MSME
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Opportunity India Desk Jan 17, 2024 - 2 min readUnion Commerce Minister Piyush Goyal has unveiled plans for the Trade Connect ePlatform, a digital initiative aimed at boosting the involvement of micro, small, and medium enterprises (MSMEs) as well as startups in the export sector. The platform, set to be operational within the next three to four months, acts as an intermediary ...
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Opportunity India Desk Jan 15, 2024 - 2 min readThe Goa government has officially introduced the Goa Credit Guarantee Scheme (GCGS), also known as Mukhyamantri Saral Udyog Sahayya Yojana (MSUSY), integrating it with the existing credit guarantee scheme, CGTMSE, established by the central government. Launched on January 11, 2024, the five-year initiative aims to facilitate collateral-free loans of up to INR 5 ...
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Opportunity India Desk Jan 09, 2024 - 3 min readUttar Pradesh has secured a position among the top three states, making a significant contribution to the MSME sector. A report released by real estate consulting firm CBRE South Asia and the real estate developers association CREDAI revealed that Uttar Pradesh holds a substantial 9 per cent share in the total ...
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Opportunity India Desk Jan 08, 2024 - 2 min readUnder its newly launched Semiconductor and Advanced Electronics Policy 2024, the Tamil Nadu government will offer up to 50 per cent of additional financial incentives to semiconductor projects selected under the Centre's USD 10 billion chip subsidy plan. If a semiconductor project selected by the Centre sets up its manufacturing in ...
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Opportunity India Desk Jan 08, 2024 - 5 min readThere is no doubt that 2023 was a stellar year for the Indian stock market as it saw new records being made for the frontline indices. In June, the Nifty 50 broke through the 19,000 level and reached 20,000 in September. On December 8, it soared past the 21,000 mark, culminating in a record high ...
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Opportunity India Desk Jan 08, 2024 - 3 min readTamil Nadu has unveiled investment agreements totaling over USD 4.39 billion with companies, including Tata Electronics, Pegatron, and Hyundai Motors. These companies, crucial suppliers to tech giant Apple, are part of the broader strategy to shift some of Apple's production from China to India, aligning with Apple's focus on India as a key ...
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Opportunity India Desk Jan 05, 2024 - 2 min readIn a bid to solidify its position as the electronics export hub in India, the Tamil Nadu Government is set to introduce the State Semiconductor and Advanced Electronics Policy at its Global Investors' Meet scheduled for January 7 and 8. The policy is anticipated to place a heightened emphasis on semiconductor design, a ...
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Opportunity India Desk Jan 05, 2024 - 3 min readGoa has become the first state to start operations for 10 skill training centers under the PM Vishwakarma scheme. Union Minister of State for Skill Development and Entrepreneurship, Rajeev Chandrasekhar, along with Goa Chief Minister Pramod Sawant, inaugurated these centers at a ceremony organized by the Directorate of Skill Development and Entrepreneurship.
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Opportunity India Desk Jan 04, 2024 - 2 min readThe Gujarat government has announced the signing of a total of 234 Memorandums of Understanding (MoUs) ahead of its 10th edition of Vibrant Gujarat Global Summit. Of these, 58 were inked on Wednesday, projecting cumulative investments exceeding INR 10.31 lakh crore across various sectors and the potential to generate around 13 lakh employment ...
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Opportunity India Desk Jan 03, 2024 - 2 min readScheduled Commercial Banks (SCBs) directed INR 23.36 lakh crore towards Priority Sector Lending in micro, small, and medium enterprises in November 2023, marking a 21.9 per cent surge from INR 19.16 lakh crore deployed in the same month the previous year, according to the data on sectoral credit deployment released by the Reserve ...