According to the Ministry of MSMEs, the Government of India has decided to allocate Rs.2500 crore technology upgradation fund for MSME sector. This fund will be created next year when the 12th Five-Year plan starts. This fund will help the…
ICT Tools for Indian MSMEs to Increase Efficiency in the Business
It is found that the micro, small, and medium enterprises (MSMEs) in India are still shying away from using Information and Communication Technology (ICT) tools to introduce efficiencies. Most of the MSMEs like play schools, business partners, florists and many…
Poor Technology and Infrastructure are Crippling Indian MSME Clusters
According to Federation of Indian Small and Medium Enterprises (FISME), Indian Micro, Small and Medium Enterprises clusters encounter many challenges, among which lack of infrastructure and technology are the major ones. The MSMEs in India are present in different groups.…
Smart Phone is a New Tool for the Growth of Indian SMEs
Smart phones have become a new tool for Indian SMEs sector. Nearly 54% of the Indian medium enterprises having 100-999 employees were found to use smart phones for their business growth. The spending for such smart phones penetration, as per…
Indian SMEs Demand PSUs to Procure Minimum 20% of Requirements from them
The Public Sector Units (PSUs) were demanded by the small and medium business units of India to procure a minimum of 20% of their requirements from the SME sector. They proposed the government to make it mandatory for purchasing the…
CII Launches Vendor Development Scheme for SMEs
According to the Confederation of Indian Industry (CII), micro, small and medium enterprises (MSMEs) were being given new opportunities from leading companies such as such as Bajaj Auto, Hindustan Unilever (HUL), Ashok Leyland, Tata Motors, Nestle and Hero Honda which…
Branded Vs Assembled PC Purchase for SMEs – Part 3
In the earlier articles, we discussed the advantages and disadvantages of good branded PCs and assembled PCs built with quality components. Here, we will examine assembled PCs. Specifically, assembled PCs built using components that are lower than standard quality. Assembled…