Mysore/Mysuru: Dr. Ishita Ganguli Tripathy, Additional Development Commissioner, Ministry of MSME, Government of India, said that those running MSMEs (Micro, Small, Medium Enterprises) should effectively utilise Government loans and facilities. She was speaking after inaugurating the Outreach Programme on ‘Financial Literacy and Emerging Opportunities for MSMEs,’ jointly organised by SIDBI (Small Industries Development Bank of…
Mysore/Mysuru: Micro, Small and Medium Enterprises (MSMEs) are poised to play a pivotal role in India’s journey towards achieving a 5 trillion-dollar economy. However, the challenges they face in terms of accessing timely finance and resources have impeded their growth potential. To address this issue, the Confederation of Indian Industry (CII) Mysuru is organising a…
Bengaluru: Various trade bodies and industries in the State have issued a threat to go on strike and halt all production activities unless their concerns regarding power tariffs are addressed. While some industries are demanding a complete rollback of the tariff hike, others have put forth several demands to the Government. These demands include a…
Mysore/Mysuru: The Mysuru District Industries Centre (DIC) recently organised interaction between bankers and Micro, Small and Medium Enterprises (MSME), in association with Hebbal Industrial Estate Manufacturers Association (HIEMA) at its convention centre. The bankers, who participated are State Bank of India, Canara Bank, SIDBI, KSFC and Bank of India. In his welcome address, N.H. Jayanth,…
Mysore/Mysuru: Micro, Small & Medium Enterprises (MSMEs) and Industries are picking up after COVID-19 greatly hindered the sector. MSME sector is suffering immensely due to lack of orders. Leading to minimum utilisation of installed capacities, there by increased overhead expenses turning them towards NPA (Non-Performing Asset). To over come, to some extent, an Online B2B…
Submit memorandum to Additional DC Mysore/Mysuru: Entrepreneurs of Micro, Small and Medium Enterprises (MSMEs) in Mysuru staged a demonstration on Monday in protest against rising prices of raw materials. The office-bearers of several industrial organisations met Additional Deputy Commissioner Dr. B.S. Manjunathaswamy to convey their concerns and submitted a memorandum. The demonstration was part of…
Unrelenting COVID contagion, spiralling raw material prices, back-to-back strikes main factors Mysore/Mysuru: Over 30 percent of Micro, Small and Medium Enterprises (MSMEs), which are reeling under the impact of economic slowdown and COVID-19, are on the verge of closure by the end of this year, claim industry bodies at a meeting of industries associations of…
Mysore/Mysuru: The MSMEs (Medium, small and Micro Enterprises) have appealed the State Government to waive off power bills for two months during the COVID-19 induced lockdown period. A delegation of MSMEs, which met Deputy Commissioner Rohini Sindhuri at her office here on Thursday, submitted a memorandum seeking waiver of power bills for two months. Maintaining…
Udyam registration is mandatory Mysore/Mysuru: As the Ministry of Micro, Small & Medium Enterprises (MSMEs), Government of India, has changed the classification of MSME with effect from July 1, 2020, all MSMEs are now required to apply online to get the new UDYOG Registration Number. The MSME classification till June 30, 2020 was based on…
Mysore/Mysuru: As the Ministry of Micro, Small & Medium Enterprises (MSMEs), Government of India, has changed the classification of MSME with effect from July 1, 2020, all MSMEs are now required to apply online to get the new UDYOG Registration Number. The MSME classification till June 30, 2020 was based on investment on plant and…
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