The third annual Swavlamban event, organized by the Naval Innovation and Indigenisation Organisation, kicked off with an exhibition for innovators, startups, and MSMEs on Monday, at Bharat Mandapam here.
Thes enterprises make up more than 60 million of them, contributing to over 30 per cent of the nation’s GDP and employ more than 110 million people.
While trying to understand how MSMEs can grow fast and create jobs – India’s foremost economic challenge we came across a remarkable example. Mr Jain, owner of an apparel firm from Mumbai turned a modest Rs 15 crore operation into a Rs 250-crore powerhouse in less than eight years.
In a significant step to give a boost to the startups, India and Australia collectively have invited applications from start-ups and MSMEs of both the countries.
This MoU will help MSMEs and emerging companies in the defence sector to scale-up their business operations, explore new markets and fund their R&D activities, it said.
Giving an impetus to the government's vision of 'Aatmanirbhar Bharat', (DRDO) has awarded seven new projects to industries under the Technology Development Fund scheme for various requirements of the armed forces and aerospace & defence sectors.
Accusing Prime Minister Narendra Modi of systematic “bludgeoning” of micro, small and medium enterprises (MSMEs) and informal businesses, Congress leader Jairam Ramesh on Wednesday alleged the policies of his government proved an economic "catastrophe" for the country.
Khanna was addressing a two-day 'Uttar Pradesh MSME Conclave' organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) here on Wednesday.
The webinar was organised by the Ministry of Mines, and attended by more than 200 participants.
A total of 56 startups/MSME participated out of which 5 have been selected for funding a total of Rs 6 crore based on milestones.
