Category: MSME

July Spotlight: SMEs Breaking Barriers and Going Public

Small Enterprise India

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

Small Enterprise India

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

Small Enterprise India

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

Small Enterprise India

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

Small Enterprise India

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…

How ONDC is Poised to Take on and Transform the E-Commerce Landscape in India

Small Enterprise India

The Open Network For Digital Commerce (ONDC) initiative is poised to bring  about a transformative change in the e-commerce landscape of India. Considering how quickly online commerce has expanded and the increasing importance of the digital economy, ONDC aims  to create a unified platform that revolutionizes how businesses operate, and consumers engage in online transactions. This article explores the various aspects of the ONDC initiative, including its objectives, potential  benefits, and the impact it could have on the e-commerce industry in India.  Background of the  ONDC Initiative The ONDC initiative was launched…

MARKETPLACE MAGIC: THE RESILIENCE AND REVIVAL OF INDIA’S STREET VENDORS

Small Enterprise India

Street vendors are one of the most marginalised, poor as well as vulnerable sectors of the urban informal labour market. While street vending is seen as a thriving business given its capacity to adapt to the changing demands of urban society, this category of self-employed persons is yet to receive legal legitimacy. Several factors contribute to this situation, the prime among them being access to formal credit. While it can be argued that financial inclusion and inclusive growth can together generate self-employment opportunities and alleviate poverty and unemployment, easy access…

“Export Strategies for MSMEs” Seminar Declared a Resounding Success

Small Enterprise India

The “Export Strategies for MSMEs” seminar that concluded yesterday 31 October’23, proved to be a resounding success, leaving attendees with valuable insights and knowledge on how to excel in the world of exports. This informative event featured sessions by eminent subject matter experts, making it a great learning opportunity for aspiring exporters and established businesses alike.  Organized by the MSME DFO, Bangalore in association with the FEDERATION OF INDIAN EXPORT ORGANISATIONS and various Export Promotion Councils like The Agricultural and Processed Food Products Export Development Authority (APEDA), Directorate General of Foreign Trade (DGFT), ECGC Limited and MSME Media…

SCALING UP SUSTAINABLE BUSINESSES: CHALLENGES AND OPPORTUNITIES FOR MSMEs

Small Enterprise India

Examine the barriers and success factors in scaling up sustainable MSMEs in India, showcasing case studies and best practices for growth and impact.  “In the world of business, big things often have small beginnings. MSMEs are the seeds that grow into mighty enterprises.”   In recent years, MSMEs have witnessed drastic growth in the economic setup of India. They have allowed aspiring entrepreneurs to shape their ideas into reality. Notably, it takes work in a developing country like India to get investments and arrange adequate resources for establishing big corporations.  In…

CHALLENGES FACED BY MSMEs IN PRODUCING AND DISTRIBUTING ORGANIC AGRICULTURE PRODUCTS

Small Enterprise India

Small businesses play a crucial role in supporting the organic agriculture industry. Today, more people want to consume organic food products as these are considered healthy options since they are free from chemicals; plus, these are also considered to be environmentally friendly. The demand for these products is increasing. Therefore, there is a need to support organic agriculture.  If organic farming is to grow and be undertaken in a sustainable manner, then there is a need for support from business teams in producing, packaging, and distributing organic agricultural produce. Several small-scale enterprises have…

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