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…
Category: MSME
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,…
Call for IPO Success Stories: Share Your Journey in Small Enterprise Magazine’s July 2024 Issue
We are thrilled to announce an exciting opportunity for SMEs that have successfully gone public in the last five years. The upcoming July 2024 issue of Small Enterprise Magazine will feature a special cover story, “Breaking Barriers: IPO for SMEs,” celebrating the pinnacle of business achievement. This issue will showcase the inspiring journeys of over 25 successful SMEs that have recently gone public. Why This Special Issue Matters The decision to go public is a significant milestone for any business, marking the transition from a privately held entity to a…
International MSME Day 2024: Embracing the Circular Economy with a Human-Centered Approach
The International Micro, Small, and Medium Enterprises (MSME) Day 2024, on 27 June 2024, offers a profound opportunity to reflect on the pivotal role these enterprises play in fostering sustainable development, especially through the lens of the circular economy. The theme, “The Circular Economy – A Paradigm Shift with a Human-Centered Approach and MSMEs’ Role,” underscores the essential integration of human-centered design in driving this transformative economic model. The Human-Centered Circular Economy At the heart of the evolving circular economy is a commitment to human-centered principles. This approach places individuals…
Unlocking Global Potential: Opportunities and Challenges for Indian SMEs in the Export Market
Indian Small and Medium Enterprises (SMEs) play a pivotal role in the nation’s economy, contributing nearly half of the country’s exports and accounting for 29% of the GDP. Despite the impressive performance, these enterprises face numerous challenges, especially in the wake of the COVID-19 pandemic, which has significantly disrupted global trade dynamics. This article explores the opportunities and challenges faced by Indian SMEs in the export business, with a particular focus on the services sector and the implications of shifting global value chains (GVCs). The Contribution of Services to India’s…
Embracing the Storm: Navigating the Seas of Change in 2024 for Small Businesses
As the tides of time continue to shift, Micro, Small, and Medium-sized enterprises (MSMEs) find themselves once again at the helm of uncertainty, navigating through the choppy waters of economic flux and technological revolution. Reflecting on the tumultuous journey of 2023, where MSMEs battled against economic headwinds and the ever-looming specter of geopolitical tensions, we now turn our gaze to the horizon of 2024. What challenges await these resilient captains of industry, and how can they chart a course towards prosperity in the face of adversity? 1. Artificial Intelligence: Sailing…