CMAI Proposes MSME Credit Structure Amendment

09 Feb 2024 CW Team

The Clothing Manufacturers Association of India (CMAI) has proposed amendments to the credit structure for Micro, Small, and Medium Enterprises (MSMEs), emphasizing the need for enhanced financial support. CMAI recommends extending the credit period from the existing 90 days to 120 days, providing MSMEs with greater flexibility and liquidity to manage their operations effectively.

Additionally, CMAI suggests revising the credit limit criteria to better align with the evolving needs and challenges faced by MSMEs in the retail industry. The proposed amendments aim to address key concerns related to cash flow management and access to credit for MSMEs, enabling them to sustain and grow their businesses amidst changing market dynamics. By advocating for changes in the MSME credit structure, CMAI seeks to promote the growth and competitiveness of MSMEs in the retail sector, fostering a conducive environment for innovation and entrepreneurship.

The recommendations put forth by CMAI reflect a collaborative effort to address the financial constraints faced by MSMEs and unlock their full potential as drivers of economic growth and employment generation. Overall, the proposed amendments underscore the importance of policy reforms in supporting the resilience and sustainability of MSMEs in the retail industry.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..