The Micro Small and Medium Enterprises (MSME) and Textiles department have taken the action to occupy the NSE with all industry associations and chamber bodies, so that big number of SMEs in West Bengal can be supported to explore possible sources of funding and aid list them on emerge platform of NSE, as said.
Also, it said that, this action is just the beginning of journey towards the objective of getting 100 SMEs from West Bengal, listed on NSE Emerge platform by 2020.Listed on the platform with total capital raise of Rs 2,597 crore, NSE Emerge has a total of 168 SMEs. It said that, currently, six companies from varied industries in the state are listed on NSE Emerge platform with total funds raised standing approximately at Rs 44 crore.
The statement said that also, approximately 15 new companies from West Bengal plan to get listed on NSE Emerge platform over the next one year.
The National Stock Exchange of India Limited (NSE) signed an MoU with the MSME and textiles department of West Bengal government for supporting and facilitating alternate sources of funding through equity among the small and medium sector enterprises. The Micro Small and Medium Enterprises (MSME) and Textiles department have taken the initiative to engage the NSE with all industry associations and chamber bodies.
Mellowdrama has launched its latest ready-to-wear collection, ‘AlterEgo,’ using repurposed fabric waste focusing on themes of individuality and self-expression.
DRDO, Indian Institute of Technology Delhi, and 10 companies have signed agreements to develop and produce advanced textile-based products for…
Milliken & Company has announced that it is the first textile manufacturer to provide non-PFAS materials for all three layers…
Evaya Organics proudly introduces a line of sleep products designed to promote better sleep while prioritizing health and environmental sustainability.
An initiative in Benin is helping small-scale farmers transition to organic cotton farming under the Cotton made in Africa Organic…
Lenzing has joined forces with CPL Prodotti Chimici and Oniverse to introduce biobased acetic acid as a sustainable alternative for…