SEARCHED FOR: SMEs

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.

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

The new company will also support Tata Electronics, which was created to tap the SME segment, and its SuperApp digital platform, which will bring its various consumer services together

Increasing the FDI limit to 74% from the current 49% in the insurance sector is a welcome move by the government which was long overdue, says BFSI leaders on the Union Budget 2021.