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Blog.power2sme.com news digest

  • 9 years

    Driving Efficiency in Raw Material Procurement

    A robust procurement process can help unlock the potential of SMEs, which play a major role in generating employment opportunities and boosting economic growth
    Access to raw materials makes a significant difference to the operational efficiency of Small And Medium Enterprises (SMEs) in the manufacturing sector. Procurement of raw materials, once considered a planned necessity, has evolved into a long-term,...

  • 9 years

    World Bank Gives Nod to $500 Million for MSME Finance In India

     MSMEs account for more than 80% of total industrial enterprises, produce over 8,000 value-added products and employ an estimated 60 million people
    Mumbai: The World Bank on Monday said it had approved a $500 million to finance micro, small and medium enterprises (MSMEs) in the manufacturing and services sector in India. The international development finance agency will finance these firms through...

  • 9 years

    What It Means For Start-Ups To Be Global Leaders

    Disruptive and innovative global products are the only way out to establish global dominance
    Bengaluru: Avekshaa Technologies, started in 2011, has brought in a paradigm shift in the way Performance, Availability, Security and Scalability (P-A-S-S) requirements are delivered for Business Critical Applications and IT systems through a proactive...

  • 9 years

    Six More Incubation Centres For MSMEs in Karnataka

    Bengaluru: Government has decided to increase the number of incubation centres in Karnataka from four to 10 as part of its efforts to boost the micro, small and medium enterprises (MSME) sector, Union Minister for MSME Kalraj Mishra said today.
    “We have decided that we will run 500 incubation centres in the country; today on women’s day I’m announcing that in Karnataka we will be have 10 incubation centres, and as of now there are only four,” he said....

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