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The Road ahead for Enterprises and their Vendors In India: Insights From The 2023 Union Budget
From increased credit flow to easing compliance burden, the government has proposed various steps to empower Indian enterprises and the trade ecosystem of India in the 2023 Union Budget.
Guide: How to start your export business now!
In the last few years, India has become the hotbed for sourcing and manufacturing for the world. Petroleum products, gems & jewellery, organic & inorganic chemicals, drugs & pharmaceuticals were among the leading export items. India's trade showed strong growth, with overall exports totaling USD 58.22 billion in November 2022, an increase of 10.97% compared to the same period in the previous year. But we can be so much more…
How Business Management Platforms are the Future of MSME Procurement
With the launch of the 5G Network, our government has made it clear that India’s growth will be helmed on the back of digitization. MSMEs and SMEs will greatly benefit from business management platform, specially procurement platforms, with powerful tech features to streamline and automate processes.
Where is MSME Financing heading in India
MSMEs face challenges, such as business financing, small financing, market access, and regulatory barriers that can affect the smooth functioning of a business. Governments and NBFCs often implement policies and programs to support MSME finance and address these challenges. Here are a few more detailed ways to access MSME financing for smooth business operations.
How You Can Lead Your Industry With These Procurement Planning Strategies
To meet your organisation’s core objectives, you need a long-range plan to ensure timely supply of goods and services. That is why procurement planning becomes so important in your business mix. Procurement planning is the process of putting in place an efficient system to optimise and fast-track sourcing.
How Revenue-based Financing Can Ease Production Process During Festivals
Typically, during the holiday season, there is a rise in demand for products and services. For manufacturers to meet this demand, they must begin preparing in advance. During this time, boosting their production processes by obtaining revenue-based financing for the festive season may be the best option for increasing production to meet high demands.
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