In this blog, an Author who is a Design Expert guides us how design is used in key areas for building strong businesses.. It shapes products, strengthens brands, enhances customer experiences, boosts sales, attracts top talent, and fuels innovation. With examples from companies like Tesla, this blog highlights how a design-driven approach leads to business success, customer loyalty, and a competitive advantage.
Blog 25-Govt Scheme Helping Small Businesses Go from Local to E-commerce This blog includes an overview of the MSME-TEAM Scheme, detailing its purpose of helping Micro and Small Enterprises (MSEs) connect to e-commerce platforms. It explains the role of ONDC in making it easier for small businesses to access digital commerce and provides eligibility criteria for MSEs under the initiative. It also covers the opportunities and advantages the initiative provides. Finally, it outlines how to apply for the scheme and emphasizes its inclusive focus. June 2024, the Ministry of MSME launched the “MSME Trade Enablement and Marketing Initiative” (MSME-TEAM…
Blog 24- Design in Business : Impact on Growth and Financial Success In today’s competitive business environment, design is no longer just about aesthetics—it’s a strategic tool that drives innovation, enhances customer experiences, and shapes organizational success. This blog, gets into the fascinating evolution of design from mere aesthetics to a driving force behind business success and how companies like Nike and Tata Group have embraced design thinking to reshape their brands, boost customer loyalty, and achieve remarkable growth. Ready to see how design can reshape the future of your business? Let’s get started! About the Author This blog…
In a rapidly changing business landscape, MSMEs face unique challenges in managing their workforce, and without clear JDs and KRAs, even the most talented employees can struggle to grasp their roles and how they contribute to the company’s success.
Plus, we’ll provide practical steps for crafting effective JDs and point out common pitfalls to avoid.
Looking for funding to grow your textile business? Learn about the government schemes offering loans for textile entrepreneurs. From the PM-MITRA initiative, which seeks to create state-of-the-art textile parks, to the Technology Upgradation Fund Scheme designed to modernize equipment, and the SAMARTH program dedicated to upskilling the workforce, we’ll uncover all these Government schemes and policies.
Union Budget 2024-25: 10 Measures taken to Boost Growth for MSMEs The 2024-25 Union Budget of India has introduced several measures to support the Micro, Small, and Medium Enterprises (MSMEs) sector. In this blog, you will get to learn about those measures including initiatives aimed at improving credit access, expanding financial support, enhancing export capabilities, and simplifying tax procedures. You’ll also discover how the government plans to boost employment, upgrade technology, and ensure quality standards in the MSME sector. Key Announcements MSMEs in Budget 2024: 1. Credit Guarantee Scheme: Through the new credit guarantee scheme, MSMEs in the manufacturing…
The blog provides a detailed overview of Udyam Registration, a unique identification system by the Government of India to streamline the registration and recognition process for MSMEs. It covers the eligibility criteria based on investment and turnover, the simplified registration process with required documents, and the numerous financial and operational benefits.
Introduction to Export-Import Finance Trade Finance provides essential support to MSMEs by enabling them to expand their operations and compete effectively in domestic as well as international markets with import & export. This article gives a fair idea to MSMEs about how the Trade finance (Import Export Finance) works , trade financing options for international trades and essential considerations to be kept in mind. Introduction to Export and Import finance authored by Indrajit Samanta, RXIL Global International trade comes with its own set of complexities. These can emerge from the parties involved in the transaction, including issues such as default,…
MSME Innovative Scheme was launched in 2022 by Ministry of MSME with an aim to promote and support untapped creativity of MSME sector by fostering innovation and providing vital support for concept development, design enhancement, and intellectual property protection.
With these three core components – Incubation, Design, and Intellectual Property Rights (IPR) – the scheme facilitates idea validation, product development, and legal assistance to bolster the competitiveness of MSMEs. To know more, read our blog.
