If you are unable to view this mailer, click here.
President Message
The government’s increasing reliance on Quality Control Orders (QCOs) is a legitimate industrial policy instrument, echoing the strategic protectionism historically employed by today's developed nations. The goal is clear: to ensure quality and incentivize domestic manufacturing. However, the current deployment suffers from a critical lack of strategic nuance. Many QCOs target intermediate goods and raw materials, causing significant supply chain disruptions and input cost inflation for MSMEs, while often failing to prevent the import of critical, high-value components. A successful approach demands understanding of the complete value chain, especially where the domestic small manufacturer & MSME interests lie. The strategy for a QCO implementation must promote manufacture of the high value advanced components in the country but allow raw material and other inputs for the same. This strategic flaw is compounded by severe operational deficiencies in process and institutional capacity. The decision-making lacked transparency, often excluding MSMEs from structured consultation, which results in policies that favor large domestic producers. Furthermore, the rapid multiplication of QCOs has critically strained the Bureau of Indian Standards (BIS), leading to substantial delays in testing, certification, and licensing—a bottleneck that directly hampers MSME competitiveness. FISME has forcefully raised QCO related issues at all relevant fora. With the help of thinks tanks we documented case studies and analyzed inherent administrative and regulatory gaps in implementation of QCOs. It is heartening that following a thorough probe by Gauba Committee, a series of reforms have been suggested. Many QCOs are withdrawn. But a coherent policy still needs to be evolved.
FISME supported the session “Building Climate-Ready MSMEs: Free Tools for Measuring and Managing Emissions”, co-hosted with the SME Climate Hub at CRB’s 12th Annual Sustainability Conference – India and Sustainability Standards (ISS) 2025 Summit, held on 12–14 November 2025 in New Delhi. The session explored the interfaces between trade, global value chains, and sustainability. It aimed to equip MSMEs with simple, free tools to measure and manage carbon emissions, identify emission hotspots, and implement practical, low-cost climate actions. Participants also received expert guidance on climate challenges and connected with a trusted global platform backed by the UN Race to Zero, providing credibility, resources, and international visibility.
FISME participated in the Second Asia Pacific E-commerce Policy Summit, organized by ICRIER in New Delhi on 4 November. At the session on Integrating MSMEs in Cross-Border Trade and Industrial Infrastructure, Anil Bhardwaj, Secretary General of FISME, highlighted challenges facing MSMEs, including logistics, compliance, and the need for new financial instruments and SOPs. He noted that rapid e-commerce growth and faster delivery timelines have intensified pressures on small businesses. “Entry is easy, but sustaining growth is extremely challenging,” he remarked. For MSMEs seeking to participate in cross-border e-commerce, he underscored that leveraging established platforms or aggregators is often a more pragmatic and sustainable option for micro-enterprises than operating independently.
In today’s entrepreneurial age, “disruption” has become a badge of honor. Every startup wants to be the next disruptor, changing the way we shop, eat, move, or connect. But over time, I’ve realized that true entrepreneurship isn’t always about breaking things apart. It’s about building— patiently, purposefully, and with people at the center. When I started Chique from a small basement in Delhi in 2015, the goal wasn’t to create yet another fashion label. It was to build something deeper: a model that redefines how fashion is produced, consumed, and valued in India. What began as a brand soon grew into an ecosystem that connects artisans, designers, and consumers through shared purpose and progress.
The recent recommendation to scrap or delay over 200 Quality Control Orders (QCOs) show how such regulatory moves have outlived their purpose. Ever since their scope was expanded from finished goods to raw materials and intermediates, they have only created more barriers, slowing production, growth, and innovation, observes our first editorial. In the name of quality assurance, QCOs have become a protectionist, bureaucratic wall....
India has imposed an anti-dumping duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for a period of five years, in a bid to shield domestic producers from low-priced imports. The Finance Ministry announced the measure on Thursday following a recommendation by the Directorate General of Trade Remedies (DGTR). The decision comes at a time when domestic steel prices hit a five-year low in October, pressured by rising import volumes and global market volatility.Industry representatives have welcomed the move, calling it essential to curb unfair trade practices.
India’s textile and apparel sector, including handicrafts, demonstrated notable resilience during the first half of FY 2025–26, despite global challenges and tariff-related pressures in key markets. Exports of textiles, apparel, and made-ups grew marginally by 0.1 percent during April–September 2025 compared to the same period in 2024. Several major markets recorded significant growth, including the UAE (14.5 percent), UK (1.5 percent), Japan (19.0 percent), Germany (2.9 percent), Spain (9.0 percent), and France (9.2 percent).
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the introduction of the Credit Guarantee Scheme for Exporters (CGSE) to provide enhanced credit access to exporters, including Micro, Small and Medium Enterprises (MSMEs). Under the scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) will extend 100 per cent credit guarantee coverage to Member Lending Institutions (MLIs) for additional credit facilities of up to Rs 20,000 crore to eligible exporters. The initiative will be implemented by the Department of Financial Services (DFS) through the NCGTC. A management committee, chaired by the Secretary, DFS, M. Nagaraju, will monitor the scheme’s progress and implementation.
The Reserve Bank of India (RBI) on Friday announced a series of trade relief measures aimed at easing pressures on exporters facing disruptions caused by global headwinds, particularly tariff-related challenges.
The measures, notified on November 14 under the Reserve Bank of India (Trade Relief Measures) Directions, 2025, are intended to mitigate repayment stress, support working capital flows, and provide greater flexibility in export operations.
The Electronics Development Fund (EDF) launched by Ministry of Electronics and Information Technology (MeitY), Government of India has invested Rs. 257.77 crore across eight Daughter Funds, which in turn have deployed Rs. 1,335.77 crore.
As of 30 September 2025, the EDF has invested in 128 startups and ventures and the Daughter Funds have exited 37 investments, yielding cumulative returns of Rs. 173.88 c rore for the EDF. These startups have collectively created more than 23,600 high-technology jobs and generated 368 intellectual properties through creation or acquisition
The government has withdrawn 14 Quality Control Orders (QCOs) issued by the Bureau of Indian Standards (BIS), covering several key chemicals, polymers, and fibre-based materials, following concerns raised by sections of industry. The withdrawal, announced by the Ministry of Chemicals and Fertilisers, will take effect upon the release of an official notification. According to officials, the products removed from mandatory BIS certification include terephthalic acid, ethylene glycol, polyester yarns and fibres, and major plastics such as polypropylene, polyethylene, PVC, ABS, and polycarbonate, reported TOI.
The Union Cabinet has approved the specification and revision of royalty rates for four key minerals—Caesium, Graphite, Rubidium, and Zirconium—to facilitate their auction and promote domestic production. Under the new structure, the royalty rate for Caesium has been set at 2 percent of the Average Sale Price (ASP) of Caesium metal, chargeable on the Caesium content in the ore produced. Rubidium will also attract a 2 percent royalty on its ASP, while Zirconium will carry a 1 percent royalty on its ASP, both chargeable on the metal contained in the ore.
The National Biodiversity Authority (NBA) has released Rs 29.40 lakh to the Odisha Forest Department under the Access and Benefit Sharing (ABS) mechanism to support the conservation and protection of Red Sanders (Pterocarpus santalinus), a rare and endemic species. The ABS funds were generated from benefit-sharing payments linked to the use of Red Sanders wood logs sourced from the Parlakhemundi Forest Division in Gajapati district.
Assam is set for a major expansion of its power infrastructure, with the state government awarding Letters of Award (LoA) to the Adani Group for energy projects totalling Rs 63,000 crore. The projects aim to strengthen the state’s energy capacity, support industrial growth and improve long-term power reliability in the Northeast. Under the awards, Adani Power Ltd will invest Rs 48,000 crore to develop a 3,200 MW thermal power plant, while Adani Green Energy Ltd (AGEL) will invest Rs 15,000 crore to set up two pumped storage plants (PSPs) with a combined capacity of 2,700 MW.
The Andhra Pradesh government has reduced electricity tariffs for shrimp farmers to boost aquaculture competitiveness and offset disadvantages against global rivals such as Ecuador. State Human Resources Development Minister Nara Lokesh said the decision was taken after consultations with industry stakeholders to improve cost efficiency in the sector. “Our closest competitor, Ecuador, had 16 per cent tariffs, creating nearly a 34 per cent difference. After discussions with ministers and the industry, one of the measures we introduced was reducing power tariffs for shrimp farmers from about Rs 4 to Rs 1.5 per unit, providing significant relief,” he said, as reported by TOI.
Tata Power, through its skilling arm Tata Power Skill Development Institute (TPSDI), has inaugurated two Solar Skill Centres of Excellence (SCoE) in Tirunelveli and Virudhunagar, Tamil Nadu, to develop a certified workforce for the state’s expanding renewable energy sector. Established in partnership with the Directorate of Employment & Training (DET), Government of Tamil Nadu, the centres will offer practical, industry-aligned training in solar installation and maintenance, energy efficiency, and electrical safety.
Commerce Secretary Rajesh Agrawal met Vladimir Ilyichev, Russia’s Deputy Economic Development Minister for the 26th Meeting of the India Russia Working Group on Trade & Economic Cooperation. Both sides reviewed the steady rise in bilateral trade and outlined priorities for deeper economic engagement. Bilateral trade has now grown to well over twice the 2014 benchmark of USD 25 billion, with both countries reaffirming their shared target of USD 100 billion by 2030. A protocol on trade and economic cooperation, covering multiple sectors, was finalised and signed during the meeting. India took note of Russia’s interest in concluding a bilateral investment treaty, and both sides agreed to explore payment solutions to facilitate smoother transactions, particularly for MSMEs. Agrawal emphasised the need to expand market access and proposed confidence-building measures aimed at removing barriers in key sectors.
India and Canada on Friday reaffirmed their commitment to strengthening economic engagement during the 7th Ministerial Dialogue on Trade and Investment (MDTI), co-chaired by Commerce and Industry Minister Piyush Goyal and Canadian Minister Maninder Sidhu. The meeting marked continued efforts by both sides to renew momentum in bilateral relations and advance a forward-looking trade and investment agenda. Bilateral trade remained resilient, reaching USD 23.66 billion in 2024, including merchandise trade of USD 8.98 billion, a 10 per cent increase over the previous year. The ministers welcomed the steady rise in two-way investments, supported by economic complementarities and the presence of Canada’s 2.9-million-strong Indian diaspora, including more than 427,000 students.
What's the biggest roadblock to higher productivity in your business?*
According to the FISME factor, 100% of MSMEs believe that limited access to finance is the biggest roadblock to higher productivity in their businesses.
Tier-2 talent and inclusion: Teleperformance’s strategy to expand and diversify
People-centric culture is essential for building high-performing teams. Non-metro cities offer a rich talent pool with higher retention rates. The organization has achieved a net headcount growth of 10% in last one year. Continuous learning and upskilling have boosted the internal fill rate to 61% to TP earlier 'Teleperformance'
10 Proven Tips for Efficient Financial Management Strategy for MSME Owners
In the fast-paced and competitive world of Micro, Small, and Medium Enterprises (MSMEs), efficient financial management is the cornerstone of sustainable success. For many MSME owners, managing day-to-day operations often overshadows strategic financial planning. However, without a clear financial roadmap, even the most promising businesses can find themselves grappling with cash flow crises, funding issues, or debt mismanagement.
New era of branding: Future trends setting a stage for branding boom
Branding is the art of creating a distinctive identity for a business through a unique logo, tagline, visual presence, products, and services. It helps businesses to create long-lasting relationships with their customers and recall their value with just one extraordinary feature. Earlier, branding was more focused on directly selling the products to the consumers, and now it has moved on to providing engaging information to create a human connection with consumers, which propels them to explore and buy the products.
Bulk Drug Manufacturers Seek Land Allocation For MSME Units In Kanigiri Park
Members of the Bulk Drug Manufacturers Association of India (BDMAI) submitted a representation to Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday, seeking land allocation for bulk drug units within the MSME Park inaugurated at Kanigiri in Prakasam district. BDMAI Joint Secretary Ramachandra Reddy Yeluri urged the State government to earmark suitable land for bulk drug MSMEs, citing difficulties faced by smaller pharmaceutical manufacturers in securing affordable land in existing bulk drug parks.
Pulkit Ahuja Crowned ‘Founder of the Year’ at MSME Make in India Awards 2025
Proxgy, a deep technology firm dedicated to developing indigenous solutions for frontline industries, announced that its Founder and CEO, Pulkit Ahuja, has received prestigious awards from the MSME Chamber of Commerce and Industry of India (MSMECCI). The honours, bestowed during the 6th Global Sustainability Summit & Expo on September 18-19 at Vigyan Bhawan, recognise Ahuja's entrepreneurial leadership and Proxgy's contributions to domestic manufacturing.
Ochre Spirits closes seed round led by Ah!Ventures to build India’s next-gen beverage house
Ochre Spirits, an artisanal spirits brands from Goa, has closed a seed round in an undisclosed amount, led by Ah! Ventures through their First Gear platform, with participation from Mukesh Singh (Founder, RoboCapital; Ex-President, IIFL Finance) and Probir Roy (MD-Alize Capital, Independent Director Nazara Technologies & Co-Founder, PayMate), who also serves as a strategic advisor to the brand. The brand is curating a new-age portfolio of spirits, mixers, and functional drinks that celebrate individuality, creativity, and conscious indulgence.
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released the Consumer Price Index (CPI) numbers on base 2012=100 for Rural, Urban and Combined for the month of October, 2025.
FISME regularly receives monthly reports on the economies of various countries from their missions in India. These reports provide information on key economic parameters, trade related information and all news relevant for importers and exporters. In this edition you can take a look at reports on:
Write your comments on the FISME Factor. Share your views and suggestions on MSME issues. Win prize! The best mail will get a special book every fortnight.
send mail to: newsletter@fisme.org.in
You are receiving this Newsletter because you are included in our mailing list of recipients who are involved or interested in FISME or Indian MSMEs. You are welcome to partly or fully reproduce and disseminate the contents of this publication provided that you acknowledge the source.
The government’s increasing reliance on Quality Control Orders (QCOs) is a legitimate industrial policy instrument, echoing the strategic protectionism historically employed by today's developed nations. The goal is clear: to ensure quality and incentivize domestic manufacturing. However, the current deployment suffers from a critical lack of strategic nuance. Many QCOs target intermediate goods and raw materials, causing significant supply chain disruptions and input cost inflation for MSMEs, while often failing to prevent the import of critical, high-value components. A successful approach demands understanding of the complete value chain, especially where the domestic small manufacturer & MSME interests lie. The strategy for a QCO implementation must promote manufacture of the high value advanced components in the country but allow raw material and other inputs for the same. This strategic flaw is compounded by severe operational deficiencies in process and institutional capacity. The decision-making lacked transparency, often excluding MSMEs from structured consultation, which results in policies that favor large domestic producers. Furthermore, the rapid multiplication of QCOs has critically strained the Bureau of Indian Standards (BIS), leading to substantial delays in testing, certification, and licensing—a bottleneck that directly hampers MSME competitiveness. FISME has forcefully raised QCO related issues at all relevant fora. With the help of thinks tanks we documented case studies and analyzed inherent administrative and regulatory gaps in implementation of QCOs. It is heartening that following a thorough probe by Gauba Committee, a series of reforms have been suggested. Many QCOs are withdrawn. But a coherent policy still needs to be evolved.
FISME supported the session “Building Climate-Ready MSMEs: Free Tools for Measuring and Managing Emissions”, co-hosted with the SME Climate Hub at CRB’s 12th Annual Sustainability Conference – India and Sustainability Standards (ISS) 2025 Summit, held on 12–14 November 2025 in New Delhi. The session explored the interfaces between trade, global value chains, and sustainability. It aimed to equip MSMEs with simple, free tools to measure and manage carbon emissions, identify emission hotspots, and implement practical, low-cost climate actions. Participants also received expert guidance on climate challenges and connected with a trusted global platform backed by the UN Race to Zero, providing credibility, resources, and international visibility.
FISME participated in the Second Asia Pacific E-commerce Policy Summit, organized by ICRIER in New Delhi on 4 November. At the session on Integrating MSMEs in Cross-Border Trade and Industrial Infrastructure, Anil Bhardwaj, Secretary General of FISME, highlighted challenges facing MSMEs, including logistics, compliance, and the need for new financial instruments and SOPs. He noted that rapid e-commerce growth and faster delivery timelines have intensified pressures on small businesses. “Entry is easy, but sustaining growth is extremely challenging,” he remarked. For MSMEs seeking to participate in cross-border e-commerce, he underscored that leveraging established platforms or aggregators is often a more pragmatic and sustainable option for micro-enterprises than operating independently.
In today’s entrepreneurial age, “disruption” has become a badge of honor. Every startup wants to be the next disruptor, changing the way we shop, eat, move, or connect. But over time, I’ve realized that true entrepreneurship isn’t always about breaking things apart. It’s about building— patiently, purposefully, and with people at the center. When I started Chique from a small basement in Delhi in 2015, the goal wasn’t to create yet another fashion label. It was to build something deeper: a model that redefines how fashion is produced, consumed, and valued in India. What began as a brand soon grew into an ecosystem that connects artisans, designers, and consumers through shared purpose and progress.
)
India has imposed an anti-dumping duty of USD 121.55 per tonne on imports of hot rolled flat steel products from Vietnam for a period of five years, in a bid to shield domestic producers from low-priced imports. The Finance Ministry announced the measure on Thursday following a recommendation by the Directorate General of Trade Remedies (DGTR). The decision comes at a time when domestic steel prices hit a five-year low in October, pressured by rising import volumes and global market volatility.Industry representatives have welcomed the move, calling it essential to curb unfair trade practices.
India’s textile and apparel sector, including handicrafts, demonstrated notable resilience during the first half of FY 2025–26, despite global challenges and tariff-related pressures in key markets. Exports of textiles, apparel, and made-ups grew marginally by 0.1 percent during April–September 2025 compared to the same period in 2024. Several major markets recorded significant growth, including the UAE (14.5 percent), UK (1.5 percent), Japan (19.0 percent), Germany (2.9 percent), Spain (9.0 percent), and France (9.2 percent).
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the introduction of the Credit Guarantee Scheme for Exporters (CGSE) to provide enhanced credit access to exporters, including Micro, Small and Medium Enterprises (MSMEs). Under the scheme, the National Credit Guarantee Trustee Company Limited (NCGTC) will extend 100 per cent credit guarantee coverage to Member Lending Institutions (MLIs) for additional credit facilities of up to Rs 20,000 crore to eligible exporters. The initiative will be implemented by the Department of Financial Services (DFS) through the NCGTC. A management committee, chaired by the Secretary, DFS, M. Nagaraju, will monitor the scheme’s progress and implementation.
The Reserve Bank of India (RBI) on Friday announced a series of trade relief measures aimed at easing pressures on exporters facing disruptions caused by global headwinds, particularly tariff-related challenges.
The measures, notified on November 14 under the Reserve Bank of India (Trade Relief Measures) Directions, 2025, are intended to mitigate repayment stress, support working capital flows, and provide greater flexibility in export operations.
The Electronics Development Fund (EDF) launched by Ministry of Electronics and Information Technology (MeitY), Government of India has invested Rs. 257.77 crore across eight Daughter Funds, which in turn have deployed Rs. 1,335.77 crore.
As of 30 September 2025, the EDF has invested in 128 startups and ventures and the Daughter Funds have exited 37 investments, yielding cumulative returns of Rs. 173.88 c rore for the EDF. These startups have collectively created more than 23,600 high-technology jobs and generated 368 intellectual properties through creation or acquisition
The government has withdrawn 14 Quality Control Orders (QCOs) issued by the Bureau of Indian Standards (BIS), covering several key chemicals, polymers, and fibre-based materials, following concerns raised by sections of industry. The withdrawal, announced by the Ministry of Chemicals and Fertilisers, will take effect upon the release of an official notification. According to officials, the products removed from mandatory BIS certification include terephthalic acid, ethylene glycol, polyester yarns and fibres, and major plastics such as polypropylene, polyethylene, PVC, ABS, and polycarbonate, reported TOI.
The Union Cabinet has approved the specification and revision of royalty rates for four key minerals—Caesium, Graphite, Rubidium, and Zirconium—to facilitate their auction and promote domestic production. Under the new structure, the royalty rate for Caesium has been set at 2 percent of the Average Sale Price (ASP) of Caesium metal, chargeable on the Caesium content in the ore produced. Rubidium will also attract a 2 percent royalty on its ASP, while Zirconium will carry a 1 percent royalty on its ASP, both chargeable on the metal contained in the ore.
The National Biodiversity Authority (NBA) has released Rs 29.40 lakh to the Odisha Forest Department under the Access and Benefit Sharing (ABS) mechanism to support the conservation and protection of Red Sanders (Pterocarpus santalinus), a rare and endemic species. The ABS funds were generated from benefit-sharing payments linked to the use of Red Sanders wood logs sourced from the Parlakhemundi Forest Division in Gajapati district.
Assam is set for a major expansion of its power infrastructure, with the state government awarding Letters of Award (LoA) to the Adani Group for energy projects totalling Rs 63,000 crore. The projects aim to strengthen the state’s energy capacity, support industrial growth and improve long-term power reliability in the Northeast. Under the awards, Adani Power Ltd will invest Rs 48,000 crore to develop a 3,200 MW thermal power plant, while Adani Green Energy Ltd (AGEL) will invest Rs 15,000 crore to set up two pumped storage plants (PSPs) with a combined capacity of 2,700 MW.
The Andhra Pradesh government has reduced electricity tariffs for shrimp farmers to boost aquaculture competitiveness and offset disadvantages against global rivals such as Ecuador. State Human Resources Development Minister Nara Lokesh said the decision was taken after consultations with industry stakeholders to improve cost efficiency in the sector. “Our closest competitor, Ecuador, had 16 per cent tariffs, creating nearly a 34 per cent difference. After discussions with ministers and the industry, one of the measures we introduced was reducing power tariffs for shrimp farmers from about Rs 4 to Rs 1.5 per unit, providing significant relief,” he said, as reported by TOI.
Tata Power, through its skilling arm Tata Power Skill Development Institute (TPSDI), has inaugurated two Solar Skill Centres of Excellence (SCoE) in Tirunelveli and Virudhunagar, Tamil Nadu, to develop a certified workforce for the state’s expanding renewable energy sector. Established in partnership with the Directorate of Employment & Training (DET), Government of Tamil Nadu, the centres will offer practical, industry-aligned training in solar installation and maintenance, energy efficiency, and electrical safety.
Commerce Secretary Rajesh Agrawal met Vladimir Ilyichev, Russia’s Deputy Economic Development Minister for the 26th Meeting of the India Russia Working Group on Trade & Economic Cooperation. Both sides reviewed the steady rise in bilateral trade and outlined priorities for deeper economic engagement. Bilateral trade has now grown to well over twice the 2014 benchmark of USD 25 billion, with both countries reaffirming their shared target of USD 100 billion by 2030. A protocol on trade and economic cooperation, covering multiple sectors, was finalised and signed during the meeting. India took note of Russia’s interest in concluding a bilateral investment treaty, and both sides agreed to explore payment solutions to facilitate smoother transactions, particularly for MSMEs. Agrawal emphasised the need to expand market access and proposed confidence-building measures aimed at removing barriers in key sectors.
India and Canada on Friday reaffirmed their commitment to strengthening economic engagement during the 7th Ministerial Dialogue on Trade and Investment (MDTI), co-chaired by Commerce and Industry Minister Piyush Goyal and Canadian Minister Maninder Sidhu. The meeting marked continued efforts by both sides to renew momentum in bilateral relations and advance a forward-looking trade and investment agenda. Bilateral trade remained resilient, reaching USD 23.66 billion in 2024, including merchandise trade of USD 8.98 billion, a 10 per cent increase over the previous year. The ministers welcomed the steady rise in two-way investments, supported by economic complementarities and the presence of Canada’s 2.9-million-strong Indian diaspora, including more than 427,000 students.
According to the FISME factor, 100% of MSMEs believe that limited access to finance is the biggest roadblock to higher productivity in their businesses. 
People-centric culture is essential for building high-performing teams. Non-metro cities offer a rich talent pool with higher retention rates. The organization has achieved a net headcount growth of 10% in last one year. Continuous learning and upskilling have boosted the internal fill rate to 61% to TP earlier 'Teleperformance'
/smstreet/media/media_files/L5W8ADShY2V7Pw69wuOn.jpg)
In the fast-paced and competitive world of Micro, Small, and Medium Enterprises (MSMEs), efficient financial management is the cornerstone of sustainable success. For many MSME owners, managing day-to-day operations often overshadows strategic financial planning. However, without a clear financial roadmap, even the most promising businesses can find themselves grappling with cash flow crises, funding issues, or debt mismanagement.
Branding is the art of creating a distinctive identity for a business through a unique logo, tagline, visual presence, products, and services. It helps businesses to create long-lasting relationships with their customers and recall their value with just one extraordinary feature. Earlier, branding was more focused on directly selling the products to the consumers, and now it has moved on to providing engaging information to create a human connection with consumers, which propels them to explore and buy the products.
Members of the Bulk Drug Manufacturers Association of India (BDMAI) submitted a representation to Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday, seeking land allocation for bulk drug units within the MSME Park inaugurated at Kanigiri in Prakasam district. BDMAI Joint Secretary Ramachandra Reddy Yeluri urged the State government to earmark suitable land for bulk drug MSMEs, citing difficulties faced by smaller pharmaceutical manufacturers in securing affordable land in existing bulk drug parks.
Proxgy, a deep technology firm dedicated to developing indigenous solutions for frontline industries, announced that its Founder and CEO, Pulkit Ahuja, has received prestigious awards from the MSME Chamber of Commerce and Industry of India (MSMECCI). The honours, bestowed during the 6th Global Sustainability Summit & Expo on September 18-19 at Vigyan Bhawan, recognise Ahuja's entrepreneurial leadership and Proxgy's contributions to domestic manufacturing.
Ochre Spirits, an artisanal spirits brands from Goa, has closed a seed round in an undisclosed amount, led by Ah! Ventures through their First Gear platform, with participation from Mukesh Singh (Founder, RoboCapital; Ex-President, IIFL Finance) and Probir Roy (MD-Alize Capital, Independent Director Nazara Technologies & Co-Founder, PayMate), who also serves as a strategic advisor to the brand. The brand is curating a new-age portfolio of spirits, mixers, and functional drinks that celebrate individuality, creativity, and conscious indulgence.
