“Smartphone penetration will have to increase for the channel to be adopted by small merchants”
…
Tag: digitisation
Here’s how to build a digital data driven smart factory & boost Make in India goals too
Digital technologies are transforming our world. We are seeing feverish adoption of mobile internet, cloud technology, digital payments, and digital identity—technologies that will define and develop a robust digital footprint. While some of the large businesses in India have been quick to transi…
Digitisation must for success of micro industries: Experts
MSMEs constitute over 80 per cent of the Indian retail sector, and, with proper training and guidance, they are capable of revolutionising the future of our country
…
Clean energy push will rescue global economy from falling into deceleration: Piyush Goyal
Power Minister Piyush Goyal today underlined the importance of quickening efforts to promote clean energy and reduce greenhouse gas emission failing which the global economy will slip into deceleration. The minister spoke of 3Ds — De-carbonisation, more decentralisation and greater digitisation. …
Centre signs MoUs with SAP India, Intel & HMT to skill industry-ready workforce
In a bid to skill industry-ready workforce and propel the growth of MSMEs through digital empowerment, Ministry of Micro, Small and Medium Enterprises has signed three separate Memorandums of Understanding (MoUs) with SAP India, Intel and HMT on the occasion of first UN MSME Day on June 27 in New…
Shopclues gives lessons to Varanasi weavers on online selling
E-commerce player Shopclues has joined hands with the state’s MSME Development Institute to impart training on online selling to traditional weavers and artisans here. At the Weaver Service Centre (WSC) here, the ShopClues team is encouraging weavers to register themselves on e-Commerce sites, wh…
How DIY App platforms are empowering small businesses
Rakesh Singhal, a small trader at Tripolia Bazaar in Jaipur, primarily dealt in Bandhani, Karchobi – raised zari metallic thread embroidery – and exotic bangles. Between October and March, the months when the weather in Jaipur is good and tourism is at all all-time high, the footfall in his store…
Services need to gear up for Industrial Revolution 4.0: Nirmala Sitharaman
Greater Noida: India’s services sector must gear up to take advantage of Industrial Revolution 4.0, which will create huge opportunities in high-tech manufacturing, Commerce Minister Nirmala Sitharaman said. Emphasising on the growing importance of services sector, she said India has also r…
Cisco eyes India as global export hub
New Delhi: Network equipment maker Cisco said it wants to make India a global export hub for its hardware products and is working with its global component making partners so that they too set up shop in the country to facilitate this plan. The $50-billion company, for whom India has been one of …
Note ban woes over, SME credit growth picks up
Small businesses which were hit the hardest during demonestisation are bouncing back smartly, at least if their demand for credit is anything to go by. Bankers say that unsecured business loans portfolio, which is a lifeline for these small business entities, is showing a 15-18% growth over the p…