But the rising cost of labour and raw materials, shortages of power and non-availability of capital and technology are becoming speed breakers to further growth.

Auto parts industry to invest Rs 1.57 lakh cr by 2020

Business Standard

Technology must play a pivotal role in MSMEs if they are to bridge the gap between themselves and large organisations, according to a CII study, Technology Imperatives for MSMEs. Technology will help increase productivity as well as competitiveness, it says.

MSMEs must harness technology to greater degree: CII 

Look for support on technology upgrade, brand promotion and marketing to perform better in the domestic and export markets.

Small pharma companies seek government help 

We have an engineering unit. The supplier is asking for money in advance for import of capital goods.

'You can remit advance payments for imports without any ceiling'

Nearly 22 per cent or 7,485 of a total of 33,565 registered units in the MSME sector are permanently closed and 2,313 are untraceable in Uttarakhand due to various reasons, the fourth census report has said.

22% of registered MSMEs closed in Uttarakhand

Moving over from conventional methods, the brick manufacturers of Saurashtra and Kutch are preparing to tune into new technology. With the support of The Energy Resources Institute (TERI) and the Central government, brick producers of the region are planning technological upgradation at their units.

Saurashtra brick units to upgrade technology

We refer to DGFT Public Notice no. 4 dated 23rd August 2010, prescribing Annexure III to ANF-8 as the format for a disclaimer certificate. The format asks manufacturer-suppliers to declare that they have not taken the Cenvat facility. To me it appears wrong because the manufacturer-supplier will indeed take Cenvat on his inputs. What is available as deemed export benefit is TED refund, and drawback of customs duty portion (or of the excise duty in case Cenvat is not available).

'Export house status only on the basis of payment realised'

The Rs 600 crore sports goods industry of Jalandhar believes the people&rsquo;s inclination towards games will increase with the CWG success, which will boost the local industry.

Sports goods units to gain from CWG success

As investments continue to flow into Sanand, the Gujarat government has begun working closely with the Centre to develop a medical devices cluster spread over 100 acres. Sanand shot to fame after the Tata Nano project drove in.

Sanand to get medical devices cluster

Looking to grow leaner, meaner and smarter with the changing times, industrial units located at Mohali (Chandigarh&rsquo;s satellite town) are working on a cluster-based approach to enhance operational efficiency.

Mohali units adopt a cluster-based approach

Clarence Pareira, a member of the Kanara Entrepreneurs Limited (KE) since its inception, says he has benefited greatly from his association with KE. Exposure to the many domain experts and specialists who are members of the group has helped Pareira introduce the best practices and learn how to run his business more efficiently.

Kanara network group seeks to rekindle entrepreneurial spirit

One of the biggest challenges faced by small entrepreneurs wanting to kick-start their businesses is finding the requisite financial support. This is where incubation funds play a key role. One such fund has been created by two-year-old Delhi-based Jasper Infotech.

Incubation fund helps kickstart small units

The Karnataka government, which attracted investment proposals totaling a record Rs4 lakh crore during the recently-concluded global investors meet, is now facing a daunting task &mdash; accommodating large-scale industries and a large number of ancillaries that will form their vendor base.

Karnataka plans 'walk to work' industrial townships

In a move to support innovation among small and medium enterprises (SMEs) in Gujarat, the state government has launched a fund with a corpus of around Rs60 crore.

Gujarat launches innovation fund

Two years ago, we had assembled capital goods in our factory from bought-out components on which duty was paid and we had taken Cenvat Credit on this. Now we want to sell them in the domestic market.

'Manufactured capital goods can be exported without paying duty'

Microsoft in 2009 had announced the BizSpark Programme aimed at facilitating the creation of a tech-friendly ecosystem in India.

Microsoft helps create tech-friendly ecosystem

Engineering units in Mohali, Panchkula and Chandigarh (MPC) are looking to gain from a Business Development Service (BDS) project being implemented in the MPC cluster by The Energy Resource Institute (TERI).

Mohali engineering units to gain from BDS project

A handful of small entrepreneurs engaged in poultry farming have created a niche for their innovative product &mdash; branded eggs.

Small poultry farmers switch to branded eggs

The Confederation of Women Entrepreneurs (Cowe), a Hyderabad-based non-profit organisation, in partnership with University of East London (UEL), is planning to set up a virtual Business Innovation Centre (BIC). The business-to-business portal aims to create a trusted circle of cooperation to support women&rsquo;s ventures to trade in the global market place.

Virtual business innovation centre to help women entrepreneurs

Efforts are afoot to link technical education with industrial advancement, for better technical training in Uttarakhand.

Industry body to play a role in technical education

As against the existing six clusters in Gujarat recognised by the Ministry of Micro, Small and Medium Enterprises (MSME), the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has suggested the development of 16 new clusters which could accommodate 32,000 small and medium enterprises and provide 6.5 lakh jobs directly and indirectly.

Gujarat has scope for 16 new SME clusters: ASSOCHAM

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