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Tag: Challenges faced by Indian SMEs

Budget 2017: What’s in it for SMEs

By on April 18, 2017 in Announcement with 0 Comments
Budget 2017: What’s in it for SMEs

On the 1st of February, finance minister Mr. Arun Jaitley delivered his penultimate budget in Lok Sabha. As it happens with every other budget, a lot was expected from him, with the recent upheavals in the financial sector( demonetization being a notable one) ensuring the expectations from the finance minister were sky high this year […]

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ICT Tools Essential for Improving SMEs Competitiveness

By on April 2, 2014 in SMEs Insights with 0 Comments
ICT Tools Essential for Improving SMEs Competitiveness

Indian SMEs are the so-called backbone of the Indian Industrial sector and they are increasing the Industrial production and employment in India with every passing minute.Though SMES are doing pretty well job in the terms of production but they face various challenges in the International market. The one of the main reason for the failure […]

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Challenges Faced by SMEs in India

By on March 22, 2014 in SMEs Insights with 0 Comments
Challenges Faced by SMEs in India

There are over 300 million Small and Medium Enterprises (SMEs) in India. SMEs are being considered as the backbone on Indian economy. SMEs employees 40% of the total workforce in India and had contributed 7.9% in GDP for the financial year 2012-2013 (according to the Economic Survey of India). SMEs are growing at a fast […]

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