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The company has signed a memorandum of understanding (MoU) with the Tamil Nadu government, covering Rs 2,277 crore of investments designed to expand its commercial vehicle production, DICV said in a statement. Read more at: https://economictimes.indiatimes.com/industry/auto/auto-news/dicv-to-invest-rs-2277-cr-to-expand-commercial-vehicle-production-at-oragadam-plant/articleshow/76071297.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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BHEL has floated an Expression of Interest (EOI) inviting global companies to partner with it and leverage its facilities and capabilities for setting up manufacturing base in the country,” a BHEL statement said. Read more at: https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/bhel-invites-global-oems-to-use-its-facilities-capabilities-to-make-in-india/articleshow/75530717.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Airtel Payments Bank and Mastercard will work together to create differentiated card solutions, including solutions for contact less payments via NFC (Near Field Communication) for customers and merchants. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/airtel-payments-bank-mastercard-tie-up-for-payment-solutions-for-farmers-smes/articleshow/75997706.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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In addition, manufacturers who have got their products qualified from these labs are also being on-boarded on Government e-Marketplace (GeM).  The manufacturers who have got PPEs qualified have been advised by the MoT to on-board on to the GeM so that the procurement by states can be carried out accordingly.   https://www.financialexpress.com/lifestyle/health/india-manufacturing-of-3-lakh-ppes-n95-masks-per-day-provides-around-111-08-lakh-n95-masks-and-74-48-lakh-ppes-so-far/1969911/

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“We have sanctioned loans amounting to Rs 2,789 crore under agriculture, SHGs, Retail, MSMEs with almost one lakh beneficiaries between March 2020 and May 2020,” the lender said in a statement. Read more at: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-maharashtra-sanctions-rs-2789-crore-loans-over-3-months-to-msmes-others/articleshow/75943308.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Ease of Doing Business for MSMEs: The government is working on creating an agro MSME category to push entrepreneurship in rural and tribal areas and help manufacturing via local and raw produce. https://www.financialexpress.com/industry/sme/msme-eodb-nitin-gadkari-agro-msme-gram-panchayat-industry-cluster-rural-entrepreneurship/1967648/

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Zaggle will leverage Visa’s expertise in the payments space to co-create and build new solutions for SMEs. Read more at: https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/fintech-startup-zaggle-joins-hands-with-visa-to-launch-payment-solutions-for-smes-startups/articleshow/75917620.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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