RBI’s move to absorb excess liquidity by ordering the banks to temporarily place their cash deposits in the CRR window has led to a dip for Indian bonds and banking stocks on November 28. Going forward there will be good availability of liquidity and digitisation of the banking sector will …
Tag: SMEs
India to invest in Zimbabwe’s SMEs to boost trade
The Indian government is set to invest in Zimbabwe’s small-to-medium enterprises (SMEs) to boost trade between the two countries, which has been skewed in favour of the Asian giant. So far, trade between Zimbabwe and India is $133 million. Last year, the figure was $132,37m. Indian ambassador to …
Currency Switch Impact | SME sector to benefit as banks will lend more
The government has managed to cut down the transportation time of cash from printing to the main distribution centres from 21 days to six and is using all modes of transport, including helicopters and Indian Air Force planes, to move the cash quickly. The government is hopeful that the situation …
Technology is a growth catalyst for SMEs say tech honchos
Small and Medium Enterprises (SME) often stay away from investing in technology due to the fear of high investments, and thus something that can give them a competitive advantage turns into the last priority. In an interactive panel discussion, panelists at the Surge conference in Pune discussed …
Achhe Din: SMEs now get a new life via services
The focus has invariably been on the manufacturing space among SMEs since the government took it upon itself to increase its share in the economic pie. Since it announced its flagship programme Make in India to boost manufacturing in India, the sector has seen a renewed interest among stakeholder…
Make in India eyes bigger role for MSMEs, but the sector sounds alert
At a time when the government’s Make-in-India initiative envisages a bigger role for MSMEs, a caution has been sounded: Contribution of manufacturing MSMEs in the GDP and total manufacturing output has decreased steadily in the recent past from 7.7% to 7% and from 42.2% to 37.3%, respectively, du…
Why e-Commerce is a unique solution to connect SMEs in today’s technologically advanced world
Small and Medium Enterprises has been the backbone of the Indian economy since quite a while. It has stepped out in a totally new era of development after the Digital India launch by PM Narendra Modi. At present SMEs are contributing almost 37.54 percent to the economy as a sector and it also pro…
Digital India has opened a new window for growth: HP India, MD Rajiv Srivastava
HP India, the leader in personal computers and printers in the country, ventured into the service solutions business nine months ago. Rajiv Srivastava, Managing Director of the technology-products major, reveals the reason for HP’s new endeavour. Edited excerpts: Q: What is your assessment of the…
“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…
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 …