Insights

Government Proposes Eight New Measures In Support For Promotion Of MSMEs

Opportunity India Desk Jul 23, 2024 - 7 min read

As anticipated, the government has announced an all-round and continuous support to strengthen the backbone of the Indian economy, the Micro, Small and Medium Enterprises (MSMEs) sector on Tuesday during its budget presentation for FY 2024-25. From Credit Guarantee to increased MUDRA loan to stress fund and new SIDBI branches in MSME clusters, Union Finance ...

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What Franchisors and the SME Industry Expect from Budget 2024

Beny Sachdeva Jul 22, 2024 - 5 min read

As we delve into the key expectations and demands of the industry experts. Access to affordable credit remains a top priority for both franchisors and SMEs. Industry stakeholders are looking forward to: Lower Interest Rates: Reducing borrowing costs can help businesses invest in expansion and innovation. Simplified Loan Procedures: Streamlined and transparent loan processes ...

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Recognized Start-Ups Cross 1.25 Lakh: Economic Survey

Opportunity India Desk Jul 22, 2024 - 5 min read

The country has moved to knowledge and innovation backed economic growth on the back of rapid rise in patents and start-ups. The Economic Survey 2023-24, tabled today by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman at the Parliament presents a strong case for a holistic innovation driven industrial ecosystem. The Survey notes that ...

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Share of MSME In Manufacturing Output Stands At 35.4 Per Cent: Economic Survey

Opportunity India Desk Jul 22, 2024 - 6 min read

Production linked incentive (PLI) Scheme for 14 key sectors gives fillip to MSMEs, states would be encouraged to set up unity mall to promote one district one product (ODOP), says the Economic Survey 2024 tabled by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament today The Gross Value Added (GVA) per ...

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From Passion to Profit: Start Your Art Business with the French brand La Petite Academie

Beny Sachdeva Jul 18, 2024 - 3 min read

For more than 25 years, La Petite Academie has been a beacon of artistic development and culture. Their unique pedagogy opens up the world of art to budding artists in a fun, engaging, and refined manner. Under the visionary leadership of Nathalie Virot, the creator Of La Petite Academie, they have nurtured a vibrant artistic ...

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Strategies for Successful Franchise Management in High Stakes Hotel Market

Parina Sood, TFW Bureau Jul 18, 2024 - 8 min read

The Indian Hotel market is expected to witness a rise in revenue with a projected value of US $9.13bn by the end of 2024.The market is expected to exhibit an impressive annual growth rate of 5.41% (CAGR 2024-2028), contributing to a market volume of US $11.27bn by 2028, according to a Statista report. The steady ...

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India Needs To Move To EV Rapidly: DR. Jhunjhunwala

Opportunity India Desk Jul 18, 2024 - 7 min read

India is strongly emerging as the global leader for development, growth and production of electric vehicles (EVs). Tamil Nadu, one of the key southern States of India, is playing major role on product development and manufacturing front. At the same time, one of the oldest and most famous technology institutes of India, IIT-Madras (IITM) has ...

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We Are Making Tamil Nadu The Best EV Investment Destination In Country: V. Vishnu

Opportunity India Desk Jul 15, 2024 - 12 min read

Tamil Nadu has emerged as one of the most favoured investment destinations for not only the domestic, but also the global E-mobility companies during recent years. The ride-hailing company Ola has come up with its largest EV two-wheeler manufacturing facility, while companies like Tata, Hyundai and Vinfast have planned to pour in Billions of dollars ...

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Powering The Future: How Enhanced EV Charging Options Are Shaping Eco-Friendly Urban Landscapes

Opportunity India Desk Jul 10, 2024 - 5 min read

In the era of rising environmental concerns and escalating fuel prices, the push for electric vehicles (EVs) as a cornerstone of sustainable urban planning is more potent than ever. Cities worldwide are rethinking infrastructure, aiming not only to accommodate but to encourage the widespread adoption of EVs. This transformation, led by the expansion of EV ...

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WEP and TransUnion CIBIL Partner to Launch SEHER, Empower Women Entrepreneurs

Opportunity India Desk Jul 08, 2024 - 5 min read

The Women Entrepreneurship Platform (WEP) has partnered with the TransUnion CIBIL to launch SEHER, a credit education program last week. SEHER will empower women entrepreneurs in India with financial literacy content and business skills, helping them to access the financial tools they need to drive further growth and create employment in the country’s ...

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