[vc_row][vc_column][vc_column_text] Peenya Industrial Area is in the race for the Smart City Challenge. All eyes of entrepreneurs are now on whether Peenya is going to make it this time. In its previous proposal, the BBMP had pitched Whitefield for the Smart City Challenge. Now, other localities are vying for the tag such
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Industrial News India
Industrial News India (Industry News) keeps the members of the Peenya Industrial Association, as well as the industries in and around Peenya, about industry-related and financial policies of the Karnataka government as well as the central government in New Delhi. The Industrial News ( industry news) covers industrial policies that the Ministry of Micro Small and Medium Enterprises, and the Ministry of Finance put forth.
Industrial News India (industry news) will also include news that includes official statements by the finance minister of the Karnataka government and MSME minister in the central government, which would either benefit or negatively affect the small and medium industries, including those in and around Peenya.
Industrial News India (industry news) also includes opinions by the heads of industrial associations within Karnataka or from other states or at the all-India level about policies of the government that usually affects businesses.
Industrial News India (industry news) also includes news about major public sector units such as BEL, ISRO seeking collaboration for manufacture of certain components for their projects. This kind of news would be an opportunity for industries including those in and around Peenya to express interest in bidding for collaboration.
PIA seeks end to harassment of Plastic Manufacturers in Peenya
[vc_row][vc_column][vc_column_text] A large groundswell of resentment is brewing among small plastic manufacturers in Peenya who are facing needless harassment at the hands of some over-zealous officials. PIA has received complaints about officials barging into plastic manufacturing units and seizing non-banned items and levying huge penalties on flimsy grounds without giving any
RETURN OF POWER CRISIS? Rising Power cuts are spreading panic among industries
[vc_row][vc_column][vc_column_text] INDUSTRY & TRADE IS ALARMED ABOUT THE FREQUENCY OF POWER OUTAGES AND THE POSSIBILITY OF IT WORSENING IN THE DAYS AHEAD. WE SINCERELY REST OUR HOPES ON THE STATE GOVERNMENT WHICH IS ADMITTEDLY TAKING ALL MEASURES TO AVOID A POWER SHORTAGE DURING SUMMER MONTHS. – R.Krishnamurthy, President, PIA If its summer, can
India’s Leather Industry has a potential to generate 250 jobs for every Rs 1 crore investment
[vc_row][vc_column][vc_column_text]India's Leather Industry has a potential to generate 250 jobs for every Rs 1 crore investment, the Ministry of Commerce & Industries said in its Achievement Report. The report highlighted that India has an abundance of raw materials with access to 20% of world's cattle and buffalo and 11% of the
BWSSB to reduce pro-rata charges by 10% for online bookings
[vc_row][vc_column][vc_column_text] The Bangalore Water Supply and Sewerage Board (BWSSB) has proposed a 10 per cent rebate on pro rata charges if bookings for water and sanitary connections are made online from 2017. This initiative is an effort to put an end to corrupt practices by BWSSB plumbers and engineers when people
PIA lauds Bank Account Opening Mela for Unorganized Workers
[vc_row][vc_column][vc_column_text] In line with the Centre's direction to move towards a less cash economy, the Labour Department has facilitated the opening of over 75,000 bank accounts for unorganised workers across the State. According to Labour Department officials, the number of accounts opened was anywhere between 75,000 and one lakh from Dec 2
More Initiatives to Promote Digital Payments
[vc_row][vc_column][vc_column_text] In order to further promote digital and card payments, the Central Government has asked the Public Sector Banks (PSBs) not to charge fees for transactions settled on Immediate Payment Service (IMPS) and Unified Payments Interface (UPI) in excess of rates charged for National Electronic Funds Transfer (NEFT) for transactions above
Union Budget 2017 has responded to MSME Concerns: PIA President
[vc_row][vc_column][vc_column_text] The Union Budget for 2017 has broadly met the aspirations of the MSME sector, Sri R.Krishnamurthy, President, PIA said, and welcomed in particular the reduction in corporate tax rate to 25% for MSMEs with annual turnover less than Rs 50 crore. According to Sri R. Krishnamurthy, the doubling of the allocation
PIA industrial Directory 2017
[vc_row][vc_column][vc_column_text] In a major initiative for Micro and Small Scale Industries in Peenya in particular, Peenya Industries Association (PIA) has launched an Industrial Directory containing comprehensive data on various products and services available in Peenya Industrial Area and surrounding Industrial Estates. Peenya Industrial Area is South-East Asia's largest industrial hub and therefore
PIA’S Mega job Mela in Peenya
[vc_row][vc_column][vc_column_text]The Peenya Industries Association (PIA) will hold a Mega Job Mela. According to Sri. R. Krishnamurthy, President, PIA, nearly 100 industries are expected to put up individual stalls at the Mega Job Mela. The industries will represent a wide spectrum ranging from micro, small and medium enterprises, including large industries,