PSUs must blacklist delinquents in MSMEs` payment Public Sector Units (PSU) must blacklist all contractors and sub-contractors who are delinquent in timely payment to MSMEs. Socially responsible PSUs should own up the responsibility of payment to...Continue reading..
Focuses on indigenisation The MDL has indigenised equipment likes on ardome, ship installed chemical agent detection system, bridge window glass, main batteries for Scorpene submarines, multiple cable transit glands and remote-controlled valv...Continue reading..
Widens business base GSL has signed MoUs with NBCC for Project Management Consultancy, with L&T to jointly produce defence equipment for both domestic and export market, with BEL for composites and exports of defence products. Goa Ship...Continue reading..
Sign of growth With best productivity measures and improved morale, Hindustan Shipyard (HSL) has undergone a major turnaround by achieving operating and net profit for the last four consecutive years (FY2015-16 to 2018-19) after a gap of 65 y...Continue reading..
Quick response to orders GRSE has the distinction of delivering more than 100 warships to the Indian Navy and Indian Coast Guard. With an excellent track record in ship deliveries, GRSE delivered 11 warships within 32 months. Garden Reach ...Continue reading..
The sector sees no hope of revival for another one year, as the pandemic is feared to swallow two more festival seasons. Human beings will never stop wearing clothes. People will never stop buying garments. Still, the garment industry has lost it...Continue reading..
For MSMEs Covid-19 induced lockdown is just another crisis. India’s hostility with China has opened newer opportunities for SMEs engaged in the high technology and engineering segment. But it is not the opportunity that an average SME is worried abo...Continue reading..
Payment crisis faced by micro small and medium enterprises (MSME) is still a big concern. A large number of companies whom we met in the one and a half years as part of our survey said that one of the major reasons for their crisis was the payment d...Continue reading..
Punish shrewd delinquents Most of the 270 companies whom we have met over a period of 11 months as part of our survey said that one of the major reasons for their crisis is the payment default by large companies. Even those mid-sized companie...Continue reading..