Small and medium-sized businesses (SMBs) are evolving by introducing new technologies and innovation in the ecosystem. Small and Medium Businesses form the backbone of the Indian economy by contributing a massive 30% to India's total GDP. To boost the...
Union Minister for Micro, Small and Medium Enterprises Narayan Rane today launched the MSME Sustainable (ZED) Certification Scheme. In his address, the Minister said that ZED has the potential to become a national movement and that it aims to...
Union Minister for Micro ,Small and Medium Enterprises Narayan Rane today inaugurated the Ministry’s Mega Event: “Enterprise India” under the celebrations of Azadi Ka Amrit Mahotsav. “Enterprise India” is a series of commemorative entrepreneurship development events and activities being...
An Introduction to Software-as-a-Service
The main reason why SaaS is the future is that it's a business model that determines the way applications will be delivered to customers. Cloud software and Software as a Service (SaaS) have near-zero marginal...
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...
Imagine, instead of buying, installing and maintaining the software, you get to just rent the service and make use of it, avoiding the need for high installation costs and device maintenance. A new generation of popular Top 5 Trends...
Khadi and Village Industries Commission (KVIC) has just scripted the golden chapter of industrial growth and self-employment boom in Jammu & Kashmir (J&K). In the year 2021-22, KVIC, in J&K, has established the highest number of manufacturing and service...
It’s been a year full of historic feats for Khadi and Village Industries Commission (KVIC) in executing the flagship Prime Minister’s Employment Generation Program (PMEGP). With setting up of an unprecedented 1.03 lakh new manufacturing and service units and...
Shree Rani Sati TradeCorp ( Rani Sati Group), a marketing, distribution and supply chain services provider, has strengthened its association with Hamdard Food Division through a new deal to provide Modern Trade Distribution Placement Services across North India and...
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...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
