CORELOGS
Entrepreneurs are facing various challenges on marketing, according to a report released by consultancy firm KPMG and industry body CII.
Every company generates a sizeable amount of information, but it is often difficult to make sense of it. When you struggle to put to use the data being generated, it may be worthwhile for you to try presenting it in a pictorial or graphical format.
Pebble, an SME that produces power back-up and other electronic products, for example whips up most of its revenue from presence on e-commerce websites like Amazon, Flipkart and Snapdeal.
NIELIT, under the Ministry of IT and Electronics, would conduct the programme through five regional workshops, 30 state workshops and 100 Digi Dhan campaigns.
Earlier, the Chinese would buy home and furnishing related products but now they are also buying products with high end embroidery and tie & dye work.
SMEs should comply with TDS provisions to reduce the unnecessary burden of interest, penalties, late fees and having the tax man knocking on your doors.
The FLO local chapter chairperson Padma Rajgopal urged the authorities to help them with required approvals from various central and state agencies.
"We are promoting the extraction of fine, soft and durable yarn from the banana leaves for stitching them into clothes and to make it commercially viable," he added.
GST introduces the concept of seamless flow of input tax credit across the supply chain (from manufacture till it reaches the consumer) and across state borders.
Speaking at the annual regional meeting of CII here, he said that the state was among the top in terms of MSME investments and a major job provider.
In cloud computing, MSMEs use Internet to access common as well as tailor-made IT infrastructure, including software, for managing business.
The council will be responsible for barcoding of all wood products meant for export.
KOLKATA: Enterprise solutions provider SAP is betting big on the growth of the SME sector in India which accounts for nearly 80% of the client base in the country, an official of the company said."The growth of SAP lies in the growth of the SME sector in the country", head (marketing), Indian sub-continent of SAP India Krishnan Chatterjee said.He said that out of the company's 8000-odd client base, 80 per cent comprised SME units, where the potential for growth is manifold than of the large corporate.With the GST regime coming in place from July one this year, SAP has come out with an enterprise solution `GST in a box' which would help the SME sector to be ready for compliance with the new indirect taxation regime.He said that since capital is a constraint for the SME sector, SAP had made deployability of the solution from Cloud to keep the costs affordable."Even large corporates which have specific software installed are now shifting to hybrid cloud", he told reporters here today.He said that new GST software for the SMEs had been developed in India at its development centre in the country.SAP India has two development centres at Bangalore and Gurgaon where 10,000 engineers work.
Indifi had inked partnership with IIFL in May 2016, and since then over 100 loans have already been sanctioned to customers across different segments like travel and hotels.
