India has many machine tool manufacturing units. The machine tool industry in India is highly fragmented, yet its market is expanding. The Indian machine tools industry is projected to grow at 5.5 per cent per year through 2019. Growing demand in China and other developing countries is the reason behind
Tag: Indian Industrial News
KASSIA against changing MSME Definition
[vc_row][vc_column][vc_column_text] The Karnataka Small Scale Industries Association (KASSIA) has told the centre that it is against changing the definition of the Micro Small and Medium Enterprises (MSMEs) . Regarding the government’s move to change the definition of the MSMEs, KASSIA President Basavaraj Javali acknowledged the need for scientific definition of MSMEs ,
MSMEs Issues To Be Resolved by GST Council-formed Committee
[vc_row][vc_column][vc_column_text]The Goods and Services Tax (GST) Council held its 29 th meeting in New Delhi last Saturday (4 August). Piyush Goyal, assuming charge as finance minister in place of the indisposed Arun Jaitley, chaired the meeting. He stated that the GST Council would form a committee to look into the