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Friday, November 22, 2024

Growth

SMEs should go global! Why?

SMEs should go global! You might think why it is important? The fact is India comprises 60 million SMEs, which add to 11% of GDP, 45% of aggregate manufacturing output and give business chances to in excess of 100...

Highlights of MSME policy of Uttarakhand

The Uttarakhand government has generated its MSME policy, which means to support enterprise, end outward movement and realize comprehensive advancement in the state, particularly in the remote and flood-hit hill zones. The MSME policy of Uttarakhand offers a few...

Indian Food Processing Sector Have prospective to create nine Million Jobs by 2024: Assocham Grand Thorton Study

The Indian food processing sector can possibly draw in $33 billion of investment and create nine million jobs by 2024. This has been announced by industry chamber Assocham Grand Thorton. "By 2024, food processing division is required to utilize...

A Study of Indian Startup Ecosystem

In the period of startups, India has become well known in the worldwide startup ecosystem. India positions among the main five nations on the planet as far as a number of startups established. The Indian Startup Ecosystem encountered a...

Why SMEs are late adopters to technology?

We utilize technology to achieve different assignments in our day to day lives, in a word; we can portray technology as products and procedures used to streamline our day to day lives. We utilize technology to broaden our capacities,...

Growth of Paper Industry in India

India embraces 15th rank among paper manufacturing nations in the world. The sum of capacity is around 12.7 million tonnes.  For each capital expenditure of paper is around 11 kgs alongside the global average of 56 kgs and the...

Online MSME Finance Service Providers are the Next Big Thing

In a developing country like India, Micro, Small and Medium Enterprises (MSME) are the key factors responsible for the growth. As the banks of the country have not paid much heed to this finance service, MSMEs are still to...

STATUS AND OPPORTUNITIES FOR MEAT PROCESSING INDUSTRIES IN INDIA

Food processing industry plays an important role in the Indian economy. Processing of food covers a wide range of products or items like milk, milk products, fruits, vegetables, meat poultry, alcohol, protein food, confectionery etc. meat processing industry too. Further...

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...

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...
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Latest News

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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