Footwear

The Significance of MSMEs in India's Economic Development

Opportunity India Desk Oct 04, 2024 - 6 min read

National Manufacturing Day is celebrated every year to recognize the contribution of the manufacturing sector to the country's industrial development and economic prosperity. On this occasion, special attention is given to the role of Micro, Small, and Medium Enterprises (MSMEs), as these enterprises are considered the foundation of India's industrial and economic structure.The importance of ...

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Arka Fincap Launches 'Uday' Loan Product to Support MSMEs in India

Opportunity India Desk Oct 07, 2024 - 3 min read

Arka Fincap Limited, part of the Kirloskar Group, is excited to launch a new loan product called ‘Uday.’ This product is designed to help small and medium-sized enterprises (MSMEs) in India by providing loans against property. The loans will be available for amounts between ₹10 lakh and ₹30 lakh, making it easier for business owners ...

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Financial Strategies for SMEs in Clean Energy

Opportunity India Desk Oct 08, 2024 - 4 min read

Small and medium enterprises (SMEs) in India are a vital part of the country's economy. These enterprises not only provide employment but also play a significant role in economic development and innovation. Adopting clean energy technology can be beneficial for these enterprises, but it requires appropriate financial measures. Accelerated Money For U, Founder and Managing ...

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Green Hydrogen: The Next Economic Revolution - Arpit Sharma

Opportunity India Desk Oct 22, 2024 - 3 min read

Skill Council for Green Jobs (SCGJ) is one of the recent initiatives launched by the Government of India, aligned with the National Skill Development Mission. It is promoted by the Ministry of New and Renewable Energy (MNRE) and the Confederation of Indian Industry (CII). The establishment of the SCGJ was approved in the 10th meeting ...

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Empowering Growth: How TANSTIA is Revolutionizing Tamil Nadu's MSME Landscape

Opportunity India Desk Oct 28, 2024 - 5 min read

The Tamil Nadu Small and Tiny Industries Association (TANSTIA) has implemented several significant initiatives to promote the growth and sustainability of MSMEs in the state. One such initiative is training and skill development, where TANSTIA has collaborated with the Tamil Nadu Skill Development Corporation to identify sectors with high employment potential. Under this initiative, the ...

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SIDBI ‘Srijan’ & ‘GIFT’: Fueling MSME Innovation

Opportunity India Desk Oct 29, 2024 - 3 min read

SIDBI is taking several important steps to promote new innovations for MSMEs. First, through the "Srijan" program, MSMEs and startups receive support in developing new technologies. This program provides funding at concessional rates through technical and financial assessments, helping enterprises turn their ideas into reality. Additionally, SIDBI has collaborated with TIFAC to simplify the technical ...

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Profectus Capital and IFC Join Forces to Boost EE in India MSME Sector

Opportunity India Desk Nov 08, 2024 - 2 min read

Profectus Capital, a non-banking financial company that supports MSMEs, secured $25 million (approximately ₹205 crore) through non-convertible debentures (NCDs) issued to the International Finance Corporation (IFC), a World Bank Group. This milestone represents IFC’s inaugural investment in financing energy-efficient (EE) machinery specifically for MSMEs in India. The fund obtained, dubbed green bonds, would be used ...

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Chubu Electric Increases OMC Power Investment for 100 MW Renewable Projects

Opportunity India Desk Nov 14, 2024 - 2 min read

Chubu Electric, a prominent global provider of electrical engineering solutions, has announced an expanded investment in OMC Power, which will advance 100 MW of energy transition projects while also strengthening OMC's market presence in India and South Africa. According to Chubu Electric, this investment would strengthen the company's collaboration with OMC by promoting scalable renewable ...

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Bata India Partners with Zepto for footwear delivery

TFW Bureau Dec 19, 2024 - 2 min read

In an innovative step to address the modern shopper’s growing demand for convenience, Bata India has joined forces with Zepto, a prominent quick commerce platform, to offer rapid delivery of its fashion and festive footwear collections. The partnership taps into the expanding Quick Commerce market, which is growing at a CAGR of over 4.5 percent, catering ...

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