SMEs should adopt e-commerce route to tap growth opportunities
Sharath Chowdary With the increase in internet usage, online payment systems and rapid development in the telecom sector, the e-commerce business is flourishing globally. India is also witnessing a positive trend with favourable investment climate, incubators and start-ups. But, unfortunately the Small and medium-sized enterprises (SMEs) in the country are not participating actively in this growth story. “The retail showrooms are following the marketing style of online shopping portals and sending message alerts to the customers about their offers. The brick-and-mortar stores are facing pressure from the e-commerce firms. Slowly, the heat will come to SMEs also. Instead of viewing it as a threat, see it as an opportunity. This e-commerce platform provides a gateway to new avenues,” Telangana ITEC Secretary Jayesh Ranjan said. Jayesh Ranjan ...
Govt launches a portal and mobile app for Start-ups
The Dollar Business Bureau Following its earlier commitments to catalyse a conducive environment for the startup companies in India, the government on Thursday launched Startup India portal and Mobile app, in line with the Startup India Action Plan put forth by Prime Minister Narendra Modi earlier this year. Modi had officially unveiled the Startup India programme on January 16 this year and had said he would soon introduce a Startup India Action Plan, envisaged to encourage innovative startups. The Department of Industrial Policy & Promotion (DIPP) Secretary Ramesh Abhishek launched the portal and the app in New Delhi on Thursday. The portal and the app are designed to work as a one-stop solution for Startup-related information, which will have regular updates on circulars issued ...
Pharma industry eyes on startups to spur growth
Startups should make better utilization of Biotechnology Industry Research Assistance Council (BIRAC), set up by Government of India to encourage start-ups by means of mentoring and financial support, say experts Sai Nikesh | The Dollar Business Panelists of 'Collaboration models (Industry-Academia & Industry-Industry and beyond) discussion, on the second day of BioAsia 2016 in Hyderabad on Tuesday Aided by a large number of scientists, researchers as well as governmental measures in terms of a comprehensive intellectual property rights (IPR) policy, Make in India, financial assistance programmes, and regulatory reforms, Indian life sciences industry is expected to see a brighter prospect in the near future, say experts. Taking note of the optimism within the industry, the Pharma Export Promotion Council (Pharmexcil) along with KPMG ...
