Launched in March 2007 with the aim of accelerating the entry of innovative Indian technologies in global markets and bridging the existing gap between &ldquo;the mind and the market&rdquo;, the India Innovation Growth Programme (IIGP) has caught the fancy of innovators, including researchers, inventors, scientists, start-ups and small and medium enterprises, working across diverse sectors throughout India.

Innovation scheme catches fancy of start-ups, inventors

Business Standard

Several large companies, such as Tata Motors, Mahindra &amp; Mahindra, Bharat Heavy Electricals Ltd and Delphi-TVS, are looking for more vendors in Uttarakhand, a hub of small and medium enterprises.

Big firms seek more vendors in Uttarakhand

Under S.No.(3) of Service Tax Notification No.12/2012-Service Tax dated 17.03.2012, &ldquo;services by an entity registered under Section 12AA of the Income Tax Act, 1961, by way of Charitable Activities&rdquo;, is exempt from Service Tax.

'Duty credit scrips can be used to regularise defaults in export obligation'

<B>CITI - IMA SURVEY:</B> shows that manufacturing has led the Indian mid-market companies' growth.


Services take a back seat

Bangalore, the knowledge capital of India, is all set to play host to the manufacturing sector&rsquo;s mega expo, India Manufacturing Show 2010 (IMS 2010), billed as the single largest collaborative platform for Indian and international manufacturing units.

Bangalore to host India Manufacturing Show

Alps Pharmaceuticals Limited, a small unit in Almora, was hit hard by the fury of torrential rains that battered Uttarakhand last month.

Small units, hotels hit by heavy rains in U'khand

We had imported certain components duty-free and fabricated the capital goods within our export oriented unit (EOU). We had debited only the duty payable on the components. We now want to clear the capital goods in the domestic tariff area (DTA).

'Capital goods value must account for captive consumption of inputs'

Effective Central government schemes, simpler tax laws, technological up-gradation and flexible labour laws are some of the key requirements of small and medium enterprises (SMEs) for growth and survival, a survey by the PHD Chamber of Commerce and Industry has found.

'SMEs need healthy policies for growth'

P Lakshmaiah, a 57-year-old master weaver from Uppada, a coastal village in East Godavari district of Andhra Pradesh, toiled for about 10 years weaving the rich tapestry of the Jamdani fabric. Yet, his earnings did not exceed Rs 10,000 a month &mdash; and a major portion of this went towards paying mounting debts.

GI tag a boost for Uppada sarees

Gujarat has only four or five companies offering data centre facilities as of now, but the information technology industry in the state sees the small and medium enterprise (SME) segment as a major driver in attracting more players in the near future.

SMEs to drive data centre demand in Gujarat

Small and medium enterprises operating in and around Tiruchirapalli (or Tiruchy for short) have decided to jointly set up a 3Mw power plant with the use of second-hand equipment sourced from Korea and China, according to industry representatives.

Smaller units in Tiruchy to set up captive power plant

Mohali-based entrepreneur Manpreet Singh Walia had never imagined he would have an edge over suppliers from China and South Africa in providing sports mechandise for the XIX Commonwealth Games being held in New Delhi.

Mohali firm supplies vuvuzelas for CWG2010

The centre, which was set up in August last year to protect copyrights, trademarks, patents and geographical indications (GI), has received a good response on IPR enquiry from the industry and individuals, N Srilakshmi, coordinator - IPFC, ni-msme, said.

NI-MSME expects 25 IPR filings by March

A programme to be run jointly with the state pollution control board will enable the units to become more competitive.

SMEs in Bangalore to be rated on emission levels

The Indian semiconductor market is on a high, having clocked a growth rate of 15.6 per cent last year &ndash; in comparison, the global market has shrunk by 11 per cent since 2008 &ndash; aided by the growth in demand for wireless handsets, low-priced notebooks and smart cards.

Mobile telephony boosts semiconductor market

We had cleared goods for export to Nepal under bond against foreign currency LC under provisions of Notification no. 45/2001 CE (NT) dated 26-6-2001. Due to certain reasons goods could not be exported within six months from the dispatch date.

Subsidiary may fulfil 50% of export obligation under EPCG scheme

The finance ministry has said that it plans to add loan products to the financial inclusion programme, which is aimed at taking banking services to the rural population. Bankers and industry sources said the proposed move would give a fillip to micro and small enterprises (MSEs) in rural India.

Financial inclusion to boost rural units

The success stories of SME clusters in India have caught the fancy of small businesses and consultants in the countries of Africa, Middle East and South East Asia, who have evinced interest in learning about the cluster approach. These countries want to emulate the methods that Indian SMEs have adopted to conserve resources and cut input costs.

Africa, South East Asia want to replicate cluster approach

Plastics manufacturers in Andhra Pradesh are planning to set up their own dedicated plastics park at a location close to their user-industries.

Andhra plastics producers to have own park

The Confederation of Indian Industry (CII) and the ministry of micro, small and medium enterprises (MSME) are jointly organising the India SME Summit here on Tuesday.

Minister to release report at MSME summit

The over two-century-old legacy of the softwood-lacquerware toy industry in Etikoppaka, a dusty village in Visakhapatnam district, may soon end due to the multiple crises it is facing &mdash; government apathy, stringent export norms laid down by the European Union and rising input costs, especially of Ankudu (whose trade name is ivory wood).

Etikoppaka toy industry on verge of closure

SME: Find all the latest news on Small and Medium-Sized Enterprises in India. Explore more for the top headlines about SME sector on Business Standard.

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