New Delhi, Feb 1 (KNN) In a significant move to boost India's micro, small and medium enterprises (MSME) sector, Finance Minister Nirmala Sitharaman announced major revisions to the MSME classification criteria in her Budget 2025-26 speech. The new framework substantially increases both investment and turnover limits across all three categories. Under the revised classification, micro ...

New Delhi, Feb 5 (KNN) The Government of India is set to roll out the much-anticipated Labour Codes in a phased manner starting in 2025. This structured implementation aims to ensure a smooth transition for businesses while maintaining compliance with new regulations. The Labour Codes consolidate 29 ...

New Delhi, Feb 5 (KNN) In a significant move towards bolstering global mineral cooperation, India and Saudi Arabia have agreed to deepen collaboration in the critical minerals sector. On Tuesday, India’s Minister of Mines, G Kishan Reddy, held high-level discussions with Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef, to explore investment ...

New Delhi, Feb 5 (KNN) India’s textile exports are unlikely to be impacted by any potential increase in tariffs by the United States, as the country has been competing in the sector on the strength of its own products, Textiles Secretary Neelam Shami Rao told DH. “India has been competing on its own merits and the quality of its products. We …

New Delhi, Feb 3 (KNN) Manufacturing activity in India demonstrated robust growth at the start of 2024, with the Purchasing Managers' Index (PMI) reaching 57.7 in January, marking its highest level in six months, according to data released by S&P Global. This notable improvement follows a period of moderate growth in December when the index had declined to a …

Knowledge and News Network (KNN) The initiative: Knowledge and News Network (KNN) To address MSMEs' long standing problems arising of gaps in information and knowledge flows, GIZ- German Agency for International Cooperation and FISME- India's largest MSME body, have joined hands to create a nation-wide IT based 'Knowledge and News Network' (KNN). KNN is a new age online media platform (www ...

New Delhi, Jan 6 (KNN) The European Union (EU) has decided to support Indian Micro, Small, and Medium Enterprises (MSMEs) in addressing the challenges posed by its upcoming carbon tax, the Carbon Border Adjustment Mechanism (CBAM), by funding decarbonisation technologies, according to two industry insiders. This move is seen as a step toward easing friction in India-EU trade relations as ...

New Delhi, Jan 1 (KNN) India closed out 2024 with a significant milestone in its renewable energy journey, reaching 214 GW of installed green energy capacity, according to the Ministry of New and Renewable Energy. This achievement positions the nation firmly on course to meet its ambitious target of 500 GW energy capacity from non-fossil fuels by 2030.

KNN India offering the India exclusive Micro, Small and Medium Enterprises (MSME) news, views, events and blogs.

New Delhi, Nov 14 (KNN) India will soon introduce an incentive program with an estimated value of 80 billion rupees (USD 960 million) to foster its electric vehicle (EV) ecosystem, reported ET. People aware of the matter told ET that the program will invite bids from interested parties, signaling a strategic push towards enhancing the domestic production of electric vehicle batteries.