India and the United Arab Emirates (UAE) on February 10 emphasised on the need for cooperation between the two countries in the fields of investment, innovation and Small and Medium Enterprises (SMEs). UAE Minister of Economy Sultan Al Mansoori called on Union Finance Minister Arun Jaitley, where…
Tag: SMEs
Over 200 SMEs showcase products at Kochi B2B meet
Manufacturers in Kerala should come out with more value-added products if they want to compete in the global market, Minister for Public Works VK Ebrahim Kunju has said. Inaugurating the three-day Kerala Business-to-Business Meet 2016 at the CIAL Trade Fair & Exhibition Centre in Nedumbassery…
Auto Expo – The Component show from February 4 to 7
As part Auto Expo, Component show will be held in Pragati Maidan here from February 4-7. This will showcase several new auto components developed in the country. Auto component SMEs are one of the fastest growing within SMEs Spread over 80,000 sq mts in 18 halls, this year the expo will see parti…
Buyers from 31 countries to attend Kerala B2B Meet 2016
Delegates from 31 countries, including the United States, China and Singapore, will take part in the Kerala Business-to-Business Meet 2016 to be held at the CIAL Trade Fair & Exhibition Center in Nedumbassery from February 4 to 6. “Around 100 buyers from foreign countries and nearly 350 buyer…
SMEs call for enabling policy to empower e-commerce sector
Small and Medium Enterprises (SMEs) have asked the government to form a friendly policy to liberalise the e-commerce sector. These retailers, who are selling products on e-commerce platforms, want government to treat their virtual shops as technology platform. Recently in a letter to Commerce and…
Lenovo offers launch-pad for SMEs in India
Technology major Lenovo has launched two models, under its ThinkServer brand, in India for SMEs. With ThinkServer TS140 and ThinkServer RD450, an entry level tower server and a two unit rack server respectively, Lenovo has expanded its portfolio into Enterprise Business Group (EBG) server range. …
Goodbox acquires SmartPocket to make SMEs e-commerce ready
Bangalore-headquartered Goodbox, a conversational m-commerce company enabling SMEs to become e-commerce ready, has now acquired SmartPocket for an undisclosed amount. Significantly, Goodbox had recently announced its Series A funding of $2.5 million from marquee investor Nexus Venture Partners. S…
MSME Employment generation grew at 73 per cent during 2009 – 15 | CRISIL Study
An analysis of about 5,500 Micro, Small and Medium Enterprises (MSMEs) which are engaged in manufacturing activity and which approached CRISIL for renewal rating between 2009 and 2015 shows that employment generated by these units grew at 73 per cent over these seven years. In 2009, the MSMEs pro…
Get rated to be banked | Varun Mirchandani, Executive Director, Onicra
“55% of registered MSMEs can tap into Rupees 5,50,00 crore fund post rating” More than half of India’s unbanked registered Small and Medium Enterprises can avail of first time credit should they get themselves rated, said Varun Mirchandani, Executive Director, Onicra Credit Rating, one of India’s…
Opportunities in defense are huge for the SME sector | Rajbikram S Nayar, CMD, Deco-Nayar
India has suffered numerous terrorist attacks, which resulted in significant loss of life and the disruption to a thriving economy. With growing urbanization and half the country’s population expected to live in cities, there is need to secure urban infrastructure against acts of terror. India re…