDBI) organised a conclave of the heads of Regional Rural Banks (RRBs) in New Delhi on Tuesday to discuss expanding the SIDBI-RRB MSME Co-Lending arrangement and strengthening credit access for micro, small and medium enterprises in rural and semi-urban areas. The conclave was chaired by Sanjay Lohiya, Secretary, Department of Financial Services (DFS), and was attended by Manoj Mittal, CMD, SIDBI, senior officials from DFS, SIDBI and NABARD, and ...

India concludes 16th BRICS Trade Ministers’ Meeting in Jaipur with focus on WTO reforms, MSMEs and resilient supply chains

August 7, 2026 11:17 PM

India concludes 16th BRICS Trade Ministers’ Meeting in Jaipur with focus on WTO reforms, MSMEs and resilient supply chains

India on Friday successfully concluded the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026, with member countries endorsing a series of initiatives aimed at strengthening the multilateral trading system, improving access to trade finance for micro, small and medium enterprises (MSMEs), and building resilient global value chains. Chaired by Union Commerce and Industry Minister Piyush Goyal, the meeting brought together trade ministers and senior officials from all BR...

Govt bringing policy interventions, new schemes to strengthen MSMEs: Joint Secretary, Mercy Epao

July 8, 2026 5:13 PM

Govt bringing policy interventions, new schemes to strengthen MSMEs: Joint Secretary, Mercy Epao

The government is bringing policy interventions and new schemes to further strengthen micro, small and medium enterprises (MSMEs), which play a very important role in the country's growth, Mercy Epao, Joint Secretary, Ministry of Micro, Small and Medium Enterprises (MSME), told ANI. "We are bringing in policy intervention. At the same time, we are also bringing in schemes and initiatives which will further strengthen the MSMEs as they play a very important role in the growth of the country," Ep...

ECLGS 5.0 surpasses 4.11 lakh guarantees with Rs 1.55 lakh crore amount: Govt

July 7, 2026 2:19 PM

ECLGS 5.0 surpasses 4.11 lakh guarantees with Rs 1.55 lakh crore amount: Govt

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued 4,11,497 guarantees since its launch, with the guaranteed amount reaching Rs 1,55,229 crore - a sign of the scheme's rapid absorption across the lending ecosystem, the government said on Tuesday. The scheme, approved by Union Cabinet on May 5, 2026, is delivering fast, large-scale liquidity support to businesses affected by the West Asia geopolitical situation. The scheme is designed to provide risk mitigation for lending instit...

From enterprise to empowerment: How MSMEs are driving India’s growth story

June 29, 2026 4:44 PM

From enterprise to empowerment: How MSMEs are driving India’s growth story

From traditional artisans in remote villages to cutting-edge manufacturing units supplying global markets, India's Micro, Small and Medium Enterprises (MSMEs) have emerged as one of the strongest pillars of the country's economic transformation. Backed by policy reforms, digitalisation, improved access to finance and technology, and targeted government support, the sector is expanding rapidly while generating employment, encouraging entrepreneurship and strengthening India's manufacturing ecosys...

PM Modi Calls for Focus on Youth, MSMEs and AI at NITI Aayog Governing Council Meeting

June 11, 2026 9:29 PM

PM Modi Calls for Focus on Youth, MSMEs and AI at NITI Aayog Governing Council Meeting

Prime Minister Narendra Modi on Thursday called upon states to transform India's demographic dividend into a development dividend through focused investments in education, skilling and capacity-building, while chairing the 11th Governing Council Meeting of NITI Aayog in New Delhi. The meeting, held at the Rashtrapati Bhavan Cultural Centre, was attended by Chief Ministers, Lieutenant Governors and Administrators from 28 states and five Union Territories. According to the government, it was the ...