The unorganised sector in India will be the worst hit by the November demonetisation of high value currency, while lots of industries in the organised sector would be impacted by the shortage of cash required to run business, a market analyst said. “The unorganised sector is expected to bea…
Tag: India
Kalraj discusses access to finance for MSMEs with South Africa
Union MSME Minister Kalraj Mishra discussed issues regarding access to finance and other support mechanisms for Micro, Small and Medium Enterprises with South Africa’s Minister for Small Business Development Lindiwe Zulu here. The Minister also highlighted government’s initiatives lik…
India asks China to address trade imbalance
India has asked China to address the burgeoning trade imbalance while making a strong pitch for Chinese investments in its micro, small and medium enterprises (MSME) sector, specially in fields like IT, digital, mobile components and automobile ancillaries. “India’s MSME sector is poised fo…
India cottoning on to ending cotton ties with Pak
India’s $782-million worth of cotton exports to Pakistan is likely to come to a halt, with exporters keen to divert shipment to other cotton scarce countries, following talks of withdrawal of the Most Favoured Nation (MFN) status to its neighbour. India had granted MFN status to Pakistan in 1996 …
“Make in India” campaign: A big challenge to China
China’s manufacturing sector has been shaken by Make in India campaign. The news has been broken by the state-run Chinese daily Global Times. The newspaper said on September 20 that Chinese companies might have to move their production to India mainly because of the competition from the Indian co…
Amazon expands network to 12,500 local stores, retail outlets
In preparation for the festive season sales, Amazon India has expanded its last-mile delivery network to 12,500 local stores and retail outlets in 50 cities to address both express and regular deliveries within a radius of 2km to 4km. Amazon’s delivery network, which started as a pilot prog…
India to sustain 8-10% growth rate for next few years: Subramanian
Despite registering the slowest growth rate in the last six quarters in April-June period, India has the potential to sustain 8 to 10 per cent growth rate during the next two to three years, said Arvind Subramanian, Chief Economic Advisor. “First quarter GDP growth number came out yesterday. GDP …
Tata communications expects 40% growth in cloud biz, to build infra
Eyeing 40 per cent annual growth in cloud operations, Tata Communications is planning to set up necessary storage infrastructure in countries of operations to win over local business by addressing its concerns on overseas data storage. “Data sovereignty is going to be more critical and the …
Co-Bots next big thing for MSMEs
Micro, Small and Medium Enterprises (MSME) and startups in India could well see a revolution in the way they do business. Collaborative robots, or co-bots in short, according to Pradeep David, General Manager, Universal Robots, India are being promoting to assist in sustaining the Make in India i…
BRICS meet in Agra to discuss pacts on MSME, services
BRICS countries – Brazil, Russia, India, China and South Africa – will try to thrash out an agreement on cooperation amongst Micro, Small, and Medium Enterprises (MSMEs) and a pact on services, including facilitation of business visas, in a meeting of senior officials in Agra this week. “Official…