MSME

MSME

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 ...

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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 ...

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MoHUA Procures INR 685 Crore Goods And Services On GeM In FY24 So Far

Opportunity India Desk Oct 25, 2023 - 3 min read

The Ministry of Housing and Urban Affairs has reported procurement of goods and services worth INR 685 crore on the Government e-Marketplace (GeM) as of October 10 in the current fiscal year. The Ministry of Housing and Urban Affairs serves as the central agency responsible for overseeing national initiatives like the Pradhan Mantri ...

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Policy, Data Support Key To Boost MSMEs: ADB Report

Opportunity India Desk Oct 25, 2023 - 3 min read

The Asian Development Bank has emphasized providing policy assistance and data support to micro, small, and medium enterprises (MSMEs) to enhance their capacity as drivers of economic growth. In the recently released report, the Asian Small and Medium-sized Enterprise Monitor 2023, the ADB highlighted the significant contribution of the MSME sector in the ...

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139 SMEs Raise INR 3,540 Crore Via IPOs In 2023

Opportunity India Desk Oct 23, 2023 - 3 min read

In the current year, small and medium enterprises (SMEs) have witnessed significant interest in their initial public offerings (IPOs). According to Prime Database, 139 SMEs have successfully garnered INR 3,540 crore through IPOs in 2023 so far. Notably, the figure nearly doubled as compared to 2022, during which 109 companies managed to raise ...

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MSMEs Embracing Digitalization, Sustainability Report Profit: FICCI

Opportunity India Desk Oct 20, 2023 - 6 min read

To enhance their competitiveness, MSMEs in India have been increasingly adopting technology and digital solutions, such as the use of e-commerce platforms, digital marketing, cloud computing, and automation tools, The Federation of Indian Chambers of Commerce & Industry (FICCI) said in its report. The report, based on a nationwide survey of ...

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Google to ensure safe internet for India with ‘DigiKavach’

Opportunity India Desk Oct 19, 2023 - 4 min read

Google on Thursday announced the launch of ‘DigiKavach’, a system designed to strengthen the safety of Indian internet, detect potential threats early, and issue warnings. The alert system aims to recognize patterns of financial fraud and intervene before these patterns can lead to widespread damage, Google said during its ninth edition of ‘Google ...

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GeM, Bhashini Platform Join Hands To Support Sellers in Local Languages

Opportunity India Desk Oct 19, 2023 - 3 min read

The Government e-Marketplace (GeM) has entered into a memorandum of understanding (MoU) with the Digital India Bhashini Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY). The partnership aims to assist sellers in creating their product and service catalogs in local languages. The primary objective of the MoU is to promote ...

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E-commerce Empowering MSMEs In Digital Era: Amazon’s Manish Tiwary

Opportunity India Desk Oct 18, 2023 - 2 min read

E-commerce has proved its worth as a formidable engine of digital transformation in the ever-evolving Indian business landscape. Manish Tiwary, Country Manager, India Consumer Business at Amazon India, recently highlighted the pivotal role of e-commerce in the growth of India's economy. He also discussed the journey of Amazon India over the past decade, ...

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ZED Scheme: Over 44,000 MSMEs Certified For Sustainable Manufacturing

Opportunity India Desk Oct 18, 2023 - 3 min read

The Ministry of Micro, Small, and Medium Enterprises has informed that under the Zero Effect, Zero Defect (ZED) scheme, over one lakh registration have been received since its inception in April 2022. ZED scheme aims to promote environment-friendly manufacturing practices among MSMEs. Additionally, more than 44,000 enterprises have successfully obtained certification ...

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