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…
Category: News & Analysis
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…
Rural Renaissance: How Entrepreneurship is Transforming India’s Villages
India’s villages are the heart of the nation, home to over 65% of the population and brimming with untapped potential. In our January 2025 issue of Small Enterprise Magazine, we bring to the forefront the inspiring stories of rural entrepreneurs who are transforming their communities and reshaping India’s economic landscape. Titled “Rural Renaissance: How Entrepreneurship is Transforming India’s Villages,” the cover story will dive deep into the waves of change sweeping across rural India. This issue will highlight the incredible journeys of rural entrepreneurs who are not only creating self-sustaining…
2024: Driving Change Through Meaningful Alliances
A Year of Impactful Collaborations Empowering MSMEs and Rural Entrepreneurs Across India As we bid farewell to 2024, we reflect on a year brimming with exciting milestones, transformative initiatives, and meaningful collaborations. This year has been nothing short of extraordinary, marked by the unwavering support of our vibrant small business community, loyal readers, and remarkable partners. Together, we have not only sustained but also amplified our mission to empower entrepreneurs across India, fostering growth and resilience in an ever-evolving economic landscape. From enabling rural entrepreneurs to achieve their dreams to…
Farewell to the Architect of Modern India: Dr. Manmohan Singh’s Legacy Lives On
With profound sorrow, we bid farewell to Dr. Manmohan Singh, a visionary leader and the architect of India’s modern economic reforms. His remarkable contributions as a statesman, economist, and reformer have forever shaped the trajectory of our nation. Dr. Singh once humbly reflected on his achievements, stating, “I am convinced that the emergence of India as a major powerhouse of the evolving global economy is an idea whose time has come.” His transformative reforms in the 1990s laid the foundation for this emergence, steering India through an economic crisis toward…
Announcing winners of ‘The Amara Raja Better Way Awards’ 2024
The Amara Raja Group, a $2 billion global conglomerate, is proud to announce the winners of 2nd Edition of ‘The Amara Raja Better Way Awards’, held on 20 December’24 at the Amara Raja Auditorium, Tirupati, Andhra Pradesh. The prestigious annual awards were instituted two years ago to acknowledge and celebrate exceptional individuals and entities that contribute to improving the quality of life in rural areas by providing better access to better opportunities. They were evaluated on their social and community impact, as well as their role in creating local employment…
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…
Global Entrepreneurship Week: Uniting Innovators Across the World
Global Entrepreneurship Week (GEW) is a worldwide celebration of entrepreneurship, innovation, and collaboration. Taking place annually in November, this transformative initiative brings together millions of individuals across more than 200 countries to spotlight the crucial role entrepreneurship plays in economic development and social progress. It is a week of inspiration, learning, and networking, offering a platform for entrepreneurs, investors, policymakers, educators, and business leaders to connect, share ideas, and forge partnerships. From startup founders showcasing their innovations to students taking their first steps into the entrepreneurial world, GEW fosters a…
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…
Beyond Talk, Into Action: Mumbai’s World AI Show Drives Real AI Change
The 43rd global edition of the World AI Show in Mumbai came to a resounding conclusion, bringing together top-notch tech leaders, government officials and policy makers to examine the next steps in the adoption of Generative AI and how it lays the groundwork to empower AI. The grand event was held on the 24 October at Hotel Sahara Star, which provided a platform to showcase next-gen innovations, practical use cases, and AI-driven solutions across industries. The conference featured engaging panel discussions, insightful keynote presentations, and impactful addresses, all highlighting the…
