Release of Indian Micro, Small and Medium Enterprises Report 2010

A report on the Indian Micro, Small and Medium Enterprises (MSMEs) of Institute of Small Enterprises and Development (ISED) at Kochi in India was released in May 2010. It was found that a strong MSME sector is essential to achieve a growth rate of 8-10 percent in the next decades. It was estimated that an […]

Raise of Rs.1,000 crore MSME fund in India by SVCL

It was found that a raise of Rs.1,000 crore was implemented by the SIDBI Venture Capital Ltd. (SVCL) for funding the growing medium, small and micro enterprises (MSMEs) in India. It was the third fund provided by the financial institution and was called India Opportunities Fund (IOF). Rs. 200 crore was initially given by the […]

Tags:

IAMAI Report about the ICT Penetration among Indian MSMEs

The number of small and micro businesses that have access to a PC and conduct the business through its use is referred by the term ‘India small business PC installed’. According to the report of Internet and Mobile Association of India (IAMAI) and eStatsIndia.com, an yearly growth of 30% was observed with India small business […]

Overview of the MSME sector in India

The micro, small and medium enterprises (MSME) sector plays an important role in the economic growth of India. The sector offers a great contribution to the manufacturing output, employment, and exports of the country. It was estimated that the MSMEs contribute for 45% of the manufacturing output and 40% of the exports of the country. […]

Growing Segment of SMBs Markets on SocNets

According to a recent survey by Internet2Go and MerchantCircle, there is a growing segment of online small-business owners who are aggressively promoting their businesses with social media. The survey found that 45% of the leading-edge group (most frequent content publishers) have a presence or profiles on Facebook and Twitter and use social media to promote […]

Tags: ,

Small Biz: Big Hikes in Email, SocNet Spending for 2010 : VerticalResponse

According to a study by VerticalResponse Inc. majority of US small businesses plan to increase their use of email marketing (74%) and social media (68%), in 2010. However, more than half (54%) said they won’t invest in online banner ads and nearly one-fourth (24%) said to cut spending on search-engine marketing (SEM). Email, in particular, […]

Tags: , ,

Booming Auto Industry of China and India Bringing Back the Global Auto Industry on Growth Track

After two years in which sales reduced, the growing Chinese and Indian markets is going to put the world industry back on the track. There is an expectation that, Chinese auto market grows with 24 percent in 2010. India is in the second position in the world with growth of nearly 22 percent in previous […]

Know About Hotels and Other Accommodation Industry

Generally people travel for variety of reasons, like for vacations, business and visits to friends and relatives, other activities. Hotels and other accommodations are the place for travelers to stay. Some resort hotels and casino hotels provides different activities along with staying. Services: There are different services provided by the industry, from luxurious five star […]

Tags: , ,

SMBs Tend to Overlook Security Concerns

Symantec conducted a survey on 1,425 small and medium businesses in 17 countries during the first quarter of 2009. According to the survey reports, 94% of the SMBs mentioned protecting their information, servers and networks is extremely important for their businesses. 70% of the respondents were concerned about spam and theft of data. Inspite of […]

Tags: , ,

SMBs Keen on Adopting New Technology

Small businesses are considered to play an important role in the growth of the U.S. economy. However, usage of new and advanced technologies stands as a major challenge for many SMBs. With the increased awareness and rapid growth in technology, many SMBs today are keen to adopt new technologies. According to the CompTIA’s Second Annual […]

Tags: ,