The state of Orissa lagged far behind other states in terms of industrial progress and attractiveness as an investment destination until some years back. The poor infrastructural support and apathy of government impeded the growth of industries in the state.

After witnessing a huge contraction in export orders for the past few
months, Indian micro, small and medium enterprises (MSMEs) in the
export sector will soon receive much needed relief.

With access to funds from traditional sources getting limited, small
and medium enterprises (SMEs) in the export-oriented gems &
jewellery sector are considering options like mortgaging of high-value
properties.

The world is increasingly becoming virtual. From simply connecting with
your friend in the farthest corner of the world to actually performing
your entire trade online, everything is happening right on the world of
the wide web.

The once flourishing printing industry and the industry’s rapidly
developing small and medium enterprises (SMEs) have undergone
significant changes in the past few years. Rising inflationary
pressures and tough competition in the domestic market are responsible
for the deplorable condition of the printing SMEs in present times.

Small and big companies worldwide have started adopting corrective
measures as the global financial crisis is showing no signs of
subsiding.

The once flourishing small manufacturing units of Hosur in Tamil Nadu
are facing tough times today. The global economic downturn has affected
the state’s industrial town that houses more than 1,500 small and tiny
industrial units.

At a time when the domestic shipping industry is witnessing a dry run, the boat and yacht industry is sailing high. It is one sector that has remained unfazed despite the deepening of the global economic crisis.