-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterPRIses (MSMEs) lost over 3% market share due to...
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More than a quarter of MSMEs lost market share due to pandemic
-The Hindu Business Line Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity PRIces More than a quarter of India’s micro, small and medium enterPRIses (MSMEs) lost a market share of over 3 per cent due to the Covid-19 pandemic, according to CRISIL Research’s SME Report 2022. Please click here to read more. ...
More »Govt to come out with second PLI scheme for textiles: Goyal -Dilasha Seth
-Livemint.com Move aims to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday COIMBATORE: The Union government is set to come out with a second production linked scheme (PLI) for the textiles sector, to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday. On possibility of extension...
More »Crisis in salt sector hits 5 lakh people in Gujarat -AM Jigeesh
-The Hindu While farmers suffer due to a lack of minimum support PRIce, workers are also in distress for want of a proper system for wages and social security MORBI/JAMNAGAR: Bharat C. Raval, president of the Indian Salt Manufacturers’ Association (ISMA), started his career as a salt inspector with the Gujarat government. After spending 19 months in the government, he was attracted towards the salt cooperatives initiated by none other than Dr....
More »Urea PRIces go down by up to 45 per cent in global market due to fall in demand -Harvir Singh
-RuralVoice.in Urea PRIces, which had gone up to as high as nearly $1,000 per tonne, have come down to $550 per tonne. Besides, the PRIce of ammonia, the raw material for urea, has also decreased from $1,100 per tonne to $850 per tonne. India had to buy urea at up to $980 per tonne due to the high PRIces. It seems the government may get some relief on the subsidy front that...
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