A Joint Initiative by IFCI & FISME
A Joint Initiative by IFCI & FISME
News & Media Updates
New Delhi, Mar 22 (KNN) A parliamentary committee has recommended extending and enhancing the production-linked incentive (PLI) scheme and expanding its coverage to include labour-intensive sectors, such as chemicals, leather, apparel, and handicrafts.
Read MoreNew Delhi, Mar 22 (KNN) The Ministry of Micro, Small and Medium Enterprises has issued a notification announcing significant changes to the financial thresholds that define MSME classification in India.
Read MoreNew Delhi, Mar 22 (KNN) In a significant move to strengthen the MSME textile and garment industry, the Small Industries Development Bank of India (SIDBI) has signed two key memorandums of understanding (MoUs) with the Clothing Manufacturers' Association of India (CMAI) and the Sachin Industrial Co-operative Society (SICS).
Read MoreNew Delhi, Mar 21 (KNN) India has introduced a stringent licensing framework for companies seeking access to the world's most affordable Graphics Processing Units (GPUs), priced at just Rs 67 per hour.
Read MoreNew Delhi, Mar 21 (KNN) In a major boost to technology-driven collaboration, Microsoft co-founder and philanthropist Bill Gates met with Union Minister Jitendra Singh during his visit to India.
Read MoreNew Delhi, Mar 21 (KNN) Tata Group companies, including Tata AutoComp and Tata Consultancy Services (TCS), have emerged as key suppliers to Tesla, contributing approximately USD 2 billion worth of components in FY24.
Read MoreNew Delhi, Mar 21 (KNN) India's space sector is undergoing a transformative shift, aiming to expand its global market share from USD 8 billion to USD 44 billion by 2033.
Read MoreNew Delhi, Mar 21 (KNN) The Supreme Court has refused to grant blanket permission for setting up or expanding Micro, Small, and Medium Enterprises (MSMEs) in the Taj Trapezium Zone (TTZ) without an assessment of their environmental impact.
Read MoreNew Delhi, Mar 21 (KNN) The Cabinet Committee on Security (CCS), under the chairmanship of Prime Minister Modi, has approved the acquisition of the indigenously manufactured Advanced Towed Artillery Gun System (ATAGS) valued at approximately Rs 7,000 crore.
Read MoreNew Delhi, Mar 21 (KNN) The Ministry of Electronics and Information Technology (MeitY) is implementing a systematic overhaul of semiconductor design capabilities across more than 300 organisations in India, including 250 academic institutions and 65 startup companies.
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A centre of excellence planned in Delhi for SMEs
The Federation of Indian Micro, Small and Medium Enterprises (FISME) and financial institution IFCI plan to set up a “Centre of Excellence for Aspiring SMEs”. A delegation from the FISME recently met Union Finance Minister Nirmala Sitharaman in this regard.
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MSME delegation urges FM Nirmala Sitharaman to prioritize medium enterprises for economic growth
FISME proposed the setting up of the “Center of Excellence for Aspiring SMEs,” which will help foster growth and development by access to the latest technologies, and strategic partnership between Indian SMEs and foreign companies, with a special focus on Joint Ventures with Japan, South Korea and Taiwan.
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