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Tuesday, March 19, 2024

development

International MSME day to highlight India’s MSME era

International MSME Day celebrates all fellow startup founders, business owners, and micro businesses to acknowledge their helping hand towards the country and making the globe a better place to live. Micro, Small, and Medium ventures have grown tremendously since...

Role of technology to scale up business & revenue of MSMEs

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...

‘Business Financing’ a Major Issue for MSME’s’: Challenges and the way forward

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,...

New technological adoption leads to more SME flexibility

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...

New Retail tech solutions for MSME transformation in India

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...

MSME Sector On-Boarded its Journey by Making it Big in Creating Employment Opportunities

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 Appoints Prasanth Nair as Head of Engineering to Expand Manufacturing Vertical & Expand its Tech Stack

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...

Challenges & Opportunities MSME’s Face to Enable Trends in Cloud Computing

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...

Fintech firms are filling the Credit gap within MSME sector

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...

ICAI sets up Info Booth for Investors, MSMEs at MP Global Investor Summit

To address the queries of global investors, Institute of Chartered Accountants of India ICAI has set up an instant expert advice pavilion from experts in the area of taxation, MSME, compliances at “Pravasi Bhartiya Diwas (PBD)” which is underway...
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Latest News

Kerala’s MSME Sector: A Growing Force

Kerala’s MSME sector has made a big leap by adding over one lakh ventures for the second consecutive year...
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