MSME Sector employment
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Opportunity India Desk Nov 08 2023 - 3 min readThe Udyam portal has recently reached a milestone with over 15 crore jobs reported by micro, small, and medium enterprises (MSMEs) registered on the platform. Out of this total, 3.06 crore registrations came directly through the portal, contributing 13.86 crore jobs, including 3.41 crore women employees. Additionally, 1.17 crore jobs were reported by ...
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Opportunity India Desk Oct 10 2023 - 4 min readApproximately 68 per cent of the 635 UK-based companies operating in India fall under the category of micro, small, and medium enterprises (MSMEs). Notably, 60 per cent of these UK-affiliated MSMEs are headquartered in London, according to the findings of the ‘Britain Meets India 2023’ research, jointly conducted by Grant Thornton and the ...
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Opportunity India Desk Nov 18 2021 - 2 min readSmall Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has entered into collaboration with Google for having a social impact lending programme with financial assistance up to Rs. 100 lakh at competitive interest rates targeted at micro enterprises. This ...
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Franchise India Bureau Dec 11 2018 - 1 min readLicious, fresh meat and seafood brand, has raised $25 million in a Series-D round led by Japan's Nichirei Corp. The fund raising round has also seen participation from existing investors including 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, UCLA, Sistema Asia Fund. Licious said, "With plans of opening operations in the ...
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Shahram Warsi Jul 02 2018 - 3 min readMSME is the pillar of economic growth of many developed and developing countries in the world, playing a prominent role in terms of generation of employment opportunities. MSME has employed more than 50 million people, balancing the distribution of wealth, and contributing to India’s GDP. Despite infrastructural problems and lack of proper market ...