New Delhi [India], June 26: India's 7.4 crore-plus MSMEs registered on the Udyam and Udyam Assist platforms form the backbone of the economy, generating employment for over 32 crore people and contributing around 31% of GDP, 35.4% of manufacturing output and nearly half of the country's exports. For these businesses -- manufacturers, traders, retailers, service firms and … [Read more...] about World MSME Day 2026: 5 in 10 MSMEs continue to face supplier management and invoice compliance challenges; Digital Procurement adoption accelerating
Indian economy
VST CoreB Propels the Growth of the Indian Trailer Industry Forward with Its Focus on Innovation and Safety
In the last two decades, the trailer industry in India has taken several giant strides and has emerged as an industry that is contributing greatly towards the growth of the Indian economy. The awareness around trailers has also played an important role in several businesses engaging with this industry. As compared to heavy trucks, trailers offer a minimal cost of transportation … [Read more...] about VST CoreB Propels the Growth of the Indian Trailer Industry Forward with Its Focus on Innovation and Safety
The evolution of the Indian economy in 2022-2023 according to Mandhir Singh Todd
In an economic context that has been globally complex, where many countries have experienced record inflationary numbers, India not only manages to avoid the prolonged inflationary scenario, but also, according to studies, it is on its way to becoming the economy of fastest growing in the world, according to the Reserve Bank of India (RBI). Mandhir Singh Todd explains … [Read more...] about The evolution of the Indian economy in 2022-2023 according to Mandhir Singh Todd