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MSME Export Promotion Council: Rural MSMEs in urgent need of funding, says MSME Export Promotion Council

LUCKNOW: The MSME Export Promotion Council (MSMEEPC) has suggested banks to be more aggressive in reviving Micro, Small, and Medium Enterprises (MSMEs) that have been struggling for survival after Covid. As compared to the MSMEs located in metro and urban cities, the units in the rural areas, especially art and craft and agro-based units, are …

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export: Engineering goods exports slump in July, shipments to China continued decline

Weak demand primarily from China and Europe slowed down India’s engineering goods exports drastically in the month of July 2022. India’s engineering goods exports recorded a meagre 0.20% year-on-year growth in July, reveals data compiled by EEPC India from Directorate General of Commercial Intelligence and Statistics (DGCI&S) and Quick Estimates published by the Government of …

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export: India export rates slip on lack of demand

India’s rice export rates dipped this week on lower demand, while domestic prices in neighbouring Bangladesh rose again after the government hiked fuel prices adding to inflation concerns. “Demand was weak this week. African buyers were not active in the market,” said an exporter based in Kakinada in India’s southern state of Andhra Pradesh. Top …

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