Reduction in production; MSMEs face shortage of staff

Due to lack of laborers in the MSMEs in Peenya industrial area, owners face difficulty in finishing their orders and delivering the products on time. According to the former President of the Federation of Karnataka Chamber of Commerce and Industry (FKCCI),there is a shortage of 1.50 – 2 lakh workers in Micro Small and Medium […]

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Stuck in a loop of problems, MSMEs suffer

Liquidity crunch and lack of access to formal credit hamper the growth of MSMEs in Karnataka The smell of the fumes and whirring sound of machines can be constantly felt as one walks on the streets of Bengaluru’s industrial areas. Lines of buildings across the streets stand tall, housing, big machines, multiple metal bars, aluminium […]

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Crippled Industries leave the manufacturers cribbing

As the country battles against COVID-19, Micro, Small and Medium Enterprises (MSMEs) in Bhopal  struggle to meet their fixed costs. Rhythima Agrawal The lockdown in the country has paralyzed the operations of the medium and small scale industries. This has made it difficult for the manufacturers because they have to meet their fixed costs such […]

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Provisions for small industries inadequate; KASSIA dissatisfied

KASSIA also complains about the lack of compensation to industries post floods. By Harshith V. Bengaluru, March 05, 2020 Even as the president of Federation of Karnataka Chambers of Commerce and Industry (FKKCI), C. R. Janardhana said that the budget was a gallant effort to meet the challenges posed by the fund crunch of Rs […]

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