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Jaipur (Rajasthan) [India], July 19 (ANI): The <keyword id="6375844" type="General" weightage="20" keywordseo="ministry-of-micro" source="Orion">Ministry of Micro</keyword>, <keyword id="6375845" type="General" weightage="20" keywordseo="small-and-medium-enterprises" source="Orion">Small and Medium Enterprises</keyword> launched a new initiative called the 'Yashaswini' initiative under the '<keyword id="22467687" type="General" weightage="20" keywordseo="Empower-Her-Udan" source="Orion">Empower Her Udan</keyword>' campaign on Thursday, July 18, to encourage and support women entrepreneurs across the country.<br /><br />Under this campaign, the first phase is set to start on Friday, July 19, in Jaipur.<br /><br />According to the Director of <keyword id="6358354" type="General" weightage="20" keywordseo="MSME" source="Orion">MSME</keyword>, <keyword id="657556" type="General" weightage="20" keywordseo="Ankita-Pandey" source="Orion">Ankita Pandey</keyword>, around 600 women entrepreneurs in the state will be participating in the event, which will start at the <keyword id="14599491" type="General" weightage="20" keywordseo="Rajasthan-International-Centre" source="Orion">Rajasthan International Centre</keyword> today.<br /><br />Pandey said that the initiative is being introduced to provide a formal education for women operating commercial enterprises, along with creating awareness among them of all the <keyword id="7776964" type="General" weightage="20" keywordseo="MSME-schemes" source="Orion">MSME schemes</keyword> they can utilise.<br /><br />"The initiative is to introduce formal education for the women who operate commercial enterprises, along with creating awareness among them to utilise all the MSME schemes,' she said.<br /><br />Pandey further mentioned that women can register at different stalls at the centre based on the skills they require to develop to run an enterprise, including training, capacity building, how to make full use of their capital, how to get market access, how to develop their product, and also how to do digital marketing.<br /><br />She also mentioned that this will not be a one-day event and that workshops will be organised at local MSMEs for further development.<br /><br />"This is not a one-day event; it will be a continuous process and training workshops will also be organised at local MSME organisations for further development in this matter," she said.<br /><br /><keyword id="22467688" type="General" weightage="20" keywordseo="Union-Minister-for-MSME" source="Orion">Union Minister for MSME</keyword> Jitan Ram Manjhi, Union Minister of State for MSME Sobha Karandlaje, Chief Minister of Rajasthan Bhajan Lal Sharma and State Cabinet Minister Colonel Rajyavardhan Singh Rathore will be participating at the event today. <br />

MSME launches Yashaswini Initiative to support women entrepreneurs; First phase to start on July 19 in Jaipur

The <keyword id="19987636" type="General" weightage="20" keywordseo="Bihar-government" source="keywords">Bihar government</keyword> is making serious efforts to give a fillip to <keyword id="23049947" type="General" weightage="20" keywordseo="small-scale-and-medium-enterprises" source="Orion">small-scale and medium enterprises</keyword> which would play a crucial role in the overall <keyword id="352701" type="General" weightage="20" keywordseo="economic-development" source="Orion">economic development</keyword> of the state, a top official of the Industries department said. Around Rs 2,900 crore have been disbursed to nearly 74,540 beneficiaries under two schemes, one of which was launched only last year, for promoting Micro, Small and Medium Enterprises ( <keyword id="19910977" type="General" weightage="100" keywordseo="MSMEs" source="keywords">MSMEs</keyword>) in the state, the official said. <br /><br /><keyword id="19903647" type="General" weightage="20" keywordseo="bihar" source="keywords">Bihar</keyword> has a strong MSME base. To promote innovation ecosystem and unlock the enormous entrepreneurial potential of the state, the Mukhya Mantri Udyami Yojana (MMUY) and <keyword id="23049946" type="General" weightage="20" keywordseo="Bihar-Laghu-Udyami-Yojana" source="keywords">Bihar Laghu Udyami Yojana</keyword> (BLUY) were launched in 2018 and 2023 respectively focusing on promotion of MSMEs in the state. <br /><br />"A total of Rs 2,697 crore was disbursed to 34,441 beneficiaries from 2018 till now under MMUY. Similarly, till date Rs 200 crore of the first instalment has been disbursed to 40,099 beneficiaries under BLUY", Secretary, Department of Industries, Bandana Preyashi told PTI. <br /><br />On the one hand, Bihar is getting big ticket investments for major manufacturing units and on the other hand, the state government is also enabling an ecosystem where the MSMEs can thrive on the ground level for the benefit of the rural economy, Preyashi said. <br /><br />The Bihar Laghu Udyami Yojana aims to provide job opportunities to at least one member of poor families whose monthly income is less than Rs 6,000 a month, she said. <br /><br />The state government is providing Rs 2 lakh to each beneficiary in three instalments to set up and run micro and small industrial and processing units, Preyashi said. <br /><br />The government's objective is promotion of MSMEs through awareness, training and handholding support, the Industries secretary said. <br /><br />The state government is encouraging entrepreneurs and investors through the provision of a safe and sound work environment and basic infrastructural facilities which include land, roads, electricity, and water availability, she said. <br /><br />The Industries secretary further said, "With new policies of the state government, Bihar is witnessing significant investment promotion activities, reinforcing its position as an emerging business and industrial hub in the country. During the Bihar Business Connect 2023, 278 companies signed MoUs, committing to investments totalling Rs 50,530 crore." the secretary said. <br /><br />The state government has implemented the Bihar Industrial Investment Promotion Policy (BIPP), Bihar Logistics Policy 2023, Ethanol Production Incentive Policy 2021 and Textile and Leather Policy 2022 to promote industrial growth and investment in the state. <br /><br />"Under these policies, stage-1 clearance was given to 481 applications, with a proposed investment amount of Rs 4,512.85 crore. A total of 175 units were given clearance for financial incentives with an investment of Rs 2,195.10 crore, an all-time high, since the inception of the state investment promotion policies," she said. <br /><br />In 2023-24, 255 startups were recognized in the state and a total of Rs 11.92 crore has been disbursed as seed funding to these startups. From April 2023 to January 2024, Bihar Industrial Area Development Authority (BIADA) allotted plots/sheds to 427 units having a total investment size of Rs 6,145 crore covering 492 acres of land and also creating 35,224 employment in the state, said the secretary. <br /><br />"Infrastructure development in industrial areas was given top priority. Funds of Rs 409.33 crore were approved under Part I and Rs 212.68 crore for construction of unity mall under special assistance to states in 2023-24. In the current financial year of 2024-25,149 units have been granted stage I clearance for a proposed investment amount in Rs 3,950.48 crore in Bihar State Investment Promotion Board", she said. <br /><br />At present, Bihar's proposal to establish a multi-sector Special Economic Zone (SEZ) in Nawanagar and Kumarbagh has been approved by the Government of India. "Authorities concerned are also working on the establishment of Export Promotion Councils (EPCs) in Bihar that will help Bihari Exporters to expand their businesses to international markets", said the secretary. <br /><br />Bihar Chief Minister <keyword id="19907431" type="General" weightage="20" keywordseo="nitish-kumar" source="keywords">Nitish Kumar</keyword> on August 3 this year laid the foundation stone for Rs 1,600 crore cement grinding unit of Ambuja Concrete North Private Limited, a subsidiary of Adani group's Ambuja Cements, in Warisaliganj block in Nawada district. <br /><br />This is considered the largest investment in the state by a cement industry player. <br /><br />"The project is expected to create 250 direct jobs and 1,000 indirect jobs on the site. The project will meet the growing infrastructure needs of Bihar. Adani Group has decided to invest additional Rs 5,500 crore in Bihar in various sectors, including cement manufacturing (in Muzaffarpur), logistics (near Patna) and projects related to agro-industry in Araria, Kishanganj and Begusarai. A total of 40,000 employment will be generated by these investments", said the statement issued by the CMO after the conclusion of the event on August 4.

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries for promoting MSMEs: Official

Small and medium enterprises (<keyword id="20086849" type="General" weightage="20" keywordseo="SMEs" source="keywords">SMEs</keyword>) are driving a major surge in <keyword id="21881529" type="General" weightage="100" keywordseo="job-applications" source="keywords">job applications</keyword> across key sectors, with more than 35 million job applications recorded in the first eight months of 2024, according to a report by jobs and professional networking platform apna.co. The growth is fueled by rising demand in sectors like BFSI (Banking, Financial Services, and Insurance), BPO (Business Process Outsourcing), and hospitality.<br /><br />The report highlights that the surge in job applications is largely for roles such as Sales &amp; Marketing Managers, Accounting Technicians, Telecallers, Back Office Executives, and Business Development Associates. These positions are critical for the expansion of businesses in these sectors, and the growing demand reflects a strong upward trend in hiring.<br /><br />"SMBs and MSMEs employ more than 110 million people, making them the backbone of our economy. Their success is crucial for our nation's journey towards achieving a USD 5 trillion economy," said Nirmit Parikh, Founder &amp; CEO of apna.co. Parikh emphasised that the demand for skilled workers in these sectors is expected to continue growing, creating vast opportunities for <keyword id="20019820" type="General" weightage="20" keywordseo="job-seekers" source="keywords">job seekers</keyword> across India.<br /><h2>Major growth in Tier-2 and Tier-3 cities</h2>An interesting trend noted in the report is that over 55% of the total job applications for SMB roles came from tier-2 and tier-3 cities, including Jaipur, Indore, Ahmedabad, Lucknow, Kochi, and Bhubaneswar. As businesses expand into these cities, the talent pool is evolving to meet the growing demand, fostering a symbiotic relationship between employers and job seekers.<br /><br />Out of the 35 million job applications received, 14 million came from women, marking a 30% year-on-year increase in female participation. Women are increasingly taking on roles across diverse fields like finance, accounts, marketing, and graphic design, reflecting their rising involvement in the workforce.<br /><br />As SMEs and MSMEs continue to grow, the <keyword id="19972727" type="General" weightage="20" keywordseo="employment-opportunities" source="keywords">employment opportunities</keyword> they generate are set to further contribute to India’s economic goals, fueling progress toward the USD 5 trillion economy target.<br /><br /><em>(With inputs from PTI)</em><br />

Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report

<ul><li><cmsannotation type="cmsannotation" annotationid="about" comment="event_nav" text="About the Summit"><span data-til="noop">About the Summit</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="themes" comment="event_nav" text="Themes"><span data-til="noop">Themes</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="who_will_attend" comment="event_nav" text="Who will Attend"><span data-til="noop">Who will Attend</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="agenda" comment="event_nav" text="Agenda"><span data-til="noop">Agenda</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="why_attend" comment="event_nav" text="Why attend"><span data-til="noop">Why attend</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="videos" comment="event_nav" text="videos"><span data-til="noop">videos</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="contactus" comment="event_nav" text="Contact us"><span data-til="noop">Contact us</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="insights" comment="event_nav" text="Insights"><span data-til="noop">Insights</span></cmsannotation></li></ul><cmsannotation type="cmsannotation" annotationid="video" comment="top_panel" text="https://slike-i.akamaized.net/3q/m9/3n3qm9l66u/720p_1600.mp4"><span data-til="noop">https://slike-i.akamaized.net/3q/m9/3n3qm9l66u/720p_1600.mp4</span></cmsannotation><br /><cmsannotation type="cmsannotation" annotationid="About the Summit" comment="about_title" text="About the Summit"><span data-til="noop">About the Summit</span></cmsannotation><br /><cmsannotation type="cmsannotation" annotationid="Description" comment="about_desc" text="The collective might of the 6.3 crore Micro, small, and medium enterprises (MSMEs) can not be overstated. They are the load-bearing pillar of the Indian, and have steadily marked their path to recovery post the pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and digital transformation has also been a game-changer. Tech has helped MSMEs resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.India’s journey towards a five trillion economy is going to be powered by these engines of innovation!At Business Insider India, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s MSME sector. MSME Exchange aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come."><span data-til="noop">The collective might of the 6.3 crore Micro, small, and medium enterprises (MSMEs) can not be overstated. They are the load-bearing pillar of the Indian, and have steadily marked their path to recovery post the pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and digital transformation has also been a game-changer. Tech has helped MSMEs resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.<br />India’s journey towards a five trillion economy is going to be powered by these engines of innovation!<br />At Business Insider India, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s <keyword id="6358354" type="General" weightage="20" keywordseo="msme" source="Orion">MSME</keyword> sector. <keyword id="4106334" type="General" weightage="20" keywordseo="msme-exchange" source="Orion">MSME Exchange</keyword> aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come.</span></cmsannotation><br /><br /><cmsannotation type="cmsannotation" annotationid="who_all_attend" comment="wwa_title" text="Who will Attend"><span data-til="noop">Who will Attend</span></cmsannotation><br /><ol><li>                    <div type="image" title="MSME investors, venture capitalists, leaders from financial institutions, think tanks and consultants" msid="101167223" hostid="261"></div></li><li>                    <div type="image" title="Ministers, Government representatives, leaders from industry bodies" msid="101167231" hostid="261"></div></li><li>                    <div type="image" title="MSME champions &amp;amp; stars in the making - startups, innovators and entrepreneurs" msid="101167252" hostid="261"></div></li><li>                    <div type="image" title="Business leaders, owners and promoters across sectors" msid="101167300" hostid="261"></div></li></ol><cmsannotation type="cmsannotation" annotationid="themes" comment="themes_title" text="Themes"><span data-til="noop">Themes</span></cmsannotation><table class="redcator-table-advance"><tbody><tr><td>Policy</td><td>FOSTERING MSMES</td><td><ol><li>Building the right environment for MSMEs to thrive.</li><li>Deliberations on policy issues, and industry-first solutions.</li><li>Creating the ecosystem for entrepreneurship in the MSME space</li></ol></td></tr><tr><td>Finance</td><td>NEED FOR INNOVATIVE FINANCING</td><td><ol><li>Making capital affordable and accessible for MSMEs across the value chain</li><li>Direction for regulation to help strengthen MSME financing</li><li>Technology as an aid for improved financing</li></ol></td></tr><tr><td>Technology</td><td>BRAVING THE DIGITAL WORLD</td><td><ol><li>Is digital transformation the answer to challenges faced by small businesses?</li><li>SaaS and MSMEs - Using innovative business models to foster digital innovation</li><li>Hear from the best in business about tech solutions for empowering and building a competitive MSME landscape</li></ol></td></tr><tr><td>Marketing</td><td>BRAND BUILDING FOR SMES</td><td><ol><li>Omni-channel marketing for MSMEs and synergising online and offline brand building </li><li>Building customer loyalty through engagement. Adding a personal connection to marketing</li></ol></td></tr><tr><td>Social e-commerce</td><td>UNLOCKING MSMEs POTENTIAL</td><td><ol><li>From interaction to transaction - unlocking e-commece potential for Indian MSMEs</li><li>Sell and earn: Making e-commerce simple and easy for new entrepreneurs</li></ol></td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>   <br /><div type="embedgroup"><title>Videos</title> <div type="Youtube" id="W-ZBi_vVA-g" title="Promoting MSME Growth And Ease Of Doing Business" thumbUrl="https://i.ytimg.com/vi/W-ZBi_vVA-g/mqdefault.jpg"></div><payload><![CDATA[videos_top]]></payload></div><div type="embedgroup"><title>Videos</title> <div type="Youtube" id="W3LmGX6rfCY" title="Innovative Financing For MSMEs" thumbUrl="https://i.ytimg.com/vi/W3LmGX6rfCY/mqdefault.jpg"></div> <div type="Youtube" id="R2Dkr8KoOew" title="Tech Solutions Solving For MSME Problems" thumbUrl="https://i.ytimg.com/vi/R2Dkr8KoOew/mqdefault.jpg"></div> <div type="Youtube" id="iZAUFoKjkPc" title="MSMEs: The Backbone Of Indian Economy" thumbUrl="https://i.ytimg.com/vi/iZAUFoKjkPc/mqdefault.jpg"></div> <div type="Youtube" id="X4YJlFWiWQI" title="Empowering Women-Led MSMEs" thumbUrl="https://i.ytimg.com/vi/X4YJlFWiWQI/mqdefault.jpg"></div> <div type="Youtube" id="tWROVASCMoI" title="Empowering Small Businesses (MSMEs &amp;amp;amp;amp; Sustainability)" thumbUrl="https://i.ytimg.com/vi/tWROVASCMoI/mqdefault.jpg"></div><payload><![CDATA[videos_list]]></payload></div><br /><div type="embedgroup"><title>Agenda</title> <div type="Article" hostid="261" msid="101167582" title="Day 1" rank="1.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="101454766" title="Day 2" rank="2.0" mstype="2" mssubtype="0"></div><payload><![CDATA[agenda]]></payload></div><br /><div type="embedgroup"><title>Why Attend</title> <div type="image" title="Understand the challenges and opportunities that prevail in the Indian MSME landscape" rank="1.0" mstype="3" mssubtype="0" msid="101159833" hostid="261"></div> <div type="image" title="Engage with expert speakers, industry captains, lenders, entrepreneurs and gain insights into their journeys and the road ahead" rank="2.0" mstype="3" mssubtype="0" msid="101159819" hostid="261"></div> <div type="image" title="Listen, learn from the brightest minds working to find real life solutions – the thinking that we need to supercharge the backbone of India’s economy - MSMEs" rank="3.0" mstype="3" mssubtype="0" msid="101159803" hostid="261"></div><payload><![CDATA[why_attend]]></payload></div><br /><bulletContentEmbed name="Contact us" columns="1"><bulletContentHeading name="Contact us_head"></columnHeadThumb>Contact us</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Contact us_body"><bulletContentRow name="Contact us_9517658605537691"><bulletContentRowHeading><bulletContentRowHead col="1">Become a Partner</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><strong>Maninder Kumar - Head, Brand Partnerships<br /></strong><a href="mailto:maninder@businessinsider.in"><strong>Maninder Kumar</strong></a></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[contactus]]></payload></bulletContentEmbed><br /><div type="embedgroup"><title>Previous Edition Speakers</title> <div type="image" title="Sudarshan Chari" rank="1.0" mstype="3" mssubtype="0" msid="101215842" hostid="261"></div> <div type="image" title="Rahul Kothari" rank="2.0" mstype="3" mssubtype="0" msid="101215804" hostid="261"></div> <div type="image" title="Sameer Jain" rank="3.0" mstype="3" mssubtype="0" msid="101215759" hostid="261"></div> <div type="image" title="Ankur Warikoo" rank="4.0" mstype="3" mssubtype="0" msid="101215670" hostid="261"></div> <div type="image" title="T Koshy" rank="5.0" mstype="3" mssubtype="0" msid="101215630" hostid="261"></div> <div type="image" title="Rajnish Kumar" rank="6.0" mstype="3" mssubtype="0" msid="101215599" hostid="261"></div><payload><![CDATA[past_speakers]]></payload></div><br /><br /><div type="embedgroup"><title>Insights</title> <div type="Article" hostid="261" msid="96728596" title="The IPO momentum will continue in 2023 at least for small IPOs: Prime Database" rank="1.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="96618323" title="Small is the new big: SME IPOs double in 2022, while mainboard IPOs halve" rank="2.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="92055240" title="This startup has a solution for other startups suffering from funding slowdown" rank="3.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="92485293" title="MSMEs can aid waste management in India but need more hand holding" rank="4.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="93027479" title="Financial Institutions Turning Towards MSME Lending" rank="5.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="92598320" title="MSMEs run on promoter’s savings and need insurance as much as other businesses" rank="6.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="92848620" title="Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it" rank="7.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="92994870" title="Aditya Birla group to spend ₹2,000 crore on an MSME e-commerce venture" rank="8.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="93138395" title="India’s newly digitized MSMEs need offline marketing as much as online" rank="9.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="93323188" title="This startup is building infrastructure to automate and ease the process of giving out small biz loans" rank="10.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="93457388" title="MSME credit demand jumps 60% from pre-pandemic levels – a sign of rebound in economic activity" rank="11.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="94304823" title="IIT Guwahati starts incubation centre to help its students turn entrepreneurs" rank="12.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="95780667" title="Over 50% of microbusinesses had no mechanisms to cushion Covid impact, Road to Recovery report says" rank="13.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="95142442" title="Women-led Kinara Capital raises Rs 200 cr to empower MSMEs in India" rank="14.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="95575042" title="Union Bank, Tata Power Renewable join hands to help MSMEs switch to solar" rank="15.0" mstype="2" mssubtype="0"></div><payload><![CDATA[insights]]></payload></div><br />

MSME Season 4

<ul><li><cmsannotation type="cmsannotation" annotationid="about" comment="event_nav" text="About"><span data-til="noop">About</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="themes" comment="event_nav" text="Themes"><span data-til="noop">Themes</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="who_will_attend" comment="event_nav" text="Who will Attend"><span data-til="noop">Who will Attend</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="agenda" comment="event_nav" text="Agenda"><span data-til="noop">Agenda</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="why_attend" comment="event_nav" text="Why Attend"><span data-til="noop">Why Attend</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="videos" comment="event_nav" text="Videos"><span data-til="noop">Videos</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="partners" comment="event_nav" text="Partners"><span data-til="noop">Partners</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="contactus" comment="event_nav" text="Contact us"><span data-til="noop">Contact us</span></cmsannotation></li><li><cmsannotation type="cmsannotation" annotationid="insights" comment="event_nav" text="Insights"><span data-til="noop">Insights</span></cmsannotation></li></ul><cmsannotation type="cmsannotation" annotationid="video" comment="top_panel" text="https://slike-i.akamaized.net/3q/m9/3n3qm9l66u/720p_1600.mp4"><span data-til="noop">https://slike-i.akamaized.net/3q/m9/3n3qm9l66u/720p_1600.mp4</span></cmsannotation><br /><cmsannotation type="cmsannotation" annotationid="About the Summit" comment="about_title" text="About the Summit"><span data-til="noop">About the Summit</span></cmsannotation><br /><cmsannotation type="cmsannotation" annotationid="Description" comment="about_desc" text="Micro, small, and medium enterprises (MSMEs) are a critical cog of the Indian economy, and have steadily marked their path to recovery post-pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and the rise of social commerce has been the real game-changer – helping them resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.India’s journey towards a five trillion economy is going to be powered by these engines of innovation! At BI India, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s MSME sector. Spread over two days in January, MSME Exchange aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come."><span data-til="noop">Micro, small, and medium enterprises (MSMEs) are a critical cog of the Indian economy, and have steadily marked their path to recovery post-pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and the rise of social commerce has been the real game-changer – helping them resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.<br />India’s journey towards a five trillion economy is going to be powered by these engines of innovation! At BI India, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s <keyword id="6358354" type="General" weightage="20" keywordseo="MSME" source="Orion">MSME</keyword> sector. Spread over two days in January, <keyword id="4106334" type="General" weightage="100" keywordseo="msme-exchange" source="Orion">MSME Exchange</keyword> aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come.</span></cmsannotation><br /><br /><cmsannotation type="cmsannotation" annotationid="who_all_attend" comment="wwa_title" text="Who will attend"><span data-til="noop">Who will attend</span></cmsannotation><br /><ol><li>              <div type="image" title="Government ministers, industry bodies and policy makers, leaders from finance and tech institutions" msid="100847530" hostid="261"></div></li><li>            <div type="image" title="Business leaders, owners and promoters across MSME sectors" msid="100847513" hostid="261"></div></li><li>            <div type="image" title="MSME champions &amp;amp; stars in the making - startups, innovators and entrepreneurs" msid="100847589" hostid="261"></div></li><li>            <div type="image" title="MSME champions &amp;amp; stars in the making - startups, innovators and entrepreneurs" msid="100847655" hostid="261"></div><br /></li><li><div type="image" title="ABCD" msid="101166861" hostid="261" sizebytes="108450"></div></li></ol><cmsannotation type="cmsannotation" annotationid="Themes" comment="themes_title" text="Themes"><span data-til="noop">Themes</span></cmsannotation><br /><table class="redcator-table-advance"><tbody><tr><td>Policy</td><td>Fostering MSMEs</td><td><ol><li>Fostering MSMEs small businesses are the growth engine for India’s economy.</li><li>Recent policy measures have made it easier for these enterprises to not just grow, but thrive.</li><li>We shine the spotlight on the thinking for the next decade - what needs to be done to achieve government’s $5 trillions dream.</li></ol></td></tr><tr><td>Finance</td><td>Need for Innovative Financing</td><td><ol><li>Expensive access to capital remains a major challenge for MSMEs</li><li>How can small businesses overcome this hurdle?</li><li> We discuss initiatives and solutions to solve the most critical need of the sector - funding!</li></ol></td></tr><tr><td>Technology</td><td>Braving the digital world</td><td><ol><li>Is digital transformation the answer to challenges faced by small businesses?</li><li>How can MSMEs transform and grow more?</li><li>Hear from the best in business about tech solutions for empowering and building a competitive MSME landscape</li></ol></td></tr><tr><td>Marketing</td><td>Brand Building for SMEs</td><td><ol><li>Is digital transformation the answer to challenges faced by small businesses?</li><li>How can MSMEs transform and grow more?</li><li>Hear from the best in business about tech solutions for empowering and building a competitive MSME landscape</li></ol></td></tr><tr><td>Policy</td><td>Unlocking MSMEs Potential</td><td><ol><li>Is digital transformation the answer to challenges faced by small businesses?</li><li>How can MSMEs transform and grow more?</li><li>Hear from the best in business about tech solutions for empowering and building a competitive MSME landscape</li></ol></td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table><br /><div type="embedgroup"><title>Videos</title> <div type="Youtube" id="X4YJlFWiWQI" title="Empowering Women-Led MSMEs" thumbUrl="https://i.ytimg.com/vi/X4YJlFWiWQI/mqdefault.jpg"></div><payload><![CDATA[videos_top]]></payload></div><br /><div type="embedgroup"><title>Videos</title> <div type="Youtube" id="W-ZBi_vVA-g" title="Promoting MSME Growth And Ease Of Doing Business" thumbUrl="https://i.ytimg.com/vi/W-ZBi_vVA-g/mqdefault.jpg"></div> <div type="Youtube" id="7q1LidC8UcE" title="Beyond The BoardRoom with Anish Tawakley" thumbUrl="https://i.ytimg.com/vi/7q1LidC8UcE/mqdefault.jpg"></div> <div type="Youtube" id="tWROVASCMoI" title="Empowering Small Businesses (MSMEs &amp;amp;amp; Sustainability)" thumbUrl="https://i.ytimg.com/vi/tWROVASCMoI/mqdefault.jpg"></div> <div type="Youtube" id="R2Dkr8KoOew" title="Tech Solutions Solving For MSME Problems" thumbUrl="https://i.ytimg.com/vi/R2Dkr8KoOew/mqdefault.jpg"></div> <div type="Youtube" id="iZAUFoKjkPc" title="MSMEs: The Backbone Of Indian Economy" thumbUrl="https://i.ytimg.com/vi/iZAUFoKjkPc/mqdefault.jpg"></div> <div type="Youtube" id="X4YJlFWiWQI" title="Empowering Women-Led MSMEs" thumbUrl="https://i.ytimg.com/vi/X4YJlFWiWQI/mqdefault.jpg"></div><payload><![CDATA[videos_list]]></payload></div><br /><bulletContentEmbed name="Our Partners" columns="1"><bulletContentHeading name="Our Partners_head"></columnHeadThumb>Our Partners</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Our Partners_body"><bulletContentRow name="Our Partners_9112182092463035"><bulletContentRowHeading><bulletContentRowHead col="1">Community Partners</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><div type="image" title="NASSCOM" msid="100844386" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.businessinsider.in/msme-exchange-2023&amp;quot;&amp;gt;NASSCOM&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div><br />                              <div type="image" title="BSE" msid="100844419" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.bseindia.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BSE&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div><br />                              <div type="image" title="BNI" msid="100844462" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.bni.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BNI&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div>                              <div type="image" title="Book My Show" msid="100844481" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://in.bookmyshow.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BookMyShow&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div></bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="Our Partners_4392347801648051"><bulletContentRowHeading><bulletContentRowHead col="1">Knowledge Partners</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><div type="image" title="NASSCOM" msid="100844386" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.businessinsider.in/msme-exchange-2023&amp;quot;&amp;gt;NASSCOM&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div><br />                              <div type="image" title="BSE" msid="100844419" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.bseindia.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BSE&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div><br />                              <div type="image" title="BNI" msid="100844462" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://www.bni.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BNI&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div>                              <div type="image" title="Book My Show" msid="100844481" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;a href=&amp;quot;https://in.bookmyshow.com/&amp;quot; target=&amp;quot;_blank&amp;quot;&amp;gt;BookMyShow&amp;lt;/a&amp;gt;&amp;lt;/p&amp;gt;"></div></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[partners]]></payload></bulletContentEmbed><br /><div type="embedgroup"><title>Agenda</title> <div type="Article" hostid="261" msid="100132907" title="Day 1, January 18, 2023" rank="1.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="100478979" title="Day 2,  January 19, 2023" rank="2.0" mstype="2" mssubtype="0"></div><payload><![CDATA[agenda]]></payload></div><br /><br /><div type="embedgroup"><title>Why Attend</title> <div type="image" title="Listen, learn from the brightest minds working to find real life solutions – the thinking that we need to supercharge the backbone of India’s economy - MSMEs" rank="1.0" mstype="3" mssubtype="0" msid="100154004" hostid="261"></div> <div type="image" title="Engage with expert speakers, industry captains, lenders, entrepreneurs and gain insights into their journeys and the road ahead" rank="2.0" mstype="3" mssubtype="0" msid="100153996" hostid="261"></div> <div type="image" title="Listen, learn from the brightest minds working to find real life solutions – the thinking that we need to supercharge the backbone of India’s economy - MSMEs" rank="3.0" mstype="3" mssubtype="0" msid="100153980" hostid="261"></div><payload><![CDATA[why_attend]]></payload></div><br /><br /><br /><br /><bulletContentEmbed name="Become a partner" columns="1"><bulletContentHeading name="Become a partner_head"></columnHeadThumb>Contact Us</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="Become a partner_body"><bulletContentRow name="Become a partner_5009022282610344"><bulletContentRowHeading><bulletContentRowHead col="1">Become a Partner</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><strong>Maninder Kumar - Head, Brand Partnerships<br /></strong><a href="mailto:maninder@businessinsider.in"><strong>Maninder Kumar</strong></a></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[contactus]]></payload></bulletContentEmbed><br /><div type="embedgroup"><title>Previous Edition Speakers</title> <div type="image" title="Anjali Byce" rank="1.0" mstype="3" mssubtype="0" msid="100270113" hostid="261"></div> <div type="image" title="Karan Virwani" rank="2.0" mstype="3" mssubtype="0" msid="100270087" hostid="261"></div> <div type="image" title="Anurag Malik" rank="3.0" mstype="3" mssubtype="0" msid="100269915" hostid="261"></div> <div type="image" title="Varun Duggirala" rank="4.0" mstype="3" mssubtype="0" msid="100269900" hostid="261"></div> <div type="image" title="Anjali Byce" rank="5.0" mstype="3" mssubtype="0" msid="100269887" hostid="261"></div> <div type="image" title="Karan Virwani" rank="6.0" mstype="3" mssubtype="0" msid="100269868" hostid="261"></div> <div type="image" title="Karishma Mehta" rank="7.0" mstype="3" mssubtype="0" msid="100269837" hostid="261"></div> <div type="image" title="Anurag Malik" rank="8.0" mstype="3" mssubtype="0" msid="100269570" hostid="261"></div> <div type="image" title="Dr Marcus Ranney" rank="9.0" mstype="3" mssubtype="0" msid="100269555" hostid="261"></div><payload><![CDATA[past_speakers]]></payload></div><br /><div type="embedgroup"><title>Insights</title> <div type="Slideshow" msid="100267652" hostid="261" title="Oppo F23 5G vs OnePlus Nord CE 3 Lite – which is a better phone under ₹25,000?" rank="1.0" mstype="8" mssubtype="0"></div> <div type="Slideshow" msid="74956107" hostid="261" title="100 online courses from Coursera are $0 now through May 31 - here&amp;#39;s a list of all the classes open for free enrollment" rank="2.0" mstype="8" mssubtype="0"></div> <div type="Article" hostid="261" msid="94960866" title="Maggi maker Nestlé India’s net profit grows 8.3% to ₹668 crore in Q2" rank="3.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="96956814" title="Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform" rank="4.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="100278747" title="IndianOil posts 69% drop in its standalone net profit for 2022-23" rank="5.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="70638299" title="Mukesh Ambani&amp;amp;#39;s speech at the Reliance Industries AGM had ten big takeaways" rank="6.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="100275046" title="Here’s a diesel variant that can not only save ₹1 lakh a year but can also help clean your engine" rank="7.0" mstype="2" mssubtype="0"></div> <div type="Article" hostid="261" msid="100273939" title="Jio-bp joint venture launches additive-laced premium diesel" rank="8.0" mstype="2" mssubtype="0"></div><payload><![CDATA[insights]]></payload></div><br />

MSME Exchange 2023

Automotive start-up EVTRIC Motors has unveiled its e-delivery scooter in the low-speed category at the EV Expo 2021 that will offer a range of 110 kms on a single charge.<br /><br />Showcased at the event held at Pragati Maidan in New Delhi over the weekend, the scooter can clock a speed of 25 kms per hour. It features 12-inch tubeless tyres and a loading capacity of 150 kg. The three-day event is supported by the <keyword id="11755327" type="UNKNOWN" weightage="20" keywordseo="ministries-of-road-transport">Ministries of Road Transport</keyword> and Highways, and <keyword id="11821460" type="UNKNOWN" weightage="20" keywordseo="micro-small">Micro, Small</keyword>, and Medium Enterprises (<keyword id="6358354" type="UNKNOWN" weightage="20" keywordseo="MSME">MSME</keyword>), along with <keyword id="357266" type="COMPANY" weightage="20" keywordseo="ICAT">ICAT</keyword> (International Centre for Automotive Technology).<br /><br />The scooter can cover a distance of over 110 km on a single charge with two swappable lithium-ion battery options, thus avoiding a need for frequent charging, considering the requirement in the segment.<br /><br />Homegrown automation company <keyword id="11548787" type="UNKNOWN" weightage="20" keywordseo="papl">PAPL</keyword> recently launched EVTRIC Motors to fuel the ongoing electric vehicle revolution in India.<br /><br />"It is a popular opinion that EVs are not at par with the combustion engine products. This myth has been holding back the industry. Apart from this, there is a dearth of localisation factor in most of the products flooding the market," said Manoj Patil, MD and Founder, EVTRIC Motors.<br /><br />"EVTRIC Motors has entered the market with these challenges already addressed. Now customers will enjoy locally manufactured, quality electric two wheelers and experience the difference," he added.<br /><br />The brand also showcased its recently launched products -- EVTRIC AXIS and EVTRIC RIDE -- at the three-day event.<br /><br />In the first phase, the brand will deliver e-scooters across seven cities - Delhi, Gurgaon, <keyword id="2094" type="COMPANY" weightage="20" keywordseo="Pune">Pune</keyword>, Aurangabad, Bengaluru, Tirupati and Hyderabad.<br /><br /><br /><br /><br /><strong>SEE ALSO<br /><a href="https://www.businessinsider.in/tech/news/google-is-now-using-chrome-as-another-security-layer-for-account-sign-ins/articleshow/84975356.cms">Google is now using Chrome as an added security layer for account sign-ins</a><br /><a href="https://www.businessinsider.in/stock-market/news/how-to-check-allotment-status-of-glenmark-life-sciences-ipo/articleshow/84978486.cms">Glenmark Life Sciences IPO: How to check allotment status, listing date and more</a><br /><a href="https://www.businessinsider.in/business/startups/news/freshtohome-and-bluestone-backer-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a></strong><br />

Homegrown startup EVTRIC’s electric scooter can go up to 110 kilometres on a single charge, company claims

<bulletContentEmbed name="KEYNOTE ADDRESS" columns="1"><bulletContentHeading name="KEYNOTE ADDRESS_head"><div type="image" title="100153996" msid="101454763" hostid="261" sizebytes="362444"></div></columnHeadThumb>KEYNOTE ADDRESS</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="KEYNOTE ADDRESS_body"><bulletContentRow name="KEYNOTE ADDRESS_8383652185413475"><bulletContentRowHeading><bulletContentRowHead col="1">MSMEs: The backbone of Indian economy</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><strong>Procurement, exports and enterprises are three crucial pillars for fostering the growth of small and medium size businesses. How can MSMEs boost exports and what more does the government need to do to support this sector?</strong></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed>

Day 2

<bulletContentEmbed name="KEYNOTE ADDRESS" columns="1"><bulletContentHeading name="KEYNOTE ADDRESS_head"></columnHeadThumb>KEYNOTE ADDRESS</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="KEYNOTE ADDRESS_body"><bulletContentRow name="KEYNOTE ADDRESS_0816379787827333"><bulletContentRowHeading><bulletContentRowHead col="1">MSMEs: The backbone of Indian economy</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1"><strong>Procurement, exports and enterprises are three crucial pillars for fostering the growth of small and medium size businesses. How can MSMEs boost exports and what more does the government need to do to support this sector?</strong><br /><br />          <div type="image" title="Anurag Malik" msid="100478932" hostid="261" caption="&amp;lt;p&amp;gt;National Leader&amp;lt;br&amp;gt;WAS, EY India&amp;lt;/p&amp;gt;"></div><br />          <div type="image" title="Anjali Byce" msid="100478944" hostid="261" caption="&amp;lt;p&amp;gt;CHRO&amp;lt;br&amp;gt;Sterlite Technologies&amp;lt;/p&amp;gt;"></div><br />          <div type="image" title="Dr Marcus Ranney" msid="100478992" hostid="261" caption="&amp;lt;p&amp;gt;Author &amp;amp;amp; Founder&amp;lt;br&amp;gt;Human Edge&amp;lt;/p&amp;gt;"></div><br />          <div type="image" title="Karan Virwani" msid="100479001" hostid="261" caption="&amp;lt;p&amp;gt;CEO&amp;lt;br&amp;gt;WeWork India&amp;lt;/p&amp;gt;"></div><br />          <div type="image" title="Varun Duggirala" msid="100479020" hostid="261" caption="&amp;lt;p&amp;gt;Influencer, Podcaster, Entrepreneur&amp;lt;/p&amp;gt;"></div></bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody><payload><![CDATA[04:30 - 04:40]]></payload></bulletContentEmbed>

Day 2,  January 19, 2023

<cmsannotation type="cmsannotation" annotationid="About the Summit" comment="black_heading" text="About the Summit"><span data-til="noop"><keyword id="17366482" type="General" weightage="20" keywordseo="about-the-summit" source="Orion">About the Summit</keyword></span></cmsannotation><br /><cmsannotation type="cmsannotation" annotationid="about the summit" comment="description" text="Micro, small, and medium enterprises (MSMEs) are a critical cog of the Indian economy, and have steadily marked their path to recovery post-pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and the rise of social commerce has been the real game-changer – helping them resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.India’s journey towards a five trillion economy is going to be powered by these engines of innovation! At BI India, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s MSME sector. Spread over two days in January, MSME Exchange aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come."><span data-til="noop">Micro, small, and medium enterprises (MSMEs) are a critical cog of the Indian economy, and have steadily marked their path to recovery post-pandemic. While a lot can be attributed to the government’s policy push and innovative financing solutions, technology and the rise of social commerce has been the real game-changer – helping them resolve issues, discover new markets, deal with regulatory compliances and navigate logistical challenges to drive meaningful business growth.<br />India’s journey towards a five trillion economy is going to be powered by these engines of innovation! At <keyword id="1998405" type="General" weightage="20" keywordseo="BI-INDIA" source="Orion">BI India</keyword>, we seek to highlight not just the potential, but the need for renewed thinking to supercharge the country’s MSME sector. Spread over two days in January, <keyword id="4106334" type="General" weightage="80" keywordseo="msme-exchange" source="Orion">MSME Exchange</keyword> aims to provide a platform for businesses, regulators, industry leaders, experts to come together and share ideas, talk about challenges and solutions that will transform the MSME sector for decades to come.</span></cmsannotation><br /><br />

About the summit

<ul><li><keyword id="186684" type="General" weightage="100" keywordseo="iit-guwahati" source="Orion">IIT Guwahati</keyword> sets up a technology incubation centre to encourage its students to transform their business ideas into businesses.</li><li>The centre will provide technical support, business mentoring, and a soft loan facility.</li><li>The centre also focuses on the empowerment of women in terms of entrepreneurship; it has partnered with NSRCEL-IIMB for Women Startup Program (WSP).</li></ul>To encourage its student entrepreneurs, the <keyword id="666878" type="General" weightage="20" keywordseo="Indian-Institute-of-Technology-Guwahati" source="Orion">Indian Institute of Technology Guwahati</keyword> (IITG) has created a technology incubation centre (TIC), which will provide a place for students to transform innovative ideas into viable business propositions on campus.<br /><br />The centre will also provide technical support, business mentoring, and a soft loan facility (subject to availability).<br /><br />It aims to promote advancement in science and technology, traditional knowledge and biodiversity resources; facilitate a platform for entrepreneurship and incubating research mindset for the development of society; and create an interface among researchers, technocrats, and industries. <br /><br />“IIT Guwahati through the TIC has embarked on encouraging the students, faculty, staff and other entrepreneurs to provide necessary technological guidance and convert their ideas into products and technology that will be useful to the society and make the country Atmanirbhar,” said Prof. T.G. Sitharam, director, IIT Guwahati.<br /><br />These incubated startups will work in different sectors such as robotics, information technology, water, oil sector, biotechnology, machine learning, internet of things, renewable energy, home automation and logistics, among other sectors.<br /><br />The Institute said that its incubation centre is recognised by the Ministry of <keyword id="6464993" type="General" weightage="20" keywordseo="micro" source="Orion">Micro</keyword>, <keyword id="6372449" type="General" weightage="20" keywordseo="small" source="Orion">Small</keyword>, <keyword id="4022726" type="General" weightage="20" keywordseo="and-medium-enterprises" source="Orion">and Medium Enterprises</keyword> (MSME), Government of India. The grant assistance from The <keyword id="694074" type="General" weightage="50" keywordseo="technology-development-board" source="Orion">Technology Development Board</keyword>, under the Ministry of Science and Technology, Government of India, has also been approved to support startups, it added.<br /><br />It connects to a pool of experts in terms of faculties, funding agencies such as <keyword id="56072" type="General" weightage="50" keywordseo="oil-india-limited" source="Orion">Oil India Limited</keyword> (OIL) and Numaligarh Refinery Limited (NRL), among others, and other financial institutions like Indian Bank and YES bank.<br /><br />The centre also focuses on the empowerment of women in terms of entrepreneurship; it has partnered with NSRCEL-IIMB for Women Startup Program (WSP). It has also partnered with Innovations for Defence Excellence (iDEX) in building the ecosystem for startups to interact with the Indian Defence establishment.<br /><br /><strong>SEE ALSO:<br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/fintech-company-moneyplanned-raises-over-2-5-crore-from-inflection-point-ventures-others/articleshow/94298456.cms">Fintech company MoneyPlanned raises over ₹2.5 crore from Inflection Point Ventures, others</a><br /></strong><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/is-covid-19-finally-over-in-india-this-is-what-who-and-experts-have-to-say/articleshow/94298319.cms"><strong>Is Covid-19 finally over in India? This is what WHO and experts have to say</strong></a><br />

You Searched For "medium enterprises msme" and got 10 results

MSME launches Yashaswini Initiative to support women entrepreneurs; First phase to start on July 19 in Jaipur

ANI

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries for promoting MSMEs: Official

PTI

Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report

BI India Bureau

MSME Season 4

MSME Exchange 2023

Homegrown startup EVTRIC’s electric scooter can go up to 110 kilometres on a single charge, company claims

IANS

Day 2

Day 2, January 19, 2023

About the summit

IIT Guwahati starts incubation centre to help its students turn entrepreneurs

Vaamanaa Sethi

Popular Keywords

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