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In the wake of PM Modi's US visit, India's MSMEs prepare to leverage global investments and e-commerce platforms. Amazon and Google's significant commitments, along with government policies, promise growth, enhanced market accessibility, and a strong thrust to India's digital economy.

"The initiatives outlined for skill development and research in cutting-edge fields like artificial intelligence (AI), robotics, and 5G, among others are encouraging for the IT industry," said Avaya India MD Vishal Agrawal.

According to FMI, the global out of band authentication market will reach $4.3 billion by 2032, expanding at a CAGR of 13.2 per cent between 2022 and 2032.

The company said that in January 2020 it pledged to digitise one crore MSMEs, enable $10 billion in cumulative exports and create 20 lakh jobs in India by 2025.

The two, FII and NASSCOM, have signed an MoU in this regard. The initiative comes under the Centre’s digital India and the Gujarat government’s move to promote digitisation.

Senior startups industry leaders share their views on the Role of Startups and MSMEs in India's Indigenization Dream during the second edition of Digital Senate 2022.

The platform offers an e-commerce marketplace for small and medium-size manufacturers and contractors. The seller connect app is a first-of-its-kind initiative in the country's B2B ecosystem.

According to the company, this is the first institutional raise by the profitable bootstrapped start-up, iMocha operates out of India and the US.

BSCIC chairman State Minister for Industries Kamal Ahmed Majumder, State Minister for Information (ICT) Zunaid Ahmed Palak, Industries Secretary Zakia Sultana, and others were present as special guests at the function presided over by Mushtaq Hasan.

Under the PLI scheme Rs 12,195 crore will be disbursed as incentives to the qualifying companies over a five year period by achieving stipulated production targets