The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the government for liberal export incentives to bridge the trade gap, so that exports remain much more lucrative than the domestic market.
While presenting this year’s budget, Finance Minister P Chidambaram emphasized on bringing the economy back on the growth track. Most importantly, he emphasized on the sustainable and holistic growth of the economy.
The paints manufacturing industry in Anand, Gujarat, needs financial help from the state government to grow. There is a dire need for better infrastructure in the industry, according to the manufacturers.
Lack of state government support is hampering the smooth flow of work in the pulses processing units in Nagpur, Maharashtra.
The black pottery industry in Nizamabad, Uttar Pradesh, has helped considerably in the growth of the state. It is one of the fastest growing industries in Uttar Pradesh, contributing significantly to the state's revenue, according to local manufacturers.
Non-availability of raw material is leading to high prices and lower quality of products in the battery acid industry in Siliguri, West Bengal. This is also hampering the smooth work flow in the industry, according to industrialists.
The floor covering-producing units in Allahabad, Uttar Pradesh, need technological upgradation to be at par with the rapidly changing needs of the consumers, according to manufacturers.
The increased use of Compact Fluorescent Light (CFL) lamps and LED lamps has affected the incandescent lamp manufacturing industry in West Bengal’s Beliaghata town. There is a dire need to undertake steps to improve the growth of the industry, according to manufacturers.
The dependence of Indian businesses on IT is rising constantly, as are the security threats to sensitive data. In an exclusive interaction with SupportBiz, Altaf Halde, Managing Director, Kaspersky Lab - South Asia, shared an overview about the security threats to Indian SMEs and upcoming trends in 2013.