Recent News

Trends in the Hospitality

The travel and tourism industry constitutes 6.23 % of India’s GDP and provides 8.78% of the country’s population with employment. The sector is well connected both domestically and internationally and is therefore one that needs to adapt to the changing trends quickly. According to an RNCOS report titled ‘Booming Medical …

Read More »

Oppurtunities for MSME’S in Indian Hospitality Sector

The Indian hospitality sector is one that is definitely booming.  Reports have suggested that within the next three years, this sector will attract around $ 200 billion and around 300 hotel brands are expected to surface. With such an attractive market at hand, SMEs may indulge within the space and …

Read More »

Impact of Tourism on Indian Hospital industry

The Indian hospitality industry consists of a wide range of fields within the service industry which include hotels, restaurants, transportation, cruise lines and several additional fields within the tourism industry.   The travel and tourism industry is one of the fastest growing industries in India and contributes to 5.9 percent …

Read More »

RBI rate cut positive, but may have little for SMEs

Terming the Reserve Bank of India’s (RBI) move to cut the short-term lending rate by 25 bps to 6.25% from 6.50% as positive, experts argue it may have little or no impact for SMEs in the country. Read more

Read More »

INDIAN Automobile Sector provides huge scope to MSMES

The Indian automobile industry is proving to be one of the drivers for Indian economic growth. The SME sector is also strongly impacted by the flourishing Indian automobile sector. SME’s helps the automobile industry in manufactures engine parts, manufacture body & chassis parts, manufacture suspension and braking parts and manufacture …

Read More »

Emerging Trends in INDIAN Automobile Industry

In India, the auto industry is one of the largest industries and is one of the key sectors of the economy.  Today, India is emerging as one of the world’s fastest growing passenger car markets and second largest two-wheeler manufacturer. It is also home to the largest motorcycle manufacturer and …

Read More »

Growth of Auto components Industry in INDIA

Over the last 25 years we have seen a significant growth in the Indian auto components industry. The Indian auto component industry is expected to reach a turnover of US $113 billion by 2020 according to the Auto Component Manufacturers Association (ACMA) report. Status of the industry The Indian auto …

Read More »
Bitnami