MSME Minister Reviews Progress at IDEMI Mumbai Technology Centre

07 Jul 2025 CW Team

Union Minister for Micro, Small & Medium Enterprises (MSME), Shri Jitan Ram Manjhi, visited the MSME Technology Centre at the Institute for Design of Electrical Measuring Instruments (IDEMI) in Mumbai on 3 July 2025.

During his visit, Shri Manjhi held a review meeting and undertook an extensive tour of the Centre. He received an overview of components developed for the Chandrayaan mission and visited the cutting-edge AR/VR laboratory. Presentations were also made on key government initiatives including the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and the PM Vishwakarma scheme.

The Minister commended the overall performance and contributions of the MSME Technology Centre, IDEMI Mumbai. He offered valuable guidance to expand advanced technology services and training programmes beyond Mumbai and Maharashtra to benefit a broader base of MSMEs.

IDEMI has made significant progress by delivering essential services and support to MSMEs. It has developed advanced components such as cryogenic engine parts for ISRO, gauges for submarines, and robotic tools used in neurosurgery. The Centre also produces practical machines including soil testing equipment and silk reeling machines, supporting farmers and women entrepreneurs.

Equipped with facilities like CAD/CAM, automation, tool design, and robotics, IDEMI collaborates with premier organisations including the Indian Navy, BHEL, and GAIL to calibrate and maintain critical instruments. Through research and development partnerships with BARC, the Centre has created specialised tools for agricultural and medical applications. It also utilises 3D modelling, reverse engineering, and rapid prototyping to design and manufacture innovative tools.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..