Footwear

Great Eastern to add 10 Retail outlets to implement Rs 115 cr expansion strategy

Opportunity India Desk Aug 03, 2018 - 1 min read

Largest consumer electronics retail chain in the eastern region of the country, Great Eastern has planned to establish ten new stores this fiscal in smaller markets, as the company had announced its Rs 115 crore expansion strategy last year. Great Eastern Retail director Pulkit Baid said, “The company currently has 55 stores in West Bengal, ...

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Arun Jaitley launches portal to grant MSME loans within 59 minutes

Opportunity India Desk Sep 27, 2018 - 1 min read

Finance Minister Arun Jaitley has launched a new portal to fast-track loans for micro, small and medium enterprises (MSMEs). Through the newly launched platform, MSME can get principal approvals for loans up to Rs 1 crore within 59 minutes. For being eligible for speedier loan sanctions, Businesses need to submit GST and income tax details, ...

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'The Moms Co.' expands its retail presence by introducing in Bengaluru

Opportunity India Desk Nov 19, 2018 - 2 min read

India's leading toxin-free personal care start-up catering to pre and post-natal care, The Moms Co. has announced the launch of their brand new stores across Bengaluru. The launch follows close on the heels of the brand partnering with Cloudnine Group of Hospitals, India's leading chain of maternity, childcare, and fertility group of hospitals in India. ...

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Yes Madam to take Franchise route for retail expansion

Opportunity India Desk Apr 08, 2019 - 2 min read

Yes Madam, one of the leading Salon at Home brands in India, is looking to strengthen its foothold in the online beauty grooming market in India and come up with 100 franchises across the country by 2020. The Noida-based firm is looking to scale up its domestic operations in north-western India before expanding to other ...

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BSE Joins Hand With All India MSME Association To Promote Listing Of MSMEs

Opportunity India Desk Nov 17, 2021 - 2 min read

India’s first and biggest security market, the Bombay Stock Exchange recently joined hands with the All India Association of Micro, Small and Medium Enterprises to foster the MSMEs and start-ups listing. The exchange stated that this covenant will aid in evaluating Micro, Small and Medium Enterprises and start-ups for listing on the exchange's SME platform ...

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SIDBI Joins Hands With Google To Help MSMEs

Opportunity India Desk Nov 18, 2021 - 2 min read

Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has entered into collaboration with Google for having a social impact lending programme with financial assistance up to Rs. 100 lakh at competitive interest rates targeted at micro enterprises. This ...

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Delayed Payments From Buyers Weaken the MSME Suppliers and Impede Their Growth, Says Narayan Rane

Opportunity India Desk Jun 23, 2022 - 4 min read

The minister of Micro Small and Medium Enterprises, Narayan Rane, has been presented with India’s first comprehensive report on delayed payments to MSMEs. The report uncovers the issue of delayed payments and looks into the impact of this practice on the MSMEs’ survival and growth, supply chains and the overall economy. The report titled, ‘Payment ...

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37 PC Drop In MSMEs Benefitting Under INR 20,000-cr Subordinate Debt Scheme

Opportunity India Desk Jul 19, 2022 - 3 min read

Union Minister of State for Finance Bhagwat Karad said that the beneficiary count has dropped 37 per cent from a mere 473 in the financial year 2020-21 to 298 in FY22 as the INR 20,000 crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) launched in 2020 is yet to attract a sizeable number of potential ...

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MSME Ministry Announces Onboarding of One Crore Small Busineses on Udyam Portal

Opportunity India Desk Aug 03, 2022 - 3 min read

  The Ministry of Micro, Small and Medium Enterprises announced that its Udyam Portal has registered more than one Cr businesses so far. The Udyam Registration Portal was introduced on July 1, 2020, following the acceptance of the updated definition of Micro, Small, and Medium Enterprises (MSMEs) on June 26, 2020, which is based on ...

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Over 1.5 Lakh Kiranas Opted For MSME Registration Since Inclusion Of Wholesale, Retail Trades

Opportunity India Desk Aug 08, 2022 - 3 min read

Over 1.5 lakh kirana stores in the country have opted to become an MSME through Udyam registration since the government revised MSME guidelines last year, Minister of State for MSMEs Bhanu Pratap Singh Verma said. Former MSME Minister Nitin Gadkari in July 2021 had announced the inclusion of retail and wholesale trades under the MSME ...

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