There is no discussion or deliberation required on the importance or efficacy of branding and how it enables build competitive advantage. While the significance of the SME sector to India’s economic growth and prosperity is well established; the inherent benefits of branding is one area that Indi…
Tag: SME
7 SME IPOs to list on NSE
It’s raining IPOs on the SME segment of India’s bourses — the NSE and the BSE. On September 30, seven IPOs on the NSE and five on the BSE are opening for subscription. The issue sizes on the NSE range from ₹3.86 crore to ₹14.80 crore. These SMEs are based out of cities such as […]
…
G7CR launches custom solutions for SME automation
Bangalore-based start-up G7CR Technologies has announced the launch of a business enablement and automation program for SMEs. Leveraging Microsoft’s Azure cloud platform, G7CR would provide software development, migration, adaption, implementation and support for SMEs, while the client woul…
TN needs to create robust environment for start-ups: Report
It is need of the hour for the Government of Tamil Nadu to create a favourable environment for start-ups, a report has said. “Business transformations are driven by digital advancements, introducing disruptive products and services for enhancing customer experiences. India has witnessed a s…
CPSUs need steps to meet 20% procurement target from MSMEs: LUB
Industry body Laghu Udyog Bharti (LUB) said that Central Public Sectors Units (CPSUs) need to take measures towards achieving the target of 20 per cent procurements from MSMEs. “So far 43 CPSUs out of a total of 277 CPSUs have achieved the target of 20 per cent.” Hitendra Joshi, Presi…
The shoddy state of start-up incubators in India
On January 16, 2016, Prime Minister Narendra Modi concluded the Start-up India conference in New Delhi, with an action plan for how to promote entrepreneurship and young enterprises in the country. Now, more than the start-ups, it is the ecosystem that badly needs our attention today. If we want …
Will Reliance Jio revolutionise the start-up & SME sector in India?
One has to only log on to Twitter or drive past a Reliance store to get a sense of the excitement generated by the Reliance Jio launch. At one point, it seemed to be the only thing Indians were talking about. The promise of fast, affordable Internet access really seems to have struck a chord with…
B2B e-Commerce platforms reduce inventory costs by 40% for SMEs
B2B e-commerce platforms inventory management services is gaining popularity among small and medium enterprises (SMEs). This has resulted in reducing inventory costs by 40 per cent for SMEs. SMEs who would earlier procure raw material from various sources and stock it for one month to three month…
Interest of small businesses protected: GST Panel Chief Amit Mitra
With the Centre and states agreeing to keep traders with turnover of up to Rs 20 lakh out of the GST ambit, interest of small traders has been protected, West Bengal Finance Minister Amit Mitra said on September 23. Hailing the decisions reached at the first meeting of GST Council, he said more t…
Happy times @ SMEs’: Govt. notifies framework for 4.74 lakh units revival
Micro, Small and Medium Enterprises (MSMEs) sector is in a decline as number of sick MSME units is on the rise in the country for past few years. The government blames it on economic slowdown. “Number of sick MSMEs in the country at the end of March 2013, March 2014, and March 2015 was 2.22, [&he…