The recent Reliance-Hithium episode has highlighted a structural vulnerability in India’s electric vehicle and clean energy ambitions. Bloomberg reported that Chinese battery startup Xiamen Hithium Energy Storage Technology Co. withdrew from technology-sharing talks with Reliance Industries due to Beijing’s tightened export controls, exposing India’s dependence on foreign technology for critical…
Tag: #MSME
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Piyush Goyal Advances India–EFTA Trade Pact in Vaduz
Union Minister of Commerce and Industry, Shri Piyush Goyal, embarked on an official visit to Liechtenstein on 7 January 2026. The visit included a courtesy call on H.S.H. Hereditary Prince Alois von und zu Liechtenstein at Vaduz Castle, meetings with the Prime Minister H.E. Ms Brigitte Haas, Deputy Prime Minister…
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Uttar Pradesh Tops Deregulation 1.0 Rankings in Business Reforms
Uttar Pradesh has emerged as the top-performing state in India’s Deregulation 1.0 exercise, securing the first rank nationwide for comprehensive business reforms aimed at simplifying regulations, improving transparency, and attracting investments. The rankings, released by the central government, assess states on the implementation of 23 key reform priorities spanning land,…
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DoP, SIDBI Partner for Udyam Assist Verification
New Delhi – The Department of Posts (DoP), under the Ministry of Communications, and the Small Industries Development Bank of India (SIDBI) have formalized a partnership through a Memorandum of Understanding (MoU) to conduct Contact Point Verification (CPV) of Informal Micro Enterprises (IMEs) registered on the Udyam Assist Platform (UAP)….
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Year-End Review 2025: MSME Ministry’s Landmark Achievements
The Ministry of Micro, Small and Medium Enterprises (MSME) marked an exceptional year in 2025 with record-setting achievements across registrations, credit accessibility, skill development, and market expansion. The Ministry’s efforts strengthened industrial growth, formalized informal enterprises, and promoted heritage-based industries, aligning with the vision of ‘Vocal for Local’ and ‘Atmanirbhar…
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India–New Zealand Conclude Landmark Free Trade Agreement
Union Minister of Commerce and Industry Shri Piyush Goyal emphasized that public sector banks in India are now competing on an equal footing with private and foreign banks, reflecting their strengthened role in the country’s economic growth. Addressing the MSME Banking Excellence Awards in New Delhi, Shri Goyal highlighted how…
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Govt Eases QCO Norms, Boosts Credit Support for MSMEs
The Government of India has rolled out Quality Control Orders (QCOs) in a phased manner with wide-ranging exemptions and relaxations for Micro, Small and Medium Enterprises (MSMEs), ensuring that domestic manufacturing and production remain unaffected. The measures are being implemented through the Bureau of Indian Standards (BIS) under the Department…
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India Launches ₹25,060-Cr Export Promotion Mission
Government Approves Unified Export Promotion Mission In a major push to strengthen India’s export competitiveness, the Union Government has approved the Export Promotion Mission (EPM) with a total outlay of ₹25,060 crore. The Mission, announced in the Union Budget 2025–26, consolidates multiple export-support schemes into a single, technology-driven and outcome-based…
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Govt Launches Export Mission to Boost MSMEs
Facing global logistics disruptions, the Government of India has rolled out an ambitious package to shore up export competitiveness with a focus on MSMEs, first-time exporters and labour-intensive sectors. Announced in a Rajya Sabha reply, the measures include a Credit Guarantee Scheme for Exporters, a flagship Export Promotion Mission (EPM)…
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Khadi Steals the Show at Navyug Khadi Fashion Show
The Navyug Khadi Fashion Show, staged at the National Crafts Museum & Hastkala Academy, Pragati Maidan, New Delhi, presented a contemporary vision of Khadi on November 29, 2025. Organised by the Khadi and Village Industries Commission (KVIC) in collaboration with NIFT and FDCI, the event underlined the Prime Minister’s mantra …