Over the past decade, India has climbed from 142nd in ease of doing business in 2015 to 63rd by 2020. It also moved from 43rd position in 2020 to 39th position in the World Competitiveness Index 2024. This is owing... View Article
Approximately 59% of consumers say they are more likely to buy new products from a brand they trust—even if it’s not the cheapest option. This statistic highlights the importance of branding for businesses. However, for MSMEs, especially those in India’s... View Article
India’s current climate policies are projected to reduce carbon dioxide emissions by around four billion tonnes between 2020 and 2030, and drive a 24% reduction in coal-based power generation. This is being supported by various measures being implemented by various... View Article
Top Reasons for Indian MSMEs to Adopt Lean Manufacturing Indian MSMEs have saved over ₹98 crore, improved productivity by up to 27%, and reduced defects by 73% across 347 pilot units under the government’s Lean Manufacturing Competitiveness Scheme (LMCS) [1].... View Article
The percentage of MSME loans overdue by 90 to 720 days dropped to 2.3% in Q2 FY24. This marks the lowest delinquency rate observed in the past two years, indicating responsible repayment behavior among MSMEs. This improvement is a positive... View Article
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
“I wanted to invest in my business so I applied and got a loan of 2.5 lakhs within 48 hours. I was very happy I got the funds when I needed them. Thanks to Protium!”
