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Friday, May 17, 2024

SME Sector

Manufacturing SMEs in India is achieving out for Global clientele

As per a report from the Confederation of Indian Industry (CII), India's manufacturing trade expanded up to 94 percent in 2013. This expansion shows that Indian exports are currently heading forcefully towards Asia and Africa, with Asia accepts an...

Food processing sector – Review on Government Support

The Food Processing industry is imperative to India's development, essentially because of the linkages and cooperative energies it advances between the two mainstays of our economy - industry, and agriculture. The sector in India incorporates vegetables, fruits; meat and...

Advancing the SME sector for the development of India’s GDP

As the world’s fastest growing economy, the Indian business ecosystem and SME sector has surpassed China to become the 6th largest economy in the financial year 2017-18, and this growth can be accredited to large industries in the country. Being...

“SMEs must be given support in export strategies and participation in Global Trade”-Mr. Santhosh Mandlecha, President of MACCIA

MACCIA facilitates progress in all sectors of sustainable prosperity through collaborative efforts, knowledge-based skills, modern technology, and ethical means. It works closely with Maharashtra State Government for chalking out growth-oriented policies and suggests Policy directions to the State Government...

Almost Bootstrapped Connect2India is enabling seamless cross-border trade among India and overseas SMEs

The world is full of opportunities in the shape of unexplored global markets. The world’s export by WTO members in 2017 was USD 22.45 Trillion and WTO has predicted a 4.4% growth in global trade for the coming year....

RBI has been relaxed Asset Securitization Norms for NBFCs

The Reserve Bank of India (RBI) on Thursday relaxed up rules for NBFCs to sell their loan books, in a proposal to relieve continual pressure on the sector. What are the Relaxed Asset Secularization Norms? NBFCs can now securities loans...

5 excellent ways technology can encourage SMEs

For some, SMEs, running their frameworks on Information Communications Technology (ICT) is a basic piece of day by day tasks. Yet, some are as yet uncertain of how or where to incorporate technology into their organizations. Here are 5...

The prerequisite of Credit Ratings for advancing the Financial Health of SMEs

SMES occupies gigantic power in India’s financial growth. Contributing fundamentally to the nation’s GDP, export, and Industrial manufacturing, SMEs in India have just made work open doors for 106 million individuals. Be that as it may, the absence of...

The impact of FDI in retail on SME sector

The retailing sector has become one of the emerging sectors and also known as the backbone of the Indian economy. The retailing sector contributes about 10 percent to the GDP and is estimated to be around 500 billion US...

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...
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Latest News

NCLT Ruling on MSMED Act and IBC Intersection

The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of...
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