Crowdfunding and P2P Lending: New Trends in SME Finance to Watch For

MSMEs and SMEs are vital to India’s economy, contributing significantly to GDP, employment, and exports. As of FY 2024-25, MSMEs account for ~30.1% of India’s GDP and almost 45.79% of the total exports. This sector generates employment, with over 203.9 million people engaged through registered enterprises. However, access to finance remains a challenge due to stringent credit requirements, limited collateral availability, and high-interest rates. To bridge this gap, alternative financing solutions like crowdfunding and P2P lending are emerging as viable options, providing SMEs with greater flexibility and accessibility. This article…

Can MSMEs Break Barriers to Become India’s Next Unicorns?

While India has a thriving startup ecosystem, with startups being the toast of the country’s growth story, SMEs do not receive even a fraction of the attention that startups do. Why is the buzz and hype missing when it comes to SMEs? MSMEs have long been acknowledged as the backbone of the economy, contributing a significant 30% to GDP, 35% to manufacturing, and 40% to exports. They are also the second-largest employer after agriculture. Among the 6 crore+ enterprises registered on the MSME Ministry’s Udyam portal, about 52,000 are medium…

Union Budget 2025: A Transformative Blueprint for MSME Growth and Economic Prosperity

The Finance Minister, Smt. Nirmala Sitharaman, presented the Union Budget 2025-26 on February 1, 2025, introducing key reforms aimed at strengthening India’s Micro, Small, and Medium Enterprises (MSME) sector. The much-anticipated Union Budget 2025 has arrived, carrying immense significance for India’s 63 million Micro, Small, and Medium Enterprises (MSMEs), the backbone of the nation’s economy. With MSMEs contributing nearly 30% to India’s GDP and employing over 110 million people, every fiscal policy shift profoundly impacts their growth, sustainability, and workforce stability. This year’s budget was expected to address pressing challenges—access…

MSMEs: The Backbone of India’s Economy and 17 Key Budget 2025 Expectations

The Union Budget 2025, slated for February 1, brings immense anticipation as stakeholders across the Micro, Small, and Medium Enterprises (MSME) sector await transformative measures to address their pressing challenges and unlock their full potential. The Micro, Small, and Medium Enterprises (MSMEs) sector is vital to the Indian economy, serving as a cornerstone for job creation, entrepreneurship, and economic resilience. Comprising over 70 million businesses, the MSME sector contributes nearly one-third of India’s annual gross value added (GVA) and employs over 216 million individuals. With the Union Budget 2025 on…

India International Industrial Expo 2024: A Catalyst for Industrial Revolution

The India International Industrial Expo 2024 (IIIE 2024), hosted by the Kerala State Small Industries Association (KSSIA) in partnership with Metro Mart, has emerged as a landmark event for the Industrial, Manufacturing, and Engineering sectors. Held from December 13 to 15, 2024, at Kochi, Kerala, the expo is a beacon of innovation and collaboration, uniting global experts, cutting-edge technologies, and revolutionary ideas under one roof. A Grand Beginning Inaugurated by Chief Minister Pinarayi Vijayan, the event was graced by an illustrious panel of dignitaries, including Industries Minister P. Rajeev, Finance…

2nd edition of ‘The Amara Raja Better Way Awards’ Launched

Aims to recognise entities that excel in innovative entrepreneurship benefiting rural communities. The Amara Raja Group, a $2 billion global conglomerate, proudly announces the unveiling of second edition of ‘The Amara Raja Better Way Awards’. These prestigious honors are designed to acknowledge and celebrate exceptional individuals and entities that stand out in the realm of innovative entrepreneurship. The focus is on those who are dedicated to ‘improve the quality of life of people by building institutions that provide better access to better opportunities.’ Crafted to specifically support individuals and entities…

Ratan Tata: A Beacon of Integrity, Innovation, and Compassion Whose Legacy Will Shine Forever

The passing of Ratan Tata marks the end of an era for India’s business world and the global entrepreneurial community. A leader whose name was synonymous with ethical business practices, innovation, and philanthropy, Ratan Tata’s influence extended far beyond the boardroom. As the former chairman of the Tata Group, he took the conglomerate to unprecedented heights, establishing it as a globally respected brand while remaining deeply rooted in the values of integrity, compassion, and social responsibility. Ratan Tata was not just a successful businessman; he was a visionary who saw…

Join Us Today! Kerala SME Talent Quest Webinar – 8:00 PM IST

Join us this evening for the Kerala SME Talent Quest webinar, organized by Small Enterprise India in collaboration with Kerala Govt’s K-DISC and KKEM. This awareness session is designed to highlight how recruiting the right talent can help small businesses grow faster. Why Attend? In today’s competitive market, one of the biggest challenges small businesses face is assembling the right team. Recruiting the right skilled or unskilled talent plays a crucial role in driving growth, increasing productivity, and streamlining operations. Building a team with the right mix of skills ensures…

India’s Union Budget 2024: Transformative Measures for the MSME Sector

On July 23rd, Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25, emphasizing support for Micro, Small, and Medium Enterprises (MSMEs). This year’s budget introduces innovative measures to drive growth, technological advancement, and global competitiveness within the MSME sector. Here are the key updates and their potential impact: Focus on Innovation and Technological Advancements The budget has introduced several measures aimed at fostering innovation within the MSME sector. Initiatives designed to encourage technological advancements and the development of new business models are at the forefront. MSMEs…

July Spotlight: SMEs Breaking Barriers and Going Public

The July 2024 issue of Small Enterprise Magazine is one of our most anticipated editions. This month, we delve into the transformative journey of SMEs breaking barriers by going public, under the compelling theme, “Breaking Barriers: IPO for SMEs.” This issue is a treasure trove of success stories, shedding light on the remarkable journeys of SMEs that have achieved the ultimate business milestone—going public. Each story narrates the relentless pursuit of growth, the hardships faced, and the substantial business expansion post-IPO. These narratives are not just inspiring but also educational,…

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