The Udyam Registration, commonly known as MSME registration, is now accessible for traders. According to the government, individuals involved in retail or wholesale trading can now register and enjoy the benefits available to other registered entities under the MSME scheme....
Amazon India has signed a Memorandum of Understanding (MoU) with the Visakhapatnam Forest Tribals. This partnership aims to help tribal artisans from Visakhapatnam sell their handcrafted products globally. By providing an e-commerce platform, Amazon offers these artisans a chance...
Fusion Micro Finance, a leading NBFC microfinance company, announced on Friday that it has entered into a $25 million loan agreement with the United States International Development Finance Corporation (DFC). This significant funding aims to enhance the company's business...
The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of interest under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) in the context of the Insolvency and...
Poshn, a pioneering full-stack foodtech supply chain startup, recently announced a new funding achievement. The company has successfully raised $6 million, comprised of $4 million in equity and $2 million in debt. This funding round was led by Prime...
The Indian Parliamentary Standing Committee on Agriculture recently delved into the state of agricultural mechanization, acknowledging its critical role yet highlighting the deficit in foreign direct investment. Despite agriculture supporting a significant portion of the population and contributing notably...
For micro, small, and medium enterprises (MSMEs) in India, delayed payments can significantly hinder business operations. To combat this issue, the MSME Ministry has established a robust mechanism to address payment delays through the MSME Samadhaan portal. Here's a...
The Indian Retail Market is on the brink of a transformative leap, projected to exceed a staggering $2.2 trillion by 2030. This growth is largely fueled by traditional offline channels, which are expected to account for approximately 90% of...
Industry experts gathered at the Meditech Stackathon 2024 to address import dependency in India's MedTech sector. The event, hosted by the Department of Pharmaceuticals and the CII, aimed to slash imports from 75% to 50% within five years. Stakeholders...
The Indian government is taking significant steps towards establishing a self-reliant electronics industry with its new production-linked incentive (PLI) scheme focused on electronics component manufacturing. This initiative aims to reduce dependence on foreign suppliers like China and Vietnam. This...
