SME SUMMIT
Strategic insights flourish at ET Make in India SME Summit’s Kolkata Chapter
Stakeholders, including Bengal cabinet Minister for Heavy Industries and MSMEs, Shashi Panja, entrepreneurs from food product companies, and industry spokespersons from across the terrains of tea, tourism, and leather convened to share dive deep into the way forward, spelling out the sectors/areas that demand attention and more.
ET Make in India SME Summit in Lucknow: Micro industries must be given adequate support in the MSME ecosystem
The purpose of these regional ET MSME Summit events is primarily to increase awareness, promote networking and support industry-specific learning to give small industries a leg up.
ET Make in India SME Summit in Hyderabad: Small businesses should adopt modern technology as soon as possible
ET MSME Regional Summit: Hyderabad’s startup ecosystem has come a long way and is now focussed on hi-tech areas such as drone technology and space manufacturing. More and more small businesses should embrace AI and other modern technologies if they want to survive for long.
Maximising Govt efforts: Policies and opportunities for West Bengal MSMEs - Dr. Shashi Panja, Minister-in-Charge, Department Of Industry, Commerce & Enterprises, Govt of WB
At the ET Make in India SME summit’s Kolkata edition, Shashi Panja highlighted the various policies adopted by the TMC government to support MSMEs, including bank interest subsid...
Empowering Indian MSMEs through Digital Transformation - Mohd Yaman, Sr. Solution Consultant, Adobe
At the Lucknow edition of the ET Make in India MSME Regional Summit, Mohd Yaman, Sr. Solution Consultant, Adobe, gave an insightful presentation on the theme of ‘Empowering Indian MSMEs through Digital Transformation’. He showcased the powerful capabi...
ET MSME Regional Summit 2024: Blueprint for enabling ease of doing business for MSMEs in Telangana
Watch the Hyderabad edition of the ET Make in India - MSME Regional Summit series where a distinguished gathering of local MSMEs, policymakers, business leaders, and industry stakeholders from the Telangana MSME ecosystem came together to decode region...
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MSMEs are like mitochondria power engines which are boosting West Bengal’s economy, says Shashi Panja, Minister of Industries, West Bengal
West Bengal has close to 90 lakh MSME enterprises, many of them single-person enterprises, and they employ over 1 crore people.
ET Make in India SME Regional Summit in Kolkata to look at Bengal’s potential and opportunities to uplift MSMEs
Entering its third city this year, the ET Make in India SME Regional Summit will host brainstorming sessions, networking opportunities and engaging discussions with entrepreneurs and government representatives on developing businesses in the region.
For its third session, ET Make in India SME Regional Summit heads to Kolkata
After two successful stints, the ET MSME Summit is preparing to enter Kolkata with the objective of understanding the potential and the opportunities to empower the small and medium businesses in the city and the state.
ET Make in India SME Regional Summit’s second session to be held in Lucknow
After a successful first show at Hyderabad, the ET Make in India SME Regional Summit will host its second show in Lucknow on May 25.
ET Make in India SME Regional Summit in Lucknow to highlight the city’s thriving labour-intensive industries
The second session of this year’s ET Make in India SME Regional Summit will be held in Lucknow with a special focus on uplifting the city’s MSMEs.
ET Make in India SME Regional Summit in Hyderabad will focus on the state’s high-tech prowess
Starting with the tech-powered city of Hyderabad, the ET Make in India Regional Summit aims to power the state’s MSMEs leveraging on its innovative quality.
ET Make in India SME Regional Summit to kick off with the high-tech city of Hyderabad
After carving out a strong identity for itself, the ET Make in India Regional Summit is all set to begin a fresh innings this year. It becomes crucial as the country aims to tap the various opportunities the world is offering in the midst of economic and geopolitical shifts.
SIDBI ET MSME Conclave: Bhubaneswar summit to focus on state’s rising economic stature
This SIDBI ET MSME Conclave in Bhubaneswar is particularly tailored for the cities in Bharat and the vibrant MSMEs that exist there. The conclave seeks to shape the discourse on building financially robust and competitive MSMEs that realise the Atmanirbhar Bharat vision, propelling India toward the centennial milestone.
TReDS ‘not fully effective’, only 10% of its potential being realised: Secretary, Ministry of MSME
There are other provisions in the GST and taxation regime that can be further used to enable faster payments, at least to the small and micro segments, Das said
ET Soonicorns Summit 2023: The next frontier in India’s dynamic fintech space
Synopsis: As Fintech 2.0 players redefine the scope of the ever-evolving ‘finance for all’ space, experts shared insights into the next frontiers of growth for the evolving ecosystem. Here’s what some of the key stakeholders of the fintech sector had to say about regulatory compliances and more at the Delhi-NCR chapter of the ET Soonicorns Summit 2023.
Can OCEN be a game-changer for Indian MSME?
Open Credit Enablement Network (OCEN) has been launched in India to address the challenge of access to formal lines of credit for small and medium-sized enterprises (SMEs). With 63.39 million SMEs contributing a third of India's GDP and employing 110 million people, OCEN aims to provide unsecured short-term working capital loans at lower interest rates. By leveraging digital footprints and the Aadhaar-based eKYC system, OCEN aims to reduce the borrowing period to a quarter, making it easier for banks to lend to SMEs.
Green funding: SBI plans to bundle home loans with rooftop solar installations
Given the risks involved in long-term forex loans, Tewari urged multilateral lenders to allow borrowing banks to hedge their exposures so that green and financial inclusion funding can be more sustainable. Tewari also said the bank is increasing its exposure to green initiatives, including funding green buildings, battery recycling, solar rooftops plans among others.
Federal Bank to open 100 branches in FY24
Federal Bank, the largest private sector lender in Kerala, plans to open 100 more branches this fiscal year to cater to small businesses. The bank aims to focus on lending to SMEs, with one-third of its loan book already comprising SME loans. Most of the new branches will be located in Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana.
Sidbi expects its loan book to hit Rs 5 lakh crore this fiscal
"We closed FY23 with a loan book of Rs 4 lakh crore, and the demand for refinance and direct funding is so strong that I am confident of clocking 25 per cent growth in asset creation this fiscal, which will take our total loan book to Rs 5 lakh crore or more by March 2024," Sidbi chairman S Raman told reporters here on Tuesday on the sidelines of a Sidbi-organised global SME financing summit as part of the just-concluded the G20 Summit.
Digital literacy, open banking important for access to capital for SMEs, emerging markets: Mastercard CEO
Digital literacy has become very important in the country. Miebach believes that apart from creating digital identities, it is imperative to ensure digital literacy among consumers.
India's G20 presidency underscores tectonic shift in perception about women's contribution to nation and societies: Smriti Irani
India's G20 presidency has facilitated a "tectonic shift" in perceptions of women, who are increasingly recognised as equal contributors to their country's social and economic fabric, Union Minister for Women and Child Development, and Minority Affairs, Smriti Irani said while addressing the G20 EMPOWER Summit.
ET MSME Day 2023: How focus on R&D can help MSMEs in product innovation
While MSMEs have emerged as key drivers of the Indian economy, increased focus on differentiation of products is needed to help them make a mark on the global platform.
ET MSME Day 2023: MSME Regional Summits to celebrate India’s vibrant MSMEs, promote Make in India
As World MSME Day approaches, ET will celebrate India’s MSMEs with a whole series of MSME regional summits across the country, starting with the Ahmedabad edition on May 27. ET’s year-long MSME-focused initiatives also include the ET MSME Day 2023 virtual conclave and ET MSME Awards, India’s most influential MSME awards.
India-UAE Partnership Summit calls for new cooperation prospects
The summit, held at Dubai Chambers’ headquarters, was inaugurated by Piyush Goyal, Minister of Commerce & Industry.
Mamata: Bengal doing development work with human face
The Bengal leg of the Summit, which will continue from January 9-11, began with an address by Queen Maxima of the Netherlands, and will focus on the principles of digital financial inclusion, remittance costs and SME finance availability.
India-UAE CEPA could lead to future deals between GCC & Delhi
Ahead of the maiden West Asian Quad Summit scheduled for July 14, the UAE has noted that its comprehensive economic partnership agreement (CEPA) with India could lead to new deals between New Delhi and other five members of the Gulf Cooperation Council that include Saudi Arabia and Oman, India's oldest strategic partner in the region.
Meta says it is strengthening its commitment towards India’s Small Businesses
The summit saw emerging and small businesses share their stories of how they transformed their business using digital technologies and apps by the company.
Taking a cue from China: How India can help SMEs flourish and prosper
There have been many factors that aided the growth of Chinese SMEs, including strong cultural advantages and a sharp focus. India too can replicate a similar model to accelerate MSME growth.
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