MSME

MSME

The Role of No Code Platforms in Streamlining MSME Operations

Opportunity India Desk Jul 08, 2024 - 3 min read

In today's ever-evolving business landscape, small and medium-sized firms (SMEs) perpetually look for novel approaches to improve their operations and maintain their competitiveness. Field activities, which include vital tasks such as dispatch management, inventory control and service delivery are considered essential elements contributing to the success of SMEs. However, the widespread use of manual procedures ...

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MSME

India's Crucial Role In Global Supply Chain Reinforced By Robust MSME Network: President Murmu

Opportunity India Desk Jan 31, 2024 - 2 min read

President Droupadi Murmu, in her inaugural address at the new Parliament building, highlighted the ongoing efforts to support the micro, small, and medium enterprises (MSMEs) sector in the country. She emphasized that the world recognizes India's potential to strengthen the global supply chain, attributing this belief to the country's commitment to developing a ...

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MSME

Ram Temple Inauguration Spurs INR 55,000 Crore Business Boost For MSMEs

Opportunity India Desk Jan 31, 2024 - 3 min read

In a recent report by the Forum for Internet Retailers, Sellers, and Traders (First) India, it was revealed that the inauguration of the Ram temple has significantly boosted micro, small, and medium enterprises (MSMEs) across the country, leading to a reported business of INR 55,000 crore after the major event. According ...

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MSME

Plexconcil, Dun & Bradstreet Forge Alliance To Boost MSME Growth In India

Opportunity India Desk Jan 31, 2024 - 2 min read

The Plastics Export Promotion Council (Plexconcil) has announced a strategic partnership with Dun & Bradstreet Information Services India, a global B2B data provider. The collaboration aims to establish an ecosystem that promotes the growth of the micro, small, and medium enterprises (MSME) sector in India. The objective ...

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MSME

MSMEs Cross 3.5 Crore Registration Milestone On Udyam Portal

Opportunity India Desk Jan 30, 2024 - 2 min read

The Udyam registration portal, under the MSME Ministry, has recently surpassed the milestone of registering 3.5 crore micro, small, and medium enterprises (MSMEs). According to data from the Udyam portal, as of Tuesday, 3.55 crore MSMEs were officially registered, with 3.48 crore categorized as micro enterprises, 5.97 lakh as small enterprises, and 54,939 ...

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MSME

Goa's Entrepreneurial Makeover: Startups, Beach Workspaces, And Digital Villages

Opportunity India Desk Jan 30, 2024 - 2 min read

In an effort to transform Goa into a startup hub and a preferred destination for entrepreneurs in Asia, the state government is strategically leveraging its unique selling points: picturesque beaches and rich heritage sites. A key initiative involves encouraging the establishment of startups in Goa by exploring the possibility of creating workspaces on ...

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MSME

Pre-Budget Focus: Finance Ministry Unveils MSME-Centric Reforms For Economic Resilience, Growth

Opportunity India Desk Jan 30, 2024 - 2 min read

The Finance Ministry has outlined key areas for upcoming reforms, emphasizing skilling, learning outcomes, health, energy security, reduced compliance burden for MSMEs, and gender balancing in the labor force. In a pre-Interim Budget review, the ministry projected that, under certain assumptions regarding inflation differentials and exchange rates, India could potentially achieve a USD ...

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MSME

Unlocking ZED Certification: A Guide For MSMEs To Harness Benefits

Opportunity India Desk Jan 29, 2024 - 3 min read

To boost the competitiveness and productivity of micro, small, and medium enterprises (MSMEs), the government unveiled the Zero Defect, Zero Effect (ZED) certification scheme in October 2016. Recently revamped as the MSME Sustainable (ZED) Certification scheme, the initiative aims to assist MSMEs in minimizing wastage, promoting environmental consciousness, conserving energy, and ...

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MSME

CDIIC, IIT Madras Join Forces To Drive Defence Innovation Through MSMEs

Opportunity India Desk Jan 29, 2024 - 2 min read

CODISSIA Defence Innovation and Atal Incubation Centre (CDIIC), Coimbatore, and the Indian Institute of Technology (IIT), Madras, have signed a Memorandum of Understanding to facilitate MSMEs (Micro, Small, and Medium Enterprises) in undertaking new product development for the defense sector. The MoU seeks to promote innovation in defense product development through ...

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MSME

Sourceinfi: Making Supply Chains Smarter For Online Sellers

Opportunity India Desk Jan 29, 2024 - 9 min read

Embarking on a mission to redefine the dynamics of supply chain management, Sourceinfi emerges as a game-changer for Direct-to-Consumer (D2C) businesses and E-Commerce players. Founded by Paras Thakkar, an expert with a keen understanding of the market, Sourceinfi uses advanced technology to enhance the efficiency of the global supply chain. In ...

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