SME Landscape in India - Growth, Challenges and Opportunities

India is one of the fastest growing economies of the world. In the last half-decade, the economic growth has steadily accelerated and most importantly, remained very stable. One major factor that is being touted as the backbone of India’s economy is Small and Medium Enterprises (SME) sector. #sme #msme #smesector #business

Budget 2019: Access to credit, increased ease of doing business, top demands of tier 2, 3-based MSME

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

A blueprint for a $5-trillion economy

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

LinkedIn and Virtual fairs can help Indian MSMEs ramp up their exports

The current export promotion channels used by Indian #MSMEs are outdated and ineffective in their outreach.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

5 MSME schemes for reviving traditional industries and rural entrepreneurship

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

Challenges Indian SME’s Face To Reach The Next Level

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

How The Long-Dormant SME Segment Can Finally Hope For A Revival

The landscape of today is changing to make way for rapid #digitisation and #automation of processes across businesses. The economy is inching towards optimisation of #smesector productivity, through technological intervention, easy capital availability through #fintechch and focused regulatory changes. #sme #smes #msme #msmes #smbs #smb

ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs

ICICI Bank announces the launch of a new digital platform called 'InstaBIZ', curated specially for #MSMEs and self-employed customers to enable them to undertake their business banking transactions digitally and instantly. #msme #icicibank #instabiz #sme #smb #smbs #smesector #smes #banking

Digital Export Promotion

How is SME MaXX helping MSMEs for export promotion? SME MaXX is guiding MSMEs to effectively use #LinkedIn and other platforms for export growth promotion. SME MaXX has launched a Digital Export Promotion (DEXPO) offering. It allows #MSMEs to share their business pitch and catalogs with potential customers from across the world. #MSME owners can make new connections digitally with people that matter to their business. DEXPO can be accessed below Follow our page - SME MaXX t

How Digital Hiring Will Drive SME Growth

Going #Digital is the need of the hour for #SME sector in India. Here is an overview of how Digital Hiring Systems can help #SMEs to grow. #msme #smesector #msmes

Top 5 digital lending players focussing on SME loans

Digital technology is the major change that continues to transform the market for startups and #SMEs.These platforms below are some of the players that are redefining the #SME Industry #msme #smefinance #msmes #smallbiz #smallbusiness #smesector #smelending #smebanking #businessloans

More than two-third loan requests approved under Modi govt’s 59 minute loan portal

Prime Minister #Narendramodi's push to provide fast and easy credit to #SMEs seems to be working as two-third loan applications filed on the government portal for granting loans in less than an hour are being approved. Nearly 80% of more than 2 lakh applications filed on the psbloansin59minutes.com were approved in principle. #sme #msme #msmes #smesector #loans #banking #smelending #smb hashtag#smbs #smallbiz #smallbusiness

Yes Bank launches Smart Edge, an industry first surrogate lending program for MSMEs

For easing working capital woes of country’s #MSMEs, Yes Bank has announced a unique lending program through which an #MSME can avail secured working capital limits from Rs. 1 - 3 crore in the form of Overdraft (OD), Letter of Credit (LC) and Financial Bank Guarantees. #sme #smes #smesector #smallbiz #smallbusiness #smelending #smefinance #yesbank #business #banking #finance