India has cleared 17 major electronics component manufacturing projects under the Electronics Component Manufacturing Scheme (ECMS), signalling a strong push to strengthen domestic supply chains and reduce import dependence. The approved investments total ₹7,172 crore, spanning high-value components across...
A high-level government panel has urged the cancellation, suspension, and deferment of Quality Control Orders (QCOs) covering more than 200 products, warning that the expanding scope of mandatory standards has increased compliance costs for manufacturers, disrupted supply chains, and...
The Government of India has announced major GST reforms aimed at simplifying taxation in the food processing and logistics sectors, offering relief to consumers and enhancing predictability for industry players — particularly SMEs and MSMEs operating across the value...
Poshn, a pioneering full-stack foodtech supply chain startup, recently announced a new funding achievement. The company has successfully raised $6 million, comprised of $4 million in equity and $2 million in debt. This funding round was led by Prime...
To ease the supply chain challenges and remove all kind of barriers it became essential to find solutions and fix issues related to supply chain. The pandemic created further disruptions, delays and created threat for companies and their competitive...
Launched in 2015, Bizongo is a vendor digitization platform with embedded financing for brands and enterprises.
The company focuses across made-to-order segments including packaging, textiles, apparel, electronic components & other contract manufacturing goods as its product portfolio and has a...
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...
The SME sector, also known as the ‘Engine of growth’ for India, has scaled drastically over the years on the again of growing awareness, digital advancements and better opportunities that have motivated many entrepreneurs to offer special innovations and...
Small and Medium Enterprises play a crucial role in the economy of the country. In the manufacturing industries, SMEs especially plays the role of supplier, vendor, or subcontractor. The function of SMEs in large part remains that of a...
