Entrepreneur India: Page 3

Technology

How AI, Automation and Cloud Computing are Revolutionizing MSME Strategies

The flexibility of cloud computing also means that MSMEs can punch above their weight, accessing the same tools that are available to larger enterprises without breaking the bank.

News and Trends

Zoho-Backed Silectric to Invest INR 3,000 Crore in Silicon Carbide Manufacturing Unit in Odisha

The products manufactured by Silectric will primarily serve the power electronics sector, with applications in electric vehicles (EVs), automotive components and renewable energy.

News and Trends

India Will Lead The World In 6G: Minister of Communications

With over 30 crore mobile phones being produced annually, India has become the second-largest producer of mobile phones worldwide.

News and Trends

The Role of Digital Payment Infrastructures in MSME Growth

Around 80 per cent of MSMEs reported positive impacts from adopting digital technology, with Aadhaar banking and UPI being the most utilized services at the last mile.

Finance

The Transformative Impact of Digitalization on MSME Financing and Access to Credit

Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.

News and Trends

Maharashtra State Electricity Issues Letter of Intent to Adani for 6600 MW Hybrid Solar & Thermal Power Supply

The company will supply solar energy to Maharashtra at a fixed tariff of INR 2.70 per kWh for 25 years. The thermal power supply, on the other hand, will commence in stages, with Unit 1 (800 MW) starting in three and a half years and Unit 2 (800 MW) beginning after four years

News and Trends

Infosys Joins Forces with LIC to Drive Digital Transformation with NextGen Platform

Infosys Topaz, a generative AI suite, will drive automation and personalization efforts, while Infosys Cobalt will help LIC accelerate its cloud transformation

News and Trends

Coal Production in The Country Surged During FY 2024-25: Ministry of Coal

Coal India Limited's output rose to 311 MT in the fiscal year 2024-25, up from 302.53 MT in the same period the year before, registering a 2.80 per cent increase

News and Trends

Polymatech Electronics Invests $16.2 Million in Bahrain, Aims for Over $100 Million by 2027

The investment is part of a broader strategy, with the company planning to spend over $100 million in the Gulf nation by 2027

News and Trends

Onsurity Secures $45M in Series B to Power a Healthier, Insured SME Ecosystem

Onsurity, an employee healthcare platform, recently completed a $45 million Series B funding round led by private equity firm Creaegis

News and Trends

Seven Indian Startups Join AWS Global Generative AI Accelerator

This selection underscores India's growing prominence in the AI landscape, with the Indian cohort representing the largest number of startups chosen from a single country in the Asia-Pacific and Japan region.

News and Trends

Passenger Vehicle Sales Slumped by 1.6% in August 2024 Compared to Previous Year

The passenger vehicle (PV) market faced a significant downturn over the past year.

News and Trends

Helios Expands Premium Offerings with Introduction of U-BOAT Watches to India

With this launch, Helios expects to drive a 45 per cent increase in revenue, capitalizing on the growing demand for premium timepieces during India's festive season

News and Trends

Yotta's Newly Launched Shambho Accelerator Program to Boost 3,600 Deeptech Indian Startups

At the heart of the Shambho Accelerator Program is Yotta's Shakti Cloud, a high-performance computing platform powered by NVIDIA's H100 Tensor Core GPUs, designed specifically for AI and HPC workloads.

Technology

How MSMEs Can Leverage AI For Growth

Experts acknowledge the immense potential of AI in transforming operations, driving growth and overcoming financial challenges within the MSME sector