Opportunity India Desk

In order to attract both domestic and global industries for the manufacturing of electric vehicles in India, central government has taken various steps and launched variety of schemes to help the manufacturer. Minister Of Heavy Industries Mahendra Nath Pandey informed Lok Sabha that government has approved the Production Linked Incentive (PLI) Scheme for ...

The Jocata-Sumpoorn index, a key indicator of sales activity for credit-seeking micro, small, and medium enterprises (MSMEs), surged to 0.62 in October, signaling a shift from the mild expansion zone, observed over the past five months, to moderate. The rising index suggests a potential breakthrough towards robust growth in the coming months.

With the removal of ‘retaliatory import duty’ on US apples, India has witnessed a surge in the import of American apples, with 40-fold increase over the past three months. During the 2017-18 period, US apple imports reached a record high of over 7 million boxes but experienced a significant decline to just 50,000 ...

IREDA Chairman and Managing Director Pradip Kumar Das has announced the adoption of a dual financing strategy to enhance the role of micro, small, and medium enterprises (MSMEs) in the transition to renewable energy. Emphasizing the economic and environmental contributions of MSMEs, Das reiterated Indian Renewable Energy Development Agency’s (IREDA) dedication to promoting ...

The Government's open e-commerce network, ONDC, is actively collaborating with the MSME Ministry to facilitate the onboarding of micro, small, and medium enterprises (MSMEs), said Union Minister of State for Commerce and Industry Som Parkash. The initiative involves utilizing existing seller applications and integrating with MSME Global Mart, a business-to-business portal ...

The Department for Promotion of Industry and Internal Trade (DPIIT) recently held a meeting with World Bank and showcased ongoing initiatives and forthcoming reforms aimed at elevating India's logistics efficiency. Sumita Dawra, Special Secretary (Logistics), DPIIT, said, “The primary focus of the meeting was to unveil a collaborative action plan shared by ...