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Monday, November 25, 2024

News Desk

India Can Be A Global Player In Defense Technology If Supported By A Successful SME Sector

India has become the world’s largest defense importer and has effectively and efficiently held this position. It is the 6th biggest defense spender internationally and the 2nd largest spender in Asia, as per a report released by the Stockholm...

Why Fintech Startups Need To Take A Localised Lending Approach For SMEs

The government of India is merely focusing on building India as the professional hub globally through projects like Digital India, Start-up India, and Make in India. Introducing GST has already given tremendous growth to many industries; the economic growth...

How SMEs Can Prepare For an Audit

The small and medium enterprises (SMEs) are the backbone to transform India into a developed nation. They are the defibrillators for talent, innovation. Creativity and entrepreneurial spirit which is essential for a nation like India to develop on the...

Automotive Components Manufacturing in India

Indian economic growth has been on a rising spree in today’s time. This growth in the economy is due to multiple contributing factors from different fields of work and industries.One such industry that has been contributing immensely to the...

The New Startup Destination – Northeast India

Refer to the statement by Dr. Jitendra Singh, Northeast India is rapidly emerging as the new Startup destination. Dr. Singh is a Union Minister of State (Independent Charge) if the Ministry of development of North eastern Region. MOS, personnel,...

The Lending Scenario of Indian banks for SME Sector

India has been the fastest developing economy globally. This has been high, possibly because, the lending scenario of Indian banks for SME sector, are flourishing enormously and contributing significantly to the Indian economy. They have been generating employment opportunities...

3D Printing Technology –and Opportunities, Challenges and the Future in India

The 3D Printing technology started in India around 1980. However, 3D printers became commercially available from 2010. A phenomenal increase was observed globally in 2012, in the value of the market for 3D printers and services with around 29%...

The startup that raised one of the largest first rounds of funding in India — Flexiloans

Flexiloan, an online financing platform, based out of Mumbai and provides the small and medium-sized enterprises with unsecured working capital loans. It was founded in November 2015 and integrated in 2016. Lending process in a Flexiloan is entirely online. It...

SME Sector: The growth engine of the Indian economy

SME sector Earlier, the large organizations were only considered potential economy boosters. However, the scenario has changed significantly in today’s era, wherein not just the big companies but also the small and medium-sized enterprises (SMEs) are reflected to be the...

Technology adoption challenge for SMEs in India

SME’s- Their significant role in the Indian economy and the challenges they face "Technology Adoption".Small and medium-sized enterprises (SMEs) at a global level, all over the world, have become the backbone of struggling and developing economies. These are constantly...

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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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