Tag: manufacturing

Autoline Industries soars on stake sale plan in US unit

The board will meet on March 11 to explore various avenues of raising funds to meet the funding requirements of the company. Autoline Industries has soared 9% to Rs 70.30 after the company said its board will meet on March 11 to consider fund-raising options, including selling stake in U.S. unit. The board of directors of… Read More ›

PE flows to small and medium units fall 3%

The information technology and IT/ITeS sector continued to attract investors, and industry experts attribute this to the IT/ITeS sector’s ability to innovate, which other sectors lack Private equity (PE) investors’ interest in the country’s micro, small and medium enterprises (MSME) sector gained momentum in 2013 in terms of the number of deals reported, which increased by… Read More ›

Agro-processing micro, small and medium enterprises lead in northern states

CRISIL has analysed the growth of 3,850 micro, small, and medium enterprises (MSMEs) across India, rated by it between 2010-11 and 2012-13 (refers to the financial year April 1 to March 31). The analysis reveals that the sales of these CRISIL-rated MSMEs grew at a compound annual growth rate (CAGR) of 22.53 per cent during… Read More ›

CRISIL SME tracker: Healthy growth by MSMEs in major industrial sectors

CRISIL has analysed the growth performance of 3,850 micro, small and medium enterprises (MSMEs) rated by it across India from 2010-11 to 2012-13 (financial year April 1 to March 31). The analysis reveals the average sales for each enterprise of these. CRISIL-rated MSMEs grew to Rs 2,505.30 lakh in 2012-13 from Rs 1,668.80 lakh in 2010-11,… Read More ›

Are Indian MSMEs losing their edge in world markets?

Their share in the country’s exports dips from 46.2% in 2009-10 to 43% in 2012-13. With their share of India’s exports having declined from 46.2 per cent in 2009-10 to 43 per cent in 2012-13, India’s micro, small and medium enterprises (MSMEs) appear to be losing their edge in world markets. “While the dip in exports is… Read More ›

‘SMEs must understand importance of branding’

Ad guru Pralhad Kakkar says SMEs must promote its products through social media which is very effective “SMEs must understand the importance of branding. Now, branding is not only restricted to advertising for television, print media or radio. SMEs must promote its products through social media which is very effective”, said veteran advertisement guru Pralhad Kakkar in Pune. He was speaking… Read More ›

Nearly 15% SME foundries shut shop due to demand slump

About 80 per cent of India’s $12 bn foundry industry comprises SMEs, 15% are medium-sized players and only five per cent are large units Several small and medium-sized foundries across the country have been forced to stop production, owing to a demand slump. Industry insiders say that most of these units cater to automotive manufacturers and… Read More ›

Auto part makers unsure about revival in demand

Will benefit only if excise cuts on cars and SUVs are retained by incoming govt The excise duty cuts announced in the interim Budgettriggered a sigh of relief in the Indian automotive industry, which has been in the grip of a demand slump over the past two years that hurt not only OEMs (original equipment manufacturers) but component suppliers as… Read More ›

Seminar on Taiwan nonwoven technology & fabrics in Mumbai

Taiwan Nonwoven Fabrics Industry Association (TNFIA) in association with Technicaltextile.net is jointly organizing a seminar on “Taiwanese Nonwoven Technologies” at Mumbai on March 21, 2014. The objective behind the seminar is to showcase Taiwanese nonwoven technologies to Indian entrepreneurs as well as those who already present in the sector. The seminar will present the latest… Read More ›

CMOs Eye CEO Office, But Need CIOs to Get There

CMOs are among the most important executives at a company — and they know it and want to take the next step to the CEO’s office. The good news for CIOs is that they can’t do it without you. A couple of years ago, many CMOs aspired to move up the ladder by becoming the… Read More ›