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MSME Bodies Urge RBI to Double Threshold for SMA-2 Stressed Loans

MSME Bodies Urge RBI to Double Threshold for SMA-2 Stressed Loans

Industry Updateadmin- July 10, 2024 0

An account is classified under SMA when it shows early signs of financial difficulties or irregularities in loan repayment. Workers at the Biswakarma Terracotta and ... Read More

Budget 2024: Sitharaman’s PLI extension, MSME funding can boost textiles

Budget 2024: Sitharaman’s PLI extension, MSME funding can boost textiles

Industry Updateadmin- July 10, 2024 0

The domestic market is also expected to expand significantly, from $ 110 billion in 2022 to $ 1.8 trillion, driven by the rise in e-commerce ... Read More

Decarbonising Key MSME Clusters Could Save Rs 370 million Crore Annually: Study

Decarbonising Key MSME Clusters Could Save Rs 370 million Crore Annually: Study

Sustainabilityadmin- July 10, 2024 0

The findings highlighted the dual benefits of cost savings and reduced CO2 emissions. A recent study conducted by the Centre for Study of Science, Technology ... Read More

Arvind Reports Double-Digit Growth in Advanced Materials Business

Arvind Reports Double-Digit Growth in Advanced Materials Business

Technical Textilesadmin- July 10, 2024 0

For FY25, Arvind plans to invest approximately Rs 4-5 billion, with a portion allocated to expanding capacity in the advanced materials division, garments, and modernising ... Read More

Lenzing unveils new Black Towel Collection featuring long-lasting softness

Lenzing unveils new Black Towel Collection featuring long-lasting softness

Fibres & Raw Materialsadmin- July 9, 2024 0

The collection utilises a spin-dyeing technique that not only reduces environmental impact during dyeing process, but also ensures lasting colour intensity. Lenzing Group, a producer ... Read More

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