Search For "micro small and medium enterprise"
India's MSMEs face credit gap of Rs 30 lakh crore, women-owned businesses
Updated : 1 year ago IST
The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).
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Alternative finance and digital lending gaining traction among MSMEs: SIDB
Updated : 1 year ago IST
Alternative finances and digital lending are gaining pace for credits to the Micro, Small and Medium Enterprise (MSME) sector, shows data from a survey by the Small Industries Development Bank of India (SIDBI).
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Shashank Nigam: Empowering India's MSMEs Through Udyamita Helpline
Updated : 1 year, 1 month ago IST
New Delhi [India], May 9: In India, Micro, Small, and Medium Enterprises (MSMEs) are often referred to as the backbone of the economy. However, this crucial sector faces persistent challenges such as lack of awareness, delayed payments, and limited access to government schemes. Addressing th
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India's MSME sector has significant lending opportunity with approx. Rs 28
Updated : 1 year, 1 month ago IST
The Micro, Small and Medium Enterprises (MSME) sector in India presents a significant lending opportunity due to a credit gap of approximately Rs 28 lakh crore, according to a recent report by Mavenark.
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Fixit Secures Strategic Government Investment to Power India's MSME AI Rev
Updated : 1 year, 2 months ago IST
New Delhi [India], April 12: In a bold move to accelerate the adoption of artificial intelligence among India's 65 million micro, small, and medium enterprises (MSMEs), Fixit, a fast-growing agentic AI platform, has secured a strategic investment from the Government of India, facilitated by
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President Murmu, Slovakian counterpart Pellegrini agree to work towards st
Updated : 1 year, 2 months ago IST
Both leaders witnessed the exchange of two Memorandum of Understanding (MoU), one on cooperation in the field of Micro, Small, and Medium Enterprises (MSMEs) between NSIC and the Slovak Business Agency and another on cooperation between SSIFS and the Slovak Ministry of Foreign and Europea
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37% of MSMEs plan capacity expansion, similar proportion eyeing further in
Updated : 1 year, 2 months ago IST
In a showcase to the improving conditions for Micro, Small, and Medium Enterprises (MSMEs), about 37 per cent of businesses are planning to expand their capacity during the current period, according to a SIDBI MSME Outlook Survey Edition-II.
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MSMEs Cannot Afford Additional Rs 1.5 Lakhs per year as Cost of Compliance
Updated : 1 year, 2 months ago IST
New Delhi [India], April 2: The India SME Forum (ISF), the country's largest non-governmental organization for small and medium enterprises, has urged the government to reconsider the timeline for the implementation of the Invoice Management System (IMS) under the Goods and Services Tax (GST
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Technology & Finance in Focus at MSME Mahotsav 2025 as Industry Leader
Updated : 1 year, 2 months ago IST
New Delhi [India], March 29: MSME Mahotsav 2025, India's premier platform for celebrating and supporting Micro, Small, and Medium Enterprises (MSMEs), is set to take place as a two-day event at The Ashok Hotel, New Delhi, on April 23rd and 24th, 2025, bringing together key stakeholders to ex
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Dun & Bradstreet India and NSIC Collaborate to Empower MSMEs in India
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 24: Dun & Bradstreet India, a global leader in business data and analytics, has signed a Memorandum of Understanding (MOU) with the National Small Industries Corporation (NSIC), a Mini Ratna enterprise under the Ministry of Micro, Small, and Medium Ent
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MSMEs need to be integrated into larger supply chains to drive real compet
Updated : 1 year, 3 months ago IST
The Micro, Small and Medium Enterprises (MSMEs) need to be integrated into larger supply chains to drive real competitiveness and achieve 7-8 percent growth, said Suman Bery, Vice Chairman, NITI Aayog and Chairman, Economic Advisory Council to the Prime Minister.
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Govt should ease lending restrictions on NBFCs to improve credit for MSMEs
Updated : 1 year, 3 months ago IST
In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank in a report stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
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