Aditya Pran Mahanta

News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

News and Trends

Harnessing the Power of Machine Learning: Amazon India Smbhav Summit

The insights shared by Rastogi and Somareddy reflect Amazon's unwavering commitment to leveraging AI and ML to revolutionize e-commerce. By focusing on customer convenience, empowering small sellers, and addressing broader challenges like food wastage, Amazon demonstrates how technology can be a force for good.

News and Trends

Tech Giants and MSMEs: Friends or Foes In the Digital Ecosystem?

The dominance of tech giants presents both opportunities and challenges for MSMEs. While these platforms provide essential tools and global reach, their control over key digital infrastructures often creates significant barriers for smaller businesses.

Technology

"We Are Known for Bringing World-Class Technology at Indian Doorsteps": Rajoo Engineers

While all segments contribute to its success, flexible packaging stands out as the highest revenue generator, accounting for 60-63 per cent of the company's total revenue.

News and Trends

Leading Financial Inclusion for MSMEs Through Innovation and Technology: Niyogin Fintech

The conversation delved into the company's dynamic growth trajectory, innovative approaches, ambitious plans, and how it addresses the needs of underserved MSMEs

News and Trends

Auto Industry has Grown From INR 7 Lakh Crore to INR 22 Lakh Crore, Ranking Third Globally: Gadkari

Gadkari proposed agro-processing industries and biofuel projects to create employment and increase per capita income in rural areas

News and Trends

Navigating the Energy Conundrum: A Strategic Imperative for MSMEs

This financial pressure restricts MSMEs from adopting advanced technologies or scaling their operations, ultimately affecting their market position and competitiveness. In response to this pressing challenge, MSMEs can explore several strategies to enhance energy efficiency and reduce costs.

News and Trends

Navigating the Road of Taxation: MSME Edition

While steps like GST and digital tax systems have eased some burdens, MSMEs still face significant challenges in navigating India's tax regime. Simplified processes, targeted tax relief, and technological empowerment are key to unlocking their potential.

News and Trends

Spirit of Entrepreneurs: The Past and The Prospect

Entrepreneurship is a force that drives economic growth, spurs innovation, and inspires social transformation.

Finance

MSMEs Expect to Benefit From FM's New Credit Guarantee Scheme

The INR 100 crore credit guarantee scheme is expected to serve as a vital catalyst for MSME growth and resilience by enabling businesses to secure financing without traditional barriers. Industry experts agree that this program has the potential to unlock new avenues of opportunity for MSMEs, encouraging entrepreneurship, fostering local manufacturing, and contributing to the nation's export ecosystem.

News and Trends

Trump's Triumph: A Trump Card For Indian MSMEs ?

Donald Trump's re-election may significantly impact India's micro, small, and medium enterprises (MSMEs). His stance on trade, energy, and reducing reliance on China presents opportunities and challenges.

News and Trends

How India's MSMEs are Driving Towards a Sustainable Future

The Green Climate Fund (GCF) recently approved $215.6 million to bolster climate action within India's MSME sector.

News and Trends

How Gen-Zs and e-Commerce are Transforming Consumer Behavior in India's Festive Shopping

India's festive shopping culture is not only alive but thriving in this new digital age, blending tradition with modern consumer preferences and setting new benchmarks for what's possible in the e-commerce landscape.

News and Trends

Rashi Peripherals Posts INR 11,000 Crore Revenue; Eyes Double-Digit Growth for FY25

Rashi Peripherals, achieved INR 11,000 crore in revenue for FY24 and continues to target double-digit growth. With a vast network and diversified portfolio, the company is expanding into AI, visual products, and semiconductors to drive future growth.

News and Trends

RSB Group Sets Long Term Target of INR 10,000 Crore

The company clocked in around INR 3,000 crore last year, and expects to close between INR 3,200 to INR 3,300 crore this year.