Nearly 5 million non-PC companies, or 22 per cent of small enterprises in India, have plans in the next 12 months to invest in computers for the first time. This will also boost investments in other IT categories such as software, services, security, etc, according to a recent study by New York-based Access Markets International (AMI) Partners.

&#39;5 million SMEs to buy a PC over next 12 months&#39;

Business Standard

As many as 12 small and medium enterprise associations have demanded a separate ministry for SMEs in Madhya Pradesh.

MP units demand separate ministry

We are exporters of silk goods and export goods through courier under drawback shipping bill. We are getting drawback on the (Free on Board) FOB value of our exports and not on the courier expenses for exports. We have not claimed any Cenvat credit against our exports.

Courier service for export of goods is not an 'input service'

Chandigarh-based entrepreneurs engaged in software development for US-based business conglomerates have been able to insulate themselves from the financial meltdown.

Chandigarh IT survives meltdown

Small and medium Indian businesses are the third most optimistic in Asia after Bangladesh and Vietnam. According to the biannual HSBC Asia-Pacific Small Business Confidence Monitor, 98 per cent of SMEs expect to maintain their headcount or even increase them.

Indian SMEs still bullish: HSBC survey

Irregular supply of kerosene, the fuel used for bangle soldering, takes toll.

Firozabad bangles lose spark

With the micro, small and medium enterprises (MSMEs) facing the heat of the global meltdown, various industry associations in Uttarakhand have sought more sops for smooth flow of credit to the sector.

U&#39;khand units demand smoother credit flow

Close on the heels of announcing 100 specialised business banking branches to focus exclusively on the micro, small and medium enterprises (MSMEs), Union Bank of India has taken up a study of clusters across the country. Seven clusters have been identified for the study.

Union Bank to study seven clusters

The Indian Industries Association (IIA) and the Quality Council of India (QCI) have joined hands to improve the competitiveness of the small scale industries in Uttar Pradesh.

Quality to be the key for UP units

Mohali-based Masterline Telebiz, a small outfit that produces mobile recharge cards for most of the mobile telecom operators in India, will shortly foray into mobile telephone SIM ( Subscriber Identification Modules) cards, primarily for international players.

Chandigarh-based firm to manufacture SIM cards

Pure silk handloom sarees likely to be available for Rs 2,000.
The traditional looms that have been hitherto churning out just the cotton handloom garments will soon rollout silk sarees, with plans

Kerala handlooms take to silk

Concoction of medicines is a lucrative business in Madhya Pradesh.

Hind Pharma looks to broaden product portfolio

The slump in demand for steel and aluminium in the country in the aftermath of the economic downturn has taken its toll on the small and medium enterprises in Orissa.

Slump in steel demand leaves Orissa units reeling

Small and medium entrepreneurs in Uttar Pradesh (UP) have found their own ways to counter the ongoing recession.

UP export units eye domestic market

Runs on synthesis gas, could bag order from the US.

Agra firm devises new genset

The Securities and Exchange Board of India (Sebi) is in the process of finalising the guidelines and procedures for setting up of smaller exchanges.

Separate bourses for SMEs by March 2009

We are manufacturing several models of excavators and import components to manufacture them. The specifications of parts are different for each model.

Marketability not enough to make goods excisable

The SME sector has been the hit the worst by the global economic downturn.

&#39;There is a liquidity crunch and banks are unwilling to lend to MSMEs&#39;

Monday, 8 December
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Bangalore: Indian Institute of Management, Bangalore (IIM-B), WIPO Academy, Geneva, and the Ministry of Human Resources Development, Government of India, to organise a

India Inc to discuss precautions against terror strikes

The economic downturn has hit jobs in the small and medium enterprises too. SMEs in Kanpur may be forced to lay off a substantial portion of their workforce..

Kanpur units resort to job cuts, retrenchment

Investment sought in areas like medical tourism, wax and heritage museums.

Non-residents to help Kerala tourism

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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'5 million SMEs to buy a PC over next 12 months'