[vc_row][vc_column][vc_column_text]Industrialists in Peenya have finally moved closer to their aim of setting up a Common Effluent Treatment Plant (CETP) in the area. The Karnataka government has responded to the request of the Peenya Industries Association (PIA) and announced the allotment of INR 10 crores in the Budget presented in the
Month: July 2018
Karnataka Budget Evokes Mixed Reactions
[vc_row][vc_column][vc_column_text] The Karnataka Budget that Chief Minister H D Kumaraswamy presented on 5 July 2018, has evoked mixed reactions. The industrial sector and trade and commerce organisations expressed happiness that the chief minister’s budget proposed to set up a help desk for Goods and Services Tax (GST). They were also happy about
NSIC to Organise Technology Conference with South Korea on 10 July
[vc_row][vc_column][vc_column_text] The National Small Industries Corporation (NSIC), along with Small Business Corporation (SBC), South Korea, is organising “Technology Exchange Conference with South Korea” in New Delhi on 10 July. The India Habitat Centre (Jacaranda Hall) is the venue for the conference. After the conference, the Indian and South Korean MSMEs will hold
MSMEs Felicitated with Swachchata Awards
[vc_row][vc_column][vc_column_text]The Ministry of Micro, Small and Medium Enterprises (MoMSME) organised the “Swachchata Pakwada” from 16 th to 30 th June 2018 as part of the union government’s Swachch Bharat initiative. Upon completion of this cleanliness campaign, Union Minister of State (Independent Charge) Giriraj Singh presented the Swachhata Awards to the
Peenya Area Upgrade among FKCCI Pre-Budget Demands to CM
[vc_row][vc_column][vc_column_text]Ahead of the Karnataka Budget presentation on 5 July 2018, many stakeholders from all sectors are keenly awaiting what Chief Minister H D Kumaraswamy, who holds the Finance portfolio, would put forth in his budget speech in the Assembly today. Many organisations have placed their respective demands before the chief
Solution to SME Bad Loans Issue in Sight
[vc_row][vc_column][vc_column_text]The government is likely to get a plan for resolving bad assets in small and medium industries (SMEs) ready by October this year. Once the Reserve Bank of India (RBI) approves the Sunil Mehta committee report, the government would hasten the resolution of bad loans in the banking sector. Gross
MSMEs to Get Export Promotion Council
[vc_row][vc_column][vc_column_text]With a view to help MSMEs boost their exports, the Ministry of Micro, Small and Medium Enterprises (MoMSME) plans to form an export promotion cell to work with other departments and export promotion councils. According to a top official, this will help to ship products such as khadi, leather and
interaction meeting held at Rotary Bangalore Udyog on 3rd July 2018
[vc_row][vc_column][vc_column_text] Office bearers of PIA, Sri.Malyadri Reddy-President ,Sri.Murali Krishna.B-Hon.Secretary and office bearers attended the interaction meeting held at Rotary Bangalore Udyog on 3rd July 2018 [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image="3810" img_size="large" alignment="center" onclick="link_image"][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_single_image image="3808" img_size="large" alignment="center" onclick="link_image"][/vc_column][vc_column width="1/2"][vc_single_image image="3809" img_size="large" alignment="center" onclick="link_image"][/vc_column][/vc_row]
Industry Running Smoothly Despite Cost Concerns
[vc_row][vc_column][vc_column_text] According to a monthly survey, June 2018 witnessed the highest-ever increase in manufacturing activity, due to a hike in domestic and export orders. This trend happened in spite of the highest increase in the input costs in nearly four years. Compared to 51.2 in May 2018, the Nikkei India Manufacturing Purchasing
Felicitated newly elected President Sri.Sudhakar Shetty of FKCCI at FKCCI office on 2nd July 2018.
[vc_row][vc_column][vc_column_text] Office bearers of PIA, Sri.Malyadri Reddy-President ,Sri.Murali Krishna.B-Hon.Secretary,Sri.Ashwath Narayan Rao.S –Treasurer , felicitated newly elected President Sri.Sudhakar Shetty of FKCCI at FKCCI office on 2nd July 2018. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/2"][vc_single_image image="3800" img_size="large" alignment="center" onclick="link_image"][/vc_column][vc_column width="1/2"][vc_single_image image="3797" img_size="large" alignment="center" onclick="link_image"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Sri Sudhakar S Shetty assumed office for the year 2018-19 on 29 June. He