Consumers will soon be able to buy genuine khadi products online from an e-Commerce portal to be launched by the Khadi and Village Industries Commission (KVIC). Trying to encash on fast growing e-commerce sector and increasing demand for khadi products in the country, the KVIC has submitted a pro…
Varanasi gets country’s first special handicraft mega cluster
Varanasi: The parliamentary constituency of Prime Minister Narendra Modi has been gifted with the first special handicraft mega cluster of the country with a fund of Rs. 31 crore to benefit 21,000 artisans of different crafts. Union Textile Minister Smriti Irani announced the project at the Dasta…
Rise of unemployment by 2050 is an alarm for MSMEs: Study
As many as 550 jobs have disappeared every day in last four years and if this trend continues, employment would shrink by 7 million by 2050 in the country, a study has claimed. Farmers, petty retail vendors, contract labourers and construction workers are the most vulnerable sections facing never…
Cloud computing will help SME growth in India, over-regulation may hurt growth
Crashed servers, corrupted files, missing emails There is no dearth of issues that give nightmares to India’s SME businesses. Though India has around 47 million small businesses, only one percent are online mainly because of the huger upfront initial investment required to setup the IT infrastruc…
Smriti Irani’s sales pitch: Brand Indian silk to get more buyers
Union Textiles Minister Smriti Irani emphasised on the urgent need for branding Indian silk both at home and abroad so that its products find more overseas buyers and yield better value realisation. The Minister was speaking at the inauguration of the 5th India International Silk Fair being held …
T-Hub launches initiative to connect global start-up ecosystems to India
T-Hub, one of India’s largest startup ecosystem builder, in partnership with Uber and TiE Silicon Valley has announced the launch of T-Bridge — a unique initiative to connect startup ecosystems from around the world to India. The programme will connect Indian startups with global market opportuni…
Boman Irani turns angel; invests in social platform Rooter
Mumbai: Versatile Bollywood actor Boman Irani has come on board as an angel investor for Rooter, a first of its kind social platform that connects sports fans and engages them during live sporting events. Irani has invested an undisclosed amount in the angel investment round enabled by Kwan Enter…
Modi to launch SC/ST hub in Ludhiana
Prime Minister Narendra Modi will launch National SC/ST Hub during his visit to the industrial city on October 18, Union Minister Giriraj Singh said here. “The objective of the SC/ST Hub is to provide professional support to entrepreneurs from the SC/ST and to promote enterprise culture and…
Bengal govt. drafting export strategy for MSEs in textile sector
In its endeavour to promote various products including engineering and textile in the international market, the Bengal government is in the process of drafting a comprehensive export strategy for the Micro and Small scale Enterprises (MSEs) in the textile sector. The main purpose is to create dem…
Start-ups tie-up with newspaper delivery boys, milkman to ensure better service
Chennai: Need an odd-jobs boy to ensure your newspaper, milk, water cans, ironed clothes, groceries, meat at your doorstep by 6 am everyday? A host of mobile apps like Daily Ninja, Morning Cart and Raincan are now stepping up to run your errands. Currently, in India daily services like delivery o…