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MSME Investment And Turnover Limits Revised To Boost Scale And Competitiveness

The limits of investment and turnover for the classification of

Purple United Kids Opens 100th Store In Amritsar, Expands National Footprint

Purple United Kids has achieved a significant milestone with the

CMAI TRENDHAUS 2026 Kicks Off In Mumbai, Bringing 11 Top Brands Together

The inaugural edition of CMAI TRENDHAUS 2026, organised by the

Foreign Missions From 18 Nations Visit PM Vishwakarma Haat 2026 At Dilli Haat

The Foreign Missions from 18 countries paid a special visit

Tag: MSMEs

MSME Investment And Turnover Limits
Government / Policy / Workforce Development National News Retail News Trade Info News

MSME Investment And Turnover Limits Revised To Boost Scale And Competitiveness

The limits of investment and turnover for the classification of Micro, Small and Medium Enterprises (MSMEs) was revised to enable them for achieving higher efficiencies of scale, encourage adoption of technological up-gradation, better access to capital and to enhance global competitiveness. The revised classification is supported by a well designed framework that ensures continued support […]

India–Oman CEPA Signed To Boost Bilateral Trade And Investment
Global News Manufacture Retail News Trade Info News

India–Oman CEPA Signed To Boost Bilateral Trade And Investment

CEPA (Comprehensive Economic Partnership Agreement) marks a significant milestone as India and Oman strengthen their economic partnership with the signing of the Comprehensive Economic Partnership Agreement today under the visionary leadership of Prime Minister Narendra Modi. The agreement was signed by Commerce and Industry Minister Piyush Goyal and Oman’s Minister of Commerce, Industry & Investment […]

Government Initiatives To Make Doing Business Easier For MSMEs
Manufacture National News Retail News Trade Info News

Government Initiatives To Make Doing Business Easier For MSMEs

MSMEs (Micro, Small and Medium Enterprises) in India have benefited from a number of steps taken by the Government to promote ease of doing business and create a conducive environment for their growth. Some of these steps are as under: Launch of Rs. 5 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS), for businesses, including […]

Centre Introduces Measures To Help MSMEs Access Finance, Ensure Timely Payments And Embrace New Technology
Events and Exhibitions News National News Retail News Trade Info News

Centre Introduces Measures To Help MSMEs Access Finance, Ensure Timely Payments And Embrace New Technology

The Government of India has taken a number of initiatives and measures to provide support to Micro, Small and Medium Enterprises (MSMEs) for improving access to finance, timely payments and faster technology adoption. Some of them are: i. Under the Credit Guarantee Scheme (CGS) for Micro and Small Enterprises (MSEs) of Ministry of MSME, additional […]

Viscose Staple Fibre QCO withdrawn to ease industry supply
Apparel Accessories Apparel and Textile News Manufacture Ministry of Textiles News National News Trade Info News

Viscose Staple Fibre Freed From QCO Norms As Centre Issues Immediate Withdrawal

In a significant move aimed at strengthening raw material availability and supporting long-term growth in the textile value chain, the Central Government has officially withdrawn the Quality Control Order (QCO) for Viscose Staple Fibre (VSF) with immediate effect. The decision follows extensive consultations with the Bureau of Indian Standards (BIS), leading textile associations, major manufacturers, […]

BillMart Fintech and CMAI Collaborate to Streamline Trade Finance for Garment Manufacturers
Apparel and Textile News Apparel Brands and Companies Manufacture National News Trade Info News

BillMart Fintech and CMAI Collaborate to Streamline Trade Finance for Garment Manufacturers

BillMart Fintech Pvt. Ltd. a leading digital lending platform in India specializing in bill discounting, trade finance, and supply chain solutions, has entered into a strategic Memorandum of Understanding (MoU) with the Clothing Manufacturers Association of India (CMAI). As part of this collaboration, BillMart will serve as the official Digital Funding Partner for CMAI’s members. BillMart […]

Garment Pioneers React To Budget 2024: Favorable Outlook Amid Cautious Optimism
Apparel and Textile News Ministry of Textiles News National News

Garment Pioneers React To Budget 2024: Favorable Outlook Amid Cautious Optimism

The 2024 budget has sparked a range of reactions from garment industry leaders. While many applaud the strategic moves, others call for more details and careful implementation. Here’s a look at their perspectives on the budget’s impact on the textile and retail sectors. Rahul Mehta, Chief Mentor, Clothing Manufacturers Association of India (CMAI) Rahul Mehta […]

TEA Requests For One TIime Exemption
Apparel and Textile News National News Trade Info News

TEA Requests For One Time Exemption from MODT Pay

In a press release issued today, Raja M. Shanmugham, President said after the Finance Ministry’s announcement of stimulus measures for the MSMEs, including 20% of entire outstanding credit as a collateral free loan, when the exporting members approached the Banks to avail the loans, the banks are insisting to submit the MEMORANDUM OF DEPOSIT OF […]

TEA REQUISITION TO EXTEND THE MORATORIUM
Apparel and Textile News Ministry of Textiles News Trade Info News

REQUISITION TO EXTEND THE MORATORIUM

REQUISITION TO EXTEND THE MORATORIUM Yesterday, A letter was written to Prime Minister Narendra Modi by President Raja M Shanmugham of Tiruppur Exportores Association. Raja M Shanmugham on behalf of Association had submitted their requisition to extend the Moratorium for Followings: TERM LOAN MORATORIUM To tide over the economic fallout from COVID-19, the Finance Minister […]

MSME establishes Export promotion cell for Sustainable Ecosystem
Apparel and Textile News Trade Info News

MSME establishes Export Promotion Cell for Sustainable Ecosystem

Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell with an aim to create a sustainable ecosystem for entire MSME development.  The benefits likely to accrue to the MSMEs are: Evaluate readiness of MSMEs to export their products and services Recognize areas where improvements are required in order to […]

Duke Fashions Bagged Excellency in Fashion Award 2018
Apparel and Textile News Apparel Brands and Companies

Duke Fashions Bagged Excellency in Fashion Award 2018

Duke Fashions (India) Limited, a lifestyle brand with a successful track record in manufacturing quality readymade garments with contemporary styling, has bagged the coveted “Excellency in Fashion Award’18” for its extraordinary contribution of MSMEs in the development of Punjab. Mr. Kuntal Raj Jain, Director Duke Fashions (India) Limited, received the prestigious award as the most […]

Govt. emphasizes Various Programmes and Schemes for MSMEs
Apparel and Textile News Ministry of Textiles News

Govt. emphasizes Various Programmes and Schemes for MSMEs

The Government emphasizes the promotion of ecosystem for development of MSMEs in the country. Various programmes and schemes have been put in place with particular focus to develop and facilitate access to finance, skill development, infrastructure support, access to the market, technology upgradation and ease of doing business. This was stated by Minister of State […]

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