Opportunity India Desk

The Federation of Indian Export Organisations (FIEO) has urged the central government to extend the benefits of the Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs till March 31, 2024. The exporters' body highlighted that certain MSME sectors are facing challenges because of reduced exports attributed to a global decline in demand.

India’s small businesses could unlock up to INR 1.6 trillion in annual productivity gains and generate around 45.9 million jobs in the fields of education, healthcare, and agriculture by 2030. This can be achieved by leveraging cloud-enabled services, a report has claimed. Approximately 28 per cent of businesses across India currently ...

The Education Ministry and the Ministry of Skill Development and Entrepreneurship (MSDE) have collaborated with IBM—international IT Company, and signed eight MoUs to provide curated courses to empower youth in India with future-ready skills. According to Union Minister of Education and Skill Development & Entrepreneurship Dharmendra Pradhan, ...

The Indian Navy will display a wide range of homegrown and niche technologies during its second edition of Naval Innovation and Indigenisation (NIIO) Seminar—'Swavlamban 2023' at the Bharat Mandapam on October 4–5. The seminar will showcase 75 new technologies including ultra endurance swarm drones, fire fighting systems, blue-green lasers for underwater ...

GreenCell Mobility – an electric bus operator has signed a green project finance loan agreement with Standard Chartered Bank for INR 1.25 billion to finance their E-Mobility project in Surat, the company said. Surat E-Mobility project consists of 150 electric buses represents the first-ever project finance transaction in India’s E-Mobility sector by a ...

In a significant move aimed at bolstering financial support for sellers registered on the Government e-Marketplace (GeM), the platform is gearing up to launch the second phase of its GeM Sahay initiative. This initiative is set to offer sellers access to loans, with coverage extending up to Rs 10 lakh. GeM CEO Prashant ...