Fashion & Retail
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Opportunity India Desk Aug 18, 2023 - 3 min readIn the backdrop of increasing retail leasing in India, and recognising the immense potential of the consumer market in the country, many foreign brands are set to enter India, CBRE South Asia said in a statement. According to the official data, India witnessed 24 per cent year on year (YoY) growth in retail ...
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Opportunity India Desk Jul 31, 2023 - 2 min readThe Indian footwear and leather industry provides employment to around 4.5 million people of which 40 per cent are women, Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal said in New Delhi on Monday. Addressing as a Chief Guest at India International Footwear Fair 2023 (IIFF), the ...
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Opportunity India Desk Jul 20, 2023 - 3 min readWe are always consulting with the industry so that we know what the pulse is and how best we can tweak our policies to make it more accessible to the entrepreneurs for benefits that the government desires to give, Mercy Epao, Join Secy, MSME said. She urged all the entrepreneurs to follow the MSME Ministry ...
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Opportunity India Desk Jul 04, 2023 - 2 min readE-Commerce platform Amazon will emerge as strongest enabler to these Micro Small and Medium Enterprises (MSME) due to its scale, a report by InGovern Research, a proxy advisory firm said. “We predict that Amazon will emerge as the strogest enabler to these MSME due to its scale. While ONDC continues to take tiny steps, it ...
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Opportunity India Desk Jun 28, 2023 - 6 min readCarpet manufacturing in India is among the oldest industries and probably dates back thousands of years to when carpets existed. Hand-made carpets have been a part of the local industries in states like Jammu and Kashmir and Uttar Pradesh’s districts of Bhadoi and Mirzapur. If we look at the current condition of the market, there ...
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Opportunity India Desk Jun 27, 2023 - 4 min readDeputy Chief Minister of Haryana on Tuesday said that the state will be allocating INR 100 crores in their upcoming budget as a part of new innovative incentives, setting up incubation centres, and assistance for loans, all aimed at fostering balanced regional development and nurturing entrepreneurship among youth. Addressing the 3rd ASSOCHAM Haryana MSME Samvaad, ...
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Opportunity India Desk Jun 27, 2023 - 5 min readThe Micro, Small, and Medium enterprises (MSME) sector is the most crucial sector for a country like India, as it is a major contributor to the country's socioeconomic development. MSMEs have played an essential role in providing employment opportunities and are the second largest employment-generating sector after agriculture. The sector contributes around 33 per cent ...
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Opportunity India Desk Mar 13, 2023 - 2 min readUnion Minister for MSME Narayan Rane on March 10 launched the MSME Competitive (LEAN) Scheme and said that LEAN has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India. He added that LEAN will not only attempt to improve quality, productivity ...
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Opportunity India Desk Feb 22, 2023 - 2 min readThe MSME Ministry has said that the Khadi and Village industries’ growth rate is expected to decline in Financial Year 2023 with turnover growth to be 13.8 per cent, down from 20.54 per cent in Current Financial Year ending on March 31 (FY 2022-23). Presenting the FY23 annual report released, the ministry said Village industries ...
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Opportunity India Desk Jan 02, 2023 - 2 min readThe government said that delayed payment applications filed by micro and small enterprises (MSEs) against central public sector units and departments dropped 11.7 per cent to 31,192 in the calendar year 2022 from 35,347 in 2021. The amount involved in these applications also dropped by 9 per cent from INR 7,849 crore to INR 7,128 ...