MSMEs
-
Opportunity India Desk Nov 23 2023 - 2 min readIndian Overseas Bank, a public sector lender, has issued an invitation for bids concerning the sale of 91 non-performing assets (NPAs) belonging to Micro, Small, and Medium Enterprises (MSMEs), totaling INR 457.28 crore. The bidding document titled ‘Transfer of NPA Loan Exposures’, the bank anticipates a minimum recovery of 60 per cent, equivalent ...
-
Opportunity India Desk Nov 23 2023 - 3 min readIn a recent development, Santosh Sarangi, the Director General of Foreign Trade (DGFT), has announced the signing of a memorandum of understanding (MoU) with Amazon to bolster e-commerce exports originating from India. Sarangi revealed ongoing discussions with retail giants Walmart and Flipkart for similar agreements, aimed at propelling e-commerce exports from approximately 100 ...
-
Opportunity India Desk Nov 22 2023 - 3 min readThe North East Region occupies a unique place in terms of natural beauty and development of tourism in the region should take into account its sensitive ecosystem, said V Vidyavathi, Secretary, Ministry of Tourism. “This region offers huge geographical diversity which provides great scope for Adventure Tourism. The Ministry of Tourism ...
-
Opportunity India Desk Nov 21 2023 - 3 min readIn the wake of the successful conclusion of a preliminary Free Trade Agreement (FTA) last year, India and Australia are currently engaged in talks aimed at advancing their bilateral relations, with a specific focus on micro, small, and medium enterprises (MSMEs). The seventh round of talks concluded on October 20, with ...
-
Opportunity India Desk Nov 17 2023 - 3 min readIndia's e-commerce export, presently valued at USD 1 billion per year, is expected to surge to USD 200 billion within the next six to seven years, Santosh Kumar Sarangi, Additional Secretary & Directorate General of Foreign Trade (DGFT) said on Friday. Sarangi emphasized that this projected growth in e-commerce exports plays a crucial ...