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Opportunity India Desk Oct 31 2023 - 4 min readThe Prime Minister Vishwakarma Scheme, aimed at the upliftment of country’s artisans and craftspeople, has received more than 10 lakh applications in less than three months since its inception. The primary objective of the scheme was to revive the traditional art forms through skill development of artisans and craftsmen and involving modern technology ...
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Opportunity India Desk Oct 31 2023 - 3 min readPrivate equity giant Blackstone has taken control of a majority stake in CARE Hospitals, previously owned by Evercare, a division of TPG RISE funds. Additionally, CARE Hospitals has formalized an agreement to acquire a majority stake in KIMS Health. The strategic move is set to establish one of India's largest hospital networks, including ...
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Opportunity India Desk Oct 31 2023 - 3 min readEmobi Manufactury, a Bengaluru-based electric vehicle start-up has joined hands with Musashi Seimitsu, and Honda Power Pack Energy for its electric scooters, the company said in a statement. According to it, electric scooter is designed for performance, reliability and affordability, targeting a best-in-class vehicle towards last-mile delivery and bike taxi segments. ...
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Opportunity India Desk Oct 31 2023 - 7 min readIn the backdrop of adoption of electric vehicles in a large number, American multinational Honeywell has come up with lithium-ion battery safety sensors which can help in detecting potential battery fires. Speaking to Opportunity India, company’s spokesperson said that one of the main safety risks associated with the use of lithium-ion ...
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Opportunity India Desk Oct 31 2023 - 3 min readA recent analysis conducted by the State Bank of India's economic research department (ERD) showed that 43 per cent of the PM SVANidhi scheme beneficiaries are women, indicating its positive influence on empowering entrepreneurial capabilities among urban women. Also, the study underscores that approximately 75 per cent of the loan recipients fall outside ...
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Opportunity India Desk Oct 30 2023 - 3 min readThe Ministry of Commerce, by notifying Quality Control Orders (QCOs) for copper products, drums, and tin containers, has extended the timelines for micro and small enterprises. An additional six months and three months have been provided for the implementation of QCOs for the respective sectors. The QCOs will become effective six months from ...