Insights

PM SVANidhi Empowers Over 53 Lakh Street Vendors

Opportunity India Desk Oct 31, 2023 - 3 min read

A recent analysis conducted by the State Bank of India's economic research department (ERD) showed that 43 per cent of the PM SVANidhi scheme beneficiaries are women, indicating its positive influence on empowering entrepreneurial capabilities among urban women. Also, the study underscores that approximately 75 per cent of the loan recipients fall outside ...

Share
MSEs Get 6-Month Breather As Govt Rolls Out Quality Norms For Copper Products

Opportunity India Desk Oct 30, 2023 - 3 min read

The Ministry of Commerce, by notifying Quality Control Orders (QCOs) for copper products, drums, and tin containers, has extended the timelines for micro and small enterprises. An additional six months and three months have been provided for the implementation of QCOs for the respective sectors. The QCOs will become effective six months from ...

Share
Greaves Cotton Pays INR 124 Crore Penalty To Heavy Industry Ministry

Opportunity India Desk Oct 30, 2023 - 3 min read

Greaves Cotton has announced that it has paid INR 124 crore penalty to the Ministry of Heavy Industries (MHI) along with the accrued interest. This comes as a response to the letter written to Greaves Cotton by MHI on May 25, proposing to deregister Greaves Cotton from FAME India Scheme Phase II as it failed to adhere ...

Share
New Policy Helped Govt Achieve EV Subsidy Target: Haryana Dy CM

Opportunity India Desk Oct 30, 2023 - 5 min read

The state policies have helped industrialists to establish ground for companies in sectors that have no relation with the state such as Aero-defence, Haryana Deputy Chief Minister Dushyant Chautala had said. The minister also said that the state government managed to meet the target of subsidising electric vehicles after it launched ...

Share
MSMEs Cross 3 Crore Registration Milestone On Udyam Portal

Opportunity India Desk Oct 30, 2023 - 3 min read

Within three years and four months since its launch, the government's online registration portal for MSMEs has achieved a significant milestone by surpassing three crore registrations. The Udyam platform currently records more than three crore registered enterprises, which includes 96.72 lakh non-GST small businesses registered on the Udyam Assist platform as of October ...

Share
Post 5G Success, India To Pioneer In 6G Technology: PM

Opportunity India Desk Oct 27, 2023 - 3 min read

Prime Minister Narendra Modi on Friday announced that India saw the fastest deployment of 5G technology last year and is currently working on becoming a leader in 6G technology. Underling the fast pace of technology, the prime minister said, “The future is here and now. India is not only expanding the 5G network ...

Share
Are Metal-Air Battery Technology A ‘Saviour’ In EV Market?

Opportunity India Desk Oct 27, 2023 - 7 min read

India has found ample amount of lithium in various States and UT that is needed to be mined. However, the mining and extracting lithium for the use of making batteries to power electric vehicles will take around 16 to 17 years, as per Gaurav Joshi, Deputy Secretary, Ministry of Heavy Industries.

Share
PM Awards 100 ‘5G Use Case Labs’ To Educational Institutions

Opportunity India Desk Oct 27, 2023 - 4 min read

Prime Minsiter Narendra Modi on Friday awarded 100 ‘5G Use Case Labs’ to educational institutions across the country and inaugurated the 7th Edition of the India Mobile Congress 2023 at Bharat Mandapam in New Delhi. India Mobile Congress (IMC) is the largest telecom, media, and technology forum in Asia to be ...

Share
FICCI FLO to Establish Support Centres for Women-led MSMEs

Opportunity India Desk Oct 27, 2023 - 3 min read

The Ministry of Micro, Small and Medium Enterprises (MSME) has extended its support to the Federation of Indian Chambers of Commerce & Industry’s (FICCI) Ladies Organisation (FLO) to establish MSME support centers across several regions, including Pune. During the announcement, Narayan Rane, the Union Minister of MSME, also emphasized the potential of advanced ...

Share
Revamp Moto Launches Hustler Remo, First EV Brand Mascot Across Platforms

Opportunity India Desk Oct 27, 2023 - 3 min read

Revamp Moto, a two wheeler EV manufacturer on Friday unveiled its modular utility platform ‘Hustler Romo’ to bring ease to micro-entrepreneurs, as its empowerment companion and India’s first mascot across all EV platforms, the company said. Emphasising on the principle of empowering micro-entrepreneurs Remo has been conceptualised to be seen ...

Share