Olusegun Obasanjo, the Nigerian President, is on a tour to India. The Nigerian President wants to further expand the bilateral trade between both the nations that currently hovers at SD13 billion. Nigerian businessmen comprising a nine-member delegation has also accompanied Obasanjo to India.

The aim of Obasanjo's visit is to promote 'bilateral economic synergy' makes it evident that the Indian SMEs ...

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Indian MSMEs dealing with leather and leather exports have been increasingly in trouble in recent times for the decline in demand of leather products in domestic market. The concern is grim keeping the global slump and depreciation of rupee into consideration. But there is also a ray of hope and reason to cheer. It comes ...

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20
Feb

Emphasis Laid On IT Sector For SME Growth

By Biz2Credit Advisor

Ajay Kumar, secretary Ministry of Information and Technology, thinks that IT is the right tool so as to innovate and make a difference felt in the SME space. IT plays a great role in dissemination of information and helps in better management of MSMEs.

The way of functioning of businesses has changed today as the Indian economy is writing a ...

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The 'SME Leaders Conclave' is an informative panel discussion and presentations held in New Delhi and Mumbai to provide guidance, mentoring and advice to SMEs. The conclave mentors SMEs to overcome challenges that they are facing in today’s economy. SMEs are the backbone of Indian economy as they are responsible for 45% industrial output, 17% GDP and 40 % exports.

...

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ASEAN countries such as China, Bangladesh, Sri Lanka provide good opportunity for growth of Indian SMEs. The Indian SMEs should take advantage of this situation by addressing the problems of these markets. SMEs need to be very innovative to take advantage. They have to identify local needs and keep up with changes as per market demand.

The Federation of Indian ...

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