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Wednesday, May 15, 2024

SME

Five ways by which technology can help in the growth of SME

The SME sector plays as a very critical aspect in the economic development of the country. It contributes to 40%, exports that happen in India, 45% in the manufacturing output and close to 20% GDP of India. It is...

Conversation with MR. VIJAY KALANTRI, President, All India Association of Industries & Vice Chairman of World Trade Center, Mumbai on GST

1. Do you agree that implementation of the GST would be a boon for the economy? Can you please elaborate? GST is a move towards higher economic growth by creating a ‘common economic market’. It is a major step towards...

Top SME Trends that will Shape India in 2017

The SMEs (Small and Medium Enterprises) in India have been flourishing amidst the highly competitive and challenging environment, experiencing several lows and highs in the past few years. The Indian economy is expected to be emerging as one of...

DBS and Xero join forces to revolutionise how SMEs manage capital

The first step in the partnership is connecting SMEs’ bank accounts with Xero’s online accounting software. This will allow SME customers to access in real-time, a consolidated view of their financial accounts, including cash in the bank, from any...

Significance of financial management knowledge in small and medium enterprises

The Great Financial administration is basic to the accomplishment of any business, however, it is especially vital in small to medium enterprises (SMEs) where the danger of gratitude is frequently minimal more than an unpaid receipt away. A key...

The Role of Distribution Channels in the SMEs

The significant feature which distinguishes any company especially the SMEs (Small and medium Scale enterprises) from the others is the implementation of its management system including the production, distribution, marketing, human resource management and so more. It is the...

GST Preparation: A Probable Good Time for the SMEs

The implementation of the GST has been long awaited in the federal country of India. The implementation of the GST promises easy trading across the state borders of the country and better compliance for the businesses that are burdened...

Unveiling the Budget 2017 for Startups

Expectations of the Startups from the Union Budget 2017 It was in 2016 that Prime Minister, Narendra Modi gave a headstart to the “Startup India” campaign. This campaign was aimed at boosting effective entrepreneurship in the country. This was followed...

Industry Profile of Indian Manufacturing SMEs

The Indian economy is on the path of steady growth with the manufacturing sector of the SMEs. The structural transformation of the manufacturing sector in India has observed a spectacular growth in the past few decades. The manufacturing sector...

Start-Ups Target SME Funding in India

It is a surprising fact that out of the ratio of 50 million SMEs (Small and Medium Enterprises), only around 6-7% of the SMEs manage to get the adequate funding for themselves. As the Indian startup industry is blooming,...
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Latest News

Agricultural Mechanization in India: Path to $50 Billion Market by 2030

The Indian Parliamentary Standing Committee on Agriculture recently delved into the state of agricultural mechanization, acknowledging its critical role...
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