Tag: #msmes
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Plug-and-Play Parks Key to India’s Manufacturing Push
Developing ready-to-use industrial parks and improving logistics infrastructure are now central to India’s strategy to strengthen its manufacturing sector. A new report by Cushman...
Textile PLI Scheme Scales Up, 24 MSMEs Onboard
The central government has begun pan-India implementation of the Production Linked Incentive (PLI) Scheme for Textiles, aimed at boosting domestic manufacturing of man-made fibre...
India’s E-Retail Market to Hit $190B by 2030
India’s e-retail sector is poised for significant expansion, with gross merchandise value (GMV) projected to reach $170–$190 billion by 2030, according to a report...
India’s GeM Transforms Government Procurement
The Government e-Marketplace (GeM) has emerged as a transformative force in India’s public procurement landscape, fostering transparency, inclusivity, and efficiency. Since its launch in...
India Plans ₹1 Lakh Cr Subsidy to Boost Solar Manufacturing
India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...
India’s Startup Boom: 1 Million Startups by 2035?
The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...
₹20 Lakh Crore Credit Boost Announced for MSMEs
The Union Budget 2025 has unveiled a ₹20 lakh crore credit allocation aimed at bolstering India's Micro, Small, and Medium Enterprises (MSMEs) sector. This...
