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For small or local businesses in particular, creating a website is crucial for attracting a loyal audience and growing over time. However a very small proportion of SMEs invest in an effective online presence and even fewer maintain it regularly. Awareness campaigns about the benefits of an online presence like the one by #godaddy are changing MSME attitudes and getting them to recognize the value of an effective online presence. Getting MSMEs to Go digital should be a top p

MSME Minister Nitin Gadkari said the government plans to develop a portal for creating a marketplace like Alibaba where all stakeholders from India's MSME sector can find the demand and supply inputs. #msme #msmes #sme #smesector

Indian MSMEs have great potential. But, due to lack of support from various institutions they have been struggling on many fronts. #sme #smesector #msmeday #msmes

Assocham’s National Council for #MSME is focused on steering the MSME sector forward by being a bridge between policymakers and entrepreneurs. #sme #msmes #smesector #assocham

The government is working on bringing a new scheme that would provide employment opportunities as talks are on with the World Bank and Asian Development Bank and their credit limits would be used to provide credit to SMEs : Nitin Gadkari #sme #msme #smesector #msmes

Indian firms do not grow much over time. SMEs in India prefer to stay small and enjoy benefits offered to them: Survery #sme #msme #smesector #smes #msmes

Employing over 60 million people and contributing 45% of industrial output and 40% of the country's exports, #MSMEs are the critical growth driver of the Indian economy. However, in recent times, reeling under subdued market demands for their items (both domestically and internationally), coupled with mounting NPAs, and regulations like the GST and the Insolvency and Bankruptcy Code (IBC), the sector has largely been sailing in rough waters. #sme #msme #smesector #smes

While internet penetration has improved in areas where #MSMEs are most prevalent, many of these businesses are still running in an informal manner without being registered, and thus cannot utilise the latest tech and software solutions that are being offered to registered MSMEs. However, government regulations and changes in policy have forced many MSMEs to join the formal market.

SMEs are considered to be the backbone of Indian Economy as they contribute a major share of exports and create employment opportunities for millions every year. Here are 5 tech start-ups enabling small businesses to boost the SME sector #sme #msme #smesector #msmes

The goal of making India a $5-trillion economy by 2024-25 is possible only by pushing investment (especially in the private domain), promoting exports, nourishing #MSMES, and ensuring policy consistency. #msme #sme #smesector #budget2019

The current export promotion channels used by Indian #MSMEs are outdated and ineffective in their outreach. LinkedIn Promotion and Virtual Fairs may offer more aggressive and direct approach to help capture the current export opportunities due to the current geo-political situation. Mahesh Narayanan Deepti Pant #msme #sme #smesector #exports #linkedin

Here's what the #budget2019 brings for #MSME sector in India. #sme #msmes #smesector #budget #nirmalasitharaman

Government bodies such as the #MSMEMinistry have been running various schemes to support and grow traditional industries. These schemes range from providing collateral-free credit and access to incubation centres to better equipment and #employment opportunities for #entrepreneurs in various corners of India. hashtag#msme #sme #smesector #msmes

#Tech driven MSMEs for a $5 Trillion Economy #MSMEs need to scale up rapidly and enhance their productivity to help Indian economy to scale the $5 trillion mark. #Technology can play a key role in enhancing the contribution of the MSMEs. Here is an overview from the frontlines of #MSME technology adoption. Thank you Harsha Kumar for sharing some valuable insights on MSMEs software needs in your article.

Indian #smesector is one of our biggest providers of jobs, from workers to middle management levels. The larger companies have funding to install machinery and automation, which the small scale cannot. Here is an overview of the challenges faced by Indian #SMEs #SME #MSME #msmes