Category: SMEs

The Year 2024: A Transformational Year for MSMEs in India

3 January 202531 January 2025 Svetlana M No Comments

The Ministry of Micro, Small, and Medium Enterprises (MSME), Government of India, has concluded a groundbreaking year in 2024, marked by significant achievements, innovative initiatives, and strategic collaborations. With over 6.3 crore enterprises, the MSME sector continues to play a vital role in the Indian economy, second only to agriculture in terms of employment generation….

FEATURED, Reviews, SMEs

Dr. Manmohan Singh: A Visionary Economist and Architect of Industrial Reforms

28 December 202428 January 2025 Perumal Koshy No Comments

Manmohan’s contributions to the India’s industrial economy is often perceived by the popular media in terms of the New Industrial Policy(1990);in fact, it was more broadbased. Beyond his roles as a bureaucrat-turned-politician, Dr. Singh inspired generations of budding economists.

FEATURED, News, SMEs, TOP STORIES

India MSME Report 2024 Unveiled in Kochi: Empowering Small Enterprises for Future Growth

17 December 202431 January 2025 Perumal Koshy No Comments

India MSME Report 2024, by ISED Small Enterprise Observatory, is India’s only comprehensive MSME reference document. It explores technology, finance, solopreneurship, and the Vision MSME 2047 roadmap, while analyzing entrepreneurship trends, labor markets, and MSME linkages. Positioned as a strategic tool for economic growth, the report highlights MSMEs as engines of economic resilience, delivering key…

FEATURED, News, Reports, SMEs, TOP STORIES

Empowering Women Entrepreneurs: The Surge of Women-Owned MSMEs in India

16 December 202428 January 2025 Svetlana M No Comments

Since the revised definition of Micro, Small, and Medium Enterprises (MSMEs) was adopted on July 1, 2020, India has witnessed a significant increase in women-owned MSMEs. As of November 30, 2024, a total of 22,073,675 women-owned MSMEs have registered on the Udyam Registration Portal (URP) and the Udyam Assist Platform (UAP). State-wise Distribution and Highlights…

FEATURED, SMEs, TOP STORIES

UK SMEs Confident About 2025 Growth, Driven by Local Connections

11 December 202411 December 2024 Editor No Comments

A new Aviva survey reveals that an impressive 89% of UK small and medium enterprises (SMEs) are optimistic about expanding their businesses in 2025. This confidence is fueled by strong ties to their local communities, which 75% of SMEs credit as a key factor in their success. Local talent emerges as a game-changer, with 91%…

Business, FEATURED, News, SMEs, TOP STORIES

Review: A Study of MSMEs in Iraq

11 December 202411 December 2024 Editor No Comments

The Study of MSMEs in Iraq presents a commendable and systematic approach to understanding the micro, small, and medium enterprises (MSMEs) landscape in a country undergoing significant economic transformation. Conducted by Iraq’s Central Statistical Organization (CSO) in collaboration with the United Nations Development Programme (UNDP) and funded by USAID, the study reflects a meticulous effort…

Reviews, SMEs

Solutions+ Launches Project Decarb 2.0: Empowering Abu Dhabi SMEs to Lead the Net Zero Journey

5 December 20245 December 2024 Editor No Comments

Abu Dhabi, UAE – December 5, 2024: In a pioneering move to accelerate sustainability efforts across Abu Dhabi’s business landscape, Solutions+, a Mubadala company, has announced the launch of Project Decarb 2.0. This ambitious initiative is designed to support small and medium-sized enterprises (SMEs) in their decarbonization efforts, aligning with the UAE’s Net Zero by…

Business, Enviornment, ESG, SMEs

Abu Dhabi Business Week: 10,000+ Global Leaders Unite to Shape the Future of Innovation and Success!

5 December 20245 December 2024 Editor No Comments

Abu Dhabi, 4 December 2024: Abu Dhabi Business Week (ADBW) made a grand debut under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. With over 10,000 participants attending on its first day, the event, organized by the…

AI, Business, FEATURED, SMEs, TOP STORIES, TOP VIDEOS

NCVET Recognizes IN-SPACe as Awarding Body to Boost Skill Development in Space Sector

4 December 202417 December 2024 Svetlana M No Comments

New Delhi, December 3, 2024: In a significant move to strengthen India’s vocational education and training ecosystem, the National Council for Vocational Education and Training (NCVET) under the Ministry of Skill Development and Entrepreneurship (MSDE) has recognized the Indian National Space Promotion and Authorization Center (IN-SPACe) as a Dual Awarding Body. The agreement, signed in…

News, Reviews, Skill Development, SMEs

Rethinking Work Hours: The Case for Balance in SME Growth Strategies?

25 November 202425 November 2024 P. KOSHY No Comments

Overwork is more than a health risk—it’s a threat to productivity and sustainability, especially for SMEs. Studies by the WHO and ILO reveal that working 55+ hours weekly significantly raises the risk of stroke and heart disease, with 745,000 deaths linked to prolonged hours in 2016 alone. For SMEs, whose success hinges on human capital, chronic overwork leads to cognitive decline, impaired creativity, and absenteeism. The productivity paradox is clear: longer hours diminish critical thinking and problem-solving, undermining the very qualities that drive innovation and growth.

FEATURED, Human Capital, Opinion, SMEs