Even as economy has largely recovered from shocks of demonetisation and GST, micro enterprises with borrowings of under Rs 10 lakh are yet to fully recover
Along the same lines, the nod to the ‘start-up ecosystem’ in the country is a major positive. This is the first time such language has made its way into the budget...
Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.
Anwar Shirpurwala, executive director, MAIT, said, "The initiative of the new Government is extremely encouraging, especially its focus on the manufacturing sector. However, what is needed is a clear roadmap for implementation."
Finance Minister's comment that many Indian SMEs were run by members of the Scheduled Castes (SC), Scheduled Tribes (ST) and Other Backward Castes (OBC) was a patronising comment, believed Greyhound Research Chief Analyst Sanchit Vir Gogia.
Built for Indian small businesses, ThinkPad Edge E431 can be equipped with 16 GB memory and comes with built-in dual array microphone that enhances VOIP with advanced noise cancellation.
BizOne is available on the cloud and with a low cost of subscription ideal for SMEs.
Remote Managed IT Services act as future 'growth engine', displaying a much faster growth rate vis-a-vis its on-premise counterparts, says AMI.
Emkor to offer Citrix solutions - Application Virtualisation, Hosted Shared Desktop and Virtual Desktop Infrastructure.
Check Point has launched its new 600 Appliances, delivering powerful Fortune 100 security to protect SMEs against the latest cyber attacks.
SME clusters perform well economically due to various factors such as proximity to raw material sources, suppliers and business partners, better coordination within members of the value-chain etc.
The focus on SMEs and start-ups will definitely help to boost entrepreneurship in the country, says NASSCOM.