Small Business Loans: Biz2Credit.in » Indian small and medium enterprises http://blog.biz2credit.in Small business advice for financing, marketing and growing a company Tue, 22 May 2012 11:43:30 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Facebook And FICCI Jointly Collaborates For Growth Of Indian SMEs http://blog.biz2credit.in/2012/05/04/facebook-and-ficci-jointly-collaborates-for-growth-of-indian-smes/ http://blog.biz2credit.in/2012/05/04/facebook-and-ficci-jointly-collaborates-for-growth-of-indian-smes/#comments Fri, 04 May 2012 06:32:43 +0000 Biz2Credit Advisor http://blog.biz2credit.in/?p=1922 Facebook and FICCI are collaborating to enable Indian SMEs harness the power of internet and social media. Facebook and FICCI are putting in effort to further expand the Global SMB Boost program.

For Indian small and medium enterprises, there will also be trade shows, online training sessions and conferences to help SMEs learn the techniques of marketing and building social media presence. This is of real relevance following FICCIs increased focus on SME innovation and growth.

Currently, India has 6400 industrial clusters out of which 6000 are “low tech” ones. Adoption of poor technology is a major reason for substandard operation and lower competitiveness in the MSME sector. So, Facebook and FCCI are striving to make technology a driving factor to enhance global competitiveness of Indian SMEs.

In order to strengthen Indian SMEs, ‘Innovation’ is the key theme. SMEs have recently strived to highlight innovative practices that are prevalent in the entire world and adapt them in the Indian context. Facebook has been of immense help to make entrepreneurs understand global markets and simultaneously identify new markets in India.

Currently, in India there are 46 million Facebook users and they finds significant possibilities of growth similar to what is possible in Europe. Social media creates new jobs, propels growth, and redefines business prospects. This partnership of FICCI and Facebook will now bring the same experience to India.

Biz2Credit Logo This article was submitted by Raj Tulshan, Director of Business Development of Biz2Credit. Biz2Credit is a small business marketplace that connects entrepreneurs with financing options and advice to grow their business. Send all questions to info@biz2credit.in

]]> http://blog.biz2credit.in/2012/05/04/facebook-and-ficci-jointly-collaborates-for-growth-of-indian-smes/feed/ 0 Interest rate relief for small business owners! http://blog.biz2credit.in/2009/01/15/interest-rate-relief-for-small-business-owners/ http://blog.biz2credit.in/2009/01/15/interest-rate-relief-for-small-business-owners/#comments Thu, 15 Jan 2009 07:40:46 +0000 Biz2Credit Advisor http://www.biz2credit.in/blog/?p=317 All 28 public sector banks have reduced interest rates. While Indian small and medium enterprises will receive a reduction of 50 basis points, micro enterprises will receive a rate reduction totalling 100 basis points in interest.

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