Tag: SMEs
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‘This government is killing our businesses’: What small, medium enterprises think of GST revisions
After Friday’s GST Council meeting, which decided to cut the goods and services tax rate on two dozen commodities and announced relaxations for exporters and small and medium companies, Prime Minister Narendra Modi said the changes brought in an early Diwali. The business press was bullish as well. “Three months on, GST now good for […]
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Why small businessmen in Gujarat are quitting industry and turning to financial speculation
Two major trends are playing out in Gujarat’s economy. On one hand, small industrial units are shutting down. This is not a recent development. Micro, small and medium units in the state started getting into trouble about five years ago, well before the central government demonetised high-value currency notes in November and introduced the Goods […]
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Beyond Surat’s GST strike: New technologies, Chinese imports are causing a churn in textile sector
At one time, the neighbourhood around Surat’s textile markets was noisy. The street resounded with the clacketing of powerlooms – five or six machines in dark, poorly ventilated rooms with split levels. Most of these were family-run businesses. The looms were on the groundfloor with families working by day and sleeping upstairs at night. Now, […]
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In Surat’s textile hub, small businesses are afraid of GST – but big companies are not
Rajesh Mehra is desolate. A big-boned man in his mid-fifties, he is a trader in women’s blouses. Until ten years ago, Mehra used to take orders from garment wholesalers in big cities like Mumbai, Kolkata and Bengaluru, buy the cloth and thread he needed from garment clusters like Silvassa, and get the blouses stitched in […]
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‘No ideology, no political idea’: Hosur shows what happens when a society has been sedated
In the last 40 years, Hosur has been on a rollercoaster. In 1973, this Tamil Nadu town on the border with Karnataka was chosen as the site for the state’s second industrial cluster. Through the ’70s, a diverse clutch of companies, producing everything from trucks to garments to medicines, set up factories here. Hosur began […]
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Can the courts save India’s rivers from pollution? Tirupur shows the answer is no
the second — and concluding — part of our trip down the Noyyal (see previous post). A slum sprawled on one side of the river. In the distance, a factory belched smoke in the air. The riverbed was overrun with weeds and crammed with plastic bags that were half buried into the earth. An earthmover […]
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For ‘Make In India’ to work, India first needs to become globally competitive
Bhoday Sales Corporation is tucked inside the industrial zone of Ludhiana. A small machine tooling factory with a net worth of not more than Rs 10 lakh, it makes manufacturing equipment for other plants in the city. Of late, it has fallen on bad times. Sales are down. At one time, says its founder, 68- […]
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No country for the poor: What we have learnt so far from Scroll’s EarToTheGround project
As Scroll’s Ear To The Ground series reaches its halfway point, what have we learnt so far? The series, for those coming in late, seeks to create a current snapshot of India through reportage from six specially chosen states – one from the North East; one which is mineral-rich; one with Green Revolution agriculture; another […]
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why industry is leaving punjab
In his 50 years in Ludhiana, Harbans Singh Bhanwer has seen it all. Around 1965, when he began making machine parts in Punjab’s biggest industrial centre, the town was booming. The Green Revolution was underway, and Ludhiana provided a large part of the engineering underpinning for that boom. Some units made farm implements, while others […]
Fractured/Earth 