The textile ministry is seeking an additional Rs 1,900 crore under the Technology Upgradation Fund Scheme (TUFS). This follows the release of Rs 1,100 crore in the first quarter of 2009 by the ministry. TUFS, introduced in April 1999, aims to resolve technological obsolescence and improve economies of scale.
Small Business News 
Impact of Inflation on SMEs
2010-09-09 01:10:57
SMEs are small businesses, in their early stage of growth. They exercise little or less control over markets. They, during initial years, have to struggle with cash flow management leading to squeezed reserves and labor shortages which implies high wage costs. A rise in inflation...
Small and Mid Sized Auto Component Manufacturers Shining
2010-09-04 02:29:28
The auto component Manufacturers’ Association of India (ACMA) revealed that the domestic auto component industry has pegged 20% growth in the year 2009-10. Its turnover remained US$ 22 billion. The reason for such growth has been the expansion activities undertaken by SMEs ...
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