-Livemint.com The Centre has started an outreach programme for such SMEs operating in 10 locations Considering that only one-fifth of the small and medium manufacturers of bulk and API (active pharmaceutical ingredient) drugs have been certified under the World Health Organization’s good manufacturing practices, the Centre has launched an outreach programme to establish India as a best-in-class pharma hub, said an official in the know. “As of now, India has around 6,790 SMEs...
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Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan
-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...
More »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 »'Step towards life of dignity': Sonagachi sex workers on SC verdict
-PTI/ The Telegraph Hailing the apex court's decision, CID officer Shanti Das says every adult woman should have the right to choose her profession Winding by-lanes and the narrow streets of Calcutta's Sonagachi, one of the largest red-light districts in Asia, came alive amid music and merry-making on Friday as sex workers rejoiced over the recent Supreme Court verdict that recognised prostitution as a profession. Coloured powder was SMEared on faces and sweets...
More »Raising capital the biggest challenge for women-led MSMEs in India: Indifi
-Business Standard The survey discovered that securing capital remains the biggest challenge The number of women-led MSMEs in India has jumped from 2.15 lakh to 1.23 crore in just a decade. However, they face a finance gap of $158 billion and largely rely on informal sources, said a survey by Indifi Technologies, a lending platform for MSMEs, titled ‘Understanding what women-led MSMEs want’. The survey was launched to understand needs and challenges of...
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