Tag: MSMEs
Tiruppur garment units request financial support
The garment manufacturers in Tiruppur and the Micro, Small and Medium-scale Enterprises (MSMEs) in Coimbatore have appealed to the government for financial support as the ... Read More
Credit availed by Indian textile firms decline 20%
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on ... Read More
Tamil Nadu CM MK Stalin offers relief to MSMEs
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. ... Read More
Will the sun shine on India’s technical textile sector?
India’s technical textile industry, still in its nascent stage, is witnessing growing domestic as well as global demand. Can increasing disposable incomes, growing investment, and ... Read More
Automation: A stitch in time
In most sectors of textile manufacturing, automation is one major key to quality improvement and cost competitiveness. Early modernisation and technical developments in textiles concentrated ... Read More
MSMEs face existential crisis
Crisil report says that the pain will radiate as India Inc heads towards approximately 15 per cent decline in revenue and approximately 25 per cent ... Read More
Govt amends interest subvention scheme for MSMEs to give fillip to the sector
The Minister for Micro, Small and Medium Enterprises and Road Transport & Highways, Nitin Gadkari has approved the changes in the Interest Subvention Scheme for ... Read More