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GeM Services Procurement Sees Nearly 8X Surge, Value To Reach INR 1.5 Trillion This Fiscal

Notable buyers of services on the platform include Central Public Sector Enterprises (CPSEs), states, and central ministries.
- By - Opportunity India Desk
- Nov 02, 2023/ 3 MIN READ
Over 80% Retailers Don’t See E-Commerce As Threat: Study

The study also revealed that 90 per cent of retailers generate over half of their sales through offline channels, and 7 in ...
- By - Opportunity India Desk
- Nov 02, 2023/ 4 MIN READ
Mahindra Finance, SBI Forge Co-Lending Ties For MSMEs

By engaging in co-lending partnerships with NBFCs, Public Sector Banks (PSBs) have the opportunity to leverage the specialized knowledge of NBFCs in ...
- By - Opportunity India Desk
- Nov 01, 2023/ 3 MIN READ
Vishwakarma Portal Receives Over 10L Applications Within 50 Days Of Launch

The initiative is designed to support artisans and craftspeople engaged in 18 traditional industries within the MSME sector.
- By - Opportunity India Desk
- Oct 31, 2023/ 4 MIN READ
PM SVANidhi Empowers Over 53 Lakh Street Vendors

The scheme offers attractive incentives for regular repayments, including a 7 per cent interest subsidy, and rewards digital transactions with cashback of ...
- By - Opportunity India Desk
- Oct 31, 2023/ 3 MIN READ
MSEs Get 6-Month Breather As Govt Rolls Out Quality Norms For Copper Products

The enforcement of Quality Control Orders (QCOs) will result in the prohibition of manufacturing, storing, and selling non-Bureau of Indian Standards (BIS) ...
- By - Opportunity India Desk
- Oct 30, 2023/ 3 MIN READ
MSMEs Cross 3 Crore Registration Milestone On Udyam Portal

As per the statewise registration data, Maharashtra secured the top position with more than 35 lakh registered enterprises.
- By - Opportunity India Desk
- Oct 30, 2023/ 3 MIN READ
FICCI FLO to Establish Support Centres for Women-led MSMEs

India's aim to attain an 8 per cent GDP growth rate necessitates women making up over 50 per cent of the new ...
- By - Opportunity India Desk
- Oct 27, 2023/ 3 MIN READ
MoHUA Procures INR 685 Crore Goods And Services On GeM In FY24 So Far

According to information available at the GeM dashboard as of October 25, a substantial sum of over INR 1.85 lakh crore has ...
- By - Opportunity India Desk
- Oct 25, 2023/ 3 MIN READ
Policy, Data Support Key To Boost MSMEs: ADB Report

Several factors hindering the growth of small businesses include inadequate digitization, underdeveloped infrastructure, limited electronic payment systems, and the absence of a ...
- By - Opportunity India Desk
- Oct 25, 2023/ 3 MIN READ
139 SMEs Raise INR 3,540 Crore Via IPOs In 2023

This year's largest IPO issue was Spectrum Talent Management, securing INR 105 crore, followed by CFF Fluid Control, which raised INR 86 ...
- By - Opportunity India Desk
- Oct 23, 2023/ 3 MIN READ
MSMEs Embracing Digitalization, Sustainability Report Profit: FICCI

MSMEs leveraging e-commerce platforms and online marketplaces to reach a larger customer base in order to expand their market presence.
- By - Opportunity India Desk
- Oct 20, 2023/ 6 MIN READ
Google to ensure safe internet for India with ‘DigiKavach’

Google has also announced its partnership with the Fintech Association for Consumer Empowerment (FACE) in order to combat predatory digital lending apps ...
- By - Opportunity India Desk
- Oct 19, 2023/ 4 MIN READ
GeM, Bhashini Platform Join Hands To Support Sellers in Local Languages

The utilization of local language technology will facilitate inclusive growth for sellers and enable them to extend their market reach.
- By - Opportunity India Desk
- Oct 19, 2023/ 3 MIN READ
E-commerce Empowering MSMEs In Digital Era: Amazon’s Manish Tiwary

E-commerce has been a game-changer, driven by factors like India's growing economy, increased internet penetration, and rapid advancements in digital payment methods.
- By - Opportunity India Desk
- Oct 18, 2023/ 2 MIN READ