Of the 52 crore loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY), 78% belong to the Shishu category (loans up to ₹50,000), which is typically constituted of first-time entrepreneurs1. This rise highlights India’s expanding base of new micro-entrepreneurs and... View Article
India recorded a score of 64.2 on the Reserve Bank of India’s (RBI) Financial Inclusion Index at the end of March 2024. This composite index, developed by the RBI, measures the extent of financial inclusion across the country on a... View Article
The United States remained India’s largest trading partner in 2024, with total bilateral goods trade reaching approximately $129.2 billion. US exports to India stood at $41.8 billion—an increase of 3.4% ($1.4 billion) from 2023—while imports from India rose by 4.5%... View Article
In the past five years, India has witnessed a remarkable 310% increase in patent filings by MSMEs and startups—from 1,492 filings in 2018–19 to 6,120 in 2023–241. The surge highlights two key factors: the growing awareness of Intellectual Property Rights... View Article
A Guide for MSME Success in the Industry 4.0 Era India’s industrial sector is poised for significant expansion, propelled by the transformative power of Industry 4.0 (the fourth industrial revolution), and a strategic government push through capital expenditure and Production-Linked... View Article
The world of manufacturing is defined by consistent orders coming in that are driven by seasonal demand, changing market trends, and the confidence of repeat customers. In such a scenario, timing becomes everything. For small and mid-sized manufacturers, to meet... View Article
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