Retail and wholesale traders and Wholesalers tops the list in MSME sector
based on the number of registrations on the Udyam portal.
The data as of February 2, 2023, out of around 1.38 crore Udyam-registered
MSMEs in the top 10 categories contributed...
Small and medium enterprises (MSMEs) are the backbone of the Indian
economy, contributing significantly to employment generation and GDP
growth. However, MSMEs face numerous challenges, such as lack of
access to finance, technology, and skilled labor, which hinder their
growth and sustainability. They...
It is well known fact that MSME’s and SME’s contribution to the country’s
GDP is growing every year and this includes Micro, medium and small
scale industries. It also includes industries based in rural areas, agro
based Small Business and Business Financing,...
Adaptability in business operations is becoming an important part of a
company's success, especially in the MSME (Micro, Small and Medium
Enterprises) sector. MSMEs play a crucial role in the growth and
development of the Indian economy and the adoption of new
technology...
Small and medium-sized enterprises (MSMEs) in India are the backbone
of the country's economy, contributing to about 45% of India's total
industrial output and employing around 120 million people. However,
the COVID-19 pandemic has resulted in unprecedented disruptions to
the retail industry, putting...
As per recent reports of NSS the number of Employment Opportunities generated by MSME and SME’s amounted to (number of persons) in micro enterprises during the year 2016-17, 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22 (as on 15.11.2021) are 4.08...
Bizongo, a leading vendor digitization platform for brands and Enterprises, has announced the appointment of Prasanth Nair as Senior Vice President of Engineering.
The appointment comes at a time when Bizongo is amplifying its tech stack and
introducing newer offerings to...
Enterprises of all size be it medium, small or large are going towards Cloud Computing & adoption to stay relevant, competitive and benefit from the new age digitalization by over hauling their data structure in a secured atmosphere. To...
Spice Money India’s leading rural fintech firm, a subsidiary of DiGiSPICE Technologies is paving the way Bharat banks, has issued 19 lakh PAN cards and over 1.5 lakh Udyam Aadhaar cards till date through its Adhikari network spanning across...
The MSME sector has experienced a lot of changes and gap in the
recent times. After the inception of the MSMED ACT 2006, many of
the MSME businesses came to fruition. There was a huge amount
of interest amongst the entrepreneurs to...
