We often come across technical terms such as Internet of Things, data analytics, cloud, Software as a Service, Automation, and the list continues. Also, we hear about Medium, Small, and Micro enterprises in India (MSMEs) and how they contribute...
India has been actively involved in businesses, trade, and forming association since as early as Indus Valley Civilization. And guess what, the ancient Indian merchants formed guilds (Shrenis) to regulate businesses and trade. These guilds not only focused on...
Shree Rani Sati TradeCorp ( Rani Sati Group), a marketing, distribution and supply chain services provider, has strengthened its association with Hamdard Food Division through a new deal to provide Modern Trade Distribution Placement Services across North India and...
Are Indian MSMEs still relevant in India’s $5 trillion marathon?
Yes. In fact, Here are the key statistics that highlights the importance of MSMEs growth in the Indian economy:
As per Central Statistics Office, MoSPI; the share of the MSME...
From the Himalayan highlands of Leh-Ladakh to the banks of River Ganges in Varanasi – the heritage handicraft of Pashmina has got a brand new identity. The premium Pashmina products prepared by the highly skilled Khadi weavers of Varanasi...
E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit for Export Policy for MSMES right from the enhanced visibility provided by e-commerce platforms....
Khadi and Village Industries Commission (KVIC) is viewing the Manufacturing and sale of fake Khadi products by some unauthorized outlets selling products in the name of Khadi very seriously and is closely and constantly searching for such entities, to...
mewt, the first-of-its-kind business banking aggregator for MSMEs of Bharat, today announced that it has successfully onboarded 125,000 MSMEs on its platform within a span of just two months (Jan-Feb 2022). mewt simplifies business banking by unifying state-run banks,...
Indian MSMEs through innovative entrepreneurship has changed the economic structure of our country. The importance of MSME in the Indian Economy had surpassed all previous records. The MSME sector generates the highest employment in India after the agricultural sector...
In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
