On an average it takes six weeks and $10,000 to create a motion picture promotional video. What if you could create a video every 15 minutes at a fraction of the cost? This was one of the many innovative ideas presented at the recently concluded Target Accelerator Program’s Demo Day in Bangalore …
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MSMEs are capable of pushing the country’s development: Centre
Emphasising on the need to give push to Micro, Small and Medium Enterprises (MSMEs), the Centre on October 6 said the sector is capable of providing new dimension and push to country’s development. “Since the MSME sector is capable to provide new dimension and push the country’…
Make in India – Sell in America (MISA) program unlocks billion dollar opportunity for Indian SMEs
First- of- its kind program supports Indian SMEs to sell directly to US customers; SME MaXX to partner with state governments and trade associations to offer the program to SMEs across India. Implementation will boost SME exports; contribute to India’s GDP and employment generation. Million…
SMEs’ ability to pay back goes up
In a big boost to emerging entrepreneurs and start-ups, the RBI on October 4, announced its decision allowing start-ups to raise External Commercial Borrowings (ECBs) up to $3 million or equivalent per annum. Entrepreneurs look at ECBs as a competitive source of finance as compared to domestic fu…
Sweden promotes innovation through Make in India initiative
Sweden is celebrating its tenth edition of The Sweden India Nobel Memorial Week 2016 in India between October 1 -7 with an eye on celebrating innovation which Alfred Nobel promoted and contributing to Modi government’s focus on creating innovation hub in this country. The annual high-profile exer…
India needs to learn from the mistakes of advanced economies: WEF Chief Economist
Jennifer Blanke, Chief Economist, World Economic Forum, has written and lectured extensively on issues related to national competitiveness. A PhD in international economics, Blanke has served as lead editor on a number of regional and topical reports related to economic growth and development. Sh…
India’s FMCG sector to reach $104 bn by 2020: Study
India’s market for Fast Moving Consumer Goods (FMCG) is expected to more than double to $104 billion by 2020 from the present level of $49 billion, a research report said on October 5. According to the Assocham-TechSci Research report, steady economic growth, rising share of organised retai…
We need to promote Indian entrepreneurship in global electrical industry: Piyush Goyal
Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, said that Indian entrepreneurship needs to be promoted in global electrical industry. While speaking at Light India Exhibition 2016, Goyal said, “We welcome technology from all around the world but a…
Hong Kong, India partnership a win-win for SMEs
Small and Medium-sized Enterprises in Hong Kong and India are to benefit from a Memorandum of Understanding (MoU) signed between the Hong Kong Trade Development Council (HKTDC) and the India Trade Promotion Organisation (ITPO). “This MoU reflects the growing desire for deeper business links…
The little drone start-up beating Amazon, Google in the home delivery race
Seattle: More than two years ago, Amazon Chief Executive Officer Jeff Bezos spoke on 60 Minutes about delivering goods to homes with unmanned aircraft, or drones. But a little start-up near Reno, Nevada, beat Amazon to the punch. The company, called Flirtey, in July made its first household deliv…