Collaboration with startups to help MSMEs effectively capture market
The Association of Industries Madhya Pradesh (AIMP) is in discussions with a number of leading startups to develop innovative technical solutions to help MSMEs and startups become more productive."We are intending...
Indian MSME’s require Foreign Investment to provide investors good viability, revenue
Nitin Gadkari, Union Minister, emphasised the importance of drawing more FDI into the MSME sector, stating that such businesses provide good viability and revenue to investors. The minister also...
Rebuild Indian MSME’s post Covid
The lockdown might have brought difficulties for Indian MSMEs, but it has also brought with it a whole lot of opportunities. The 8 tips to rebuild Indian MSMEs to tell entrepreneurs to look for opportunities...
Ministry of MSME, Government of India is implementing Prime Minister’s Employment Generation Programme (PMEGP), to facilitate generation of employment opportunities for unemployed youth across the country by assisting setting up of micro-enterprises in non-farm sector. KVIC is national level nodal agency....
The government has lifted the “export prohibition” on bamboo charcoal, a move that would facilitate optimum utilization of raw bamboo and higher profitability in the Indian bamboo industry. Khadi and Village Industries Commission (KVIC), which is supporting thousands of...
Globally, the Micro, Small and Medium Enterprises (MSMEs) segment plays a crucial role in employment generation and contributes significantly to overall economic activity. Post COVID, MSME's are facing similar challenges as it was in 2020 during pandemic. In 2020,...
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...
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...
Challenges faced by the Indian MSMEs
For the Indian economy with a population of 1.3 billion and the highest demographic dividend, the MSME sector is undeniably a crucial job provider but the challenges facing Indian MSMEs impede their growth. The...
Data is the new oil, and technology is the new weapon. India is going digital at a fast pace post-pandemic. The question is, are we ready to rebuff the cyber threats that a digital India brings? What role will...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....