SMEVenture

9 years ago, we started with one goal — to empower India’s MSME community with insights that matter. Today, SMEVenture stands as a trusted voice for entrepreneurs and small businesses navigating growth, regulation, and innovation. None of this would’ve been possible without our readers, contributors, and partners who shaped our journey. As Ngage Media celebrates 9 years, we’re looking ahead to a stronger, more connected ecosystem — helping MSMEs adapt, digitize, and thrive in a changing economy. The best chapters are yet to come. #SMEVenture #NgageMedia #9YearsStrong #MSMEIndia #Entrepreneurship

A major boost for skill development! PM Narendra Modi has launched the ₹60,000 crore PM-SETU scheme to modernise 1,000 ITIs and introduced 1,200 vocational labs in Navodaya and tribal schools. The initiative aims to create a future-ready workforce through industry-driven courses, innovation hubs, and hands-on training aligned with NEP 2020. Vocational education is no longer optional — it’s essential. 🔗 https://lnkd.in/dMg5zBfN #SkillIndia #ITI #PMSETU #VocationalTraining #NEP2020 #YouthEmpowerment

EVs may soon be as affordable as petrol vehicles in India — possibly within the next 4–6 months, said Union Minister Nitin Gadkari at the FICCI Higher Education Summit. India’s ₹22 lakh crore auto industry is gearing up for a green transformation, with farmers, ethanol, hydrogen highways, and electric mobility all part of the roadmap. Is India finally at the EV tipping point? 🔗 https://lnkd.in/d_WXFQYV #EVRevolution #CleanMobility #NitinGadkari #GreenTransport #HydrogenHighways

India’s services sector remained resilient in September, with the HSBC India Services PMI standing strong at 60.9. Despite a mild moderation from August, businesses reported robust demand, steady new orders, and the highest optimism since March. Meanwhile, the manufacturing PMI dipped slightly to 57.7, yet both sectors continue to indicate healthy economic momentum. India’s growth engine continues to fire on all cylinders. 🔗 https://lnkd.in/d-AhfJBJ #PMI #ServicesSector #IndianEconomy #Manufacturing #HSBCIndia

Tamil Nadu has emerged as India’s second-largest small business credit market, with a portfolio of ₹4.21 lakh crore as of June 2025 — just behind Maharashtra. The SIDBI–CRIF High Mark report highlights strong credit growth in the state’s micro and small enterprise sector, with YoY growth of 15.7%. Interestingly, the state's strength lies in sole proprietor-led enterprises, underscoring a diverse and decentralised lending base. Will Tamil Nadu become the top MSME credit hub in the next 3 years? 🔗 https://lnkd.in/dQn_M8D2 #SmallBusiness #MSMECredit #TamilNadu #SIDBI #CreditGrowth

Public procurement from India’s micro and small enterprises (MSEs) has surged to nearly ₹1.38 trillion in just the first half of FY26 — reflecting the impact of the revised MSME definitions and a proactive policy push. With MSEs contributing to almost 45% of total government procurement on platforms like GeM and MSME Sambandh, the landscape of public-private collaboration is evolving rapidly. However, experts warn that government alone cannot be the only major consumer for India’s 65 million small businesses — large corporates must also step up. Is India on track to build a truly self-reliant MSME supply chain? 🔗 https://lnkd.in/dJyE5iWh #MSMEs #PublicProcurement #GeM #SMEPolicy #MakeInIndia

FICCI and GlobalLogic have partnered to launch an AI-powered Business Resilience Platform to help MSMEs future-proof their operations. The platform offers 49 ESG indicators, peer benchmarking, and structured risk tools to support sustainability and green finance access. With MSMEs contributing over 30% to India’s GDP, tools like these are critical in building a climate-resilient, tech-forward economy. 🔗 https://lnkd.in/d9_ydYV5 #MSMEs #AIforGood #Sustainability #GreenFinance #DigitalTransformation

Lenders are getting cautious. As early stress signals emerge in MSME credit — particularly in small-ticket loans — banks and NBFCs are tightening their underwriting norms and leaning on data-driven risk models. From e-rickshaw loan adjustments to new AI-based credit scoring tools, the MSME lending landscape is entering a phase of recalibration. 🔗 https://lnkd.in/dbnwrUXW #MSMECredit #NBFC #Fintech #SMELoans

India’s Electronics Component Manufacturing Scheme (ECMS) has sparked massive interest — with 249 companies proposing over ₹1.15 trillion in investments. The scheme, aimed at building a robust domestic component ecosystem, has seen strong participation from MSMEs and global players alike. With a production target of ₹4.56 trillion, ECMS could be a game changer for India's electronics value chain and supply chain localisation goals. 🔗 https://lnkd.in/d7ykV5Yj #ElectronicsManufacturing #ECMS #MakeInIndia #DigitalIndia

India is gearing up to become a global petrochemicals giant, with a staggering $37 billion capital expenditure planned to boost self-reliance and reduce import dependency. According to S&P Global, this move mirrors China’s earlier trajectory — and could reshape Asia’s petrochemical landscape. Despite risks of overcapacity, India’s strong domestic demand is expected to cushion local players while challenging regional exporters. Will this bold bet pay off? 🔗 https://lnkd.in/dybstV2i #Petrochemicals #SelfReliantIndia #Manufacturing #IndiaGrowth