Reuben Rato’s Post

India's economy is booming with growth rates of 7.3% in 2023-2024 and 6.4% in 2024-2025. So what are the fastest-growing sectors in this economy? Find them out 👇 Follow Foundr Magazine for more entrepreneurial insights. #founders #startup #startupindia #entrepreneurship #entrepreneurs #linkedindaily #growth #industry #sector #bestdeals #business

🚀 Boost Your Business with India’s MSME Sector 🚀 🔍 Interested in scaling up and tapping into new opportunities? 🔑 Dive into the role of MSMEs in fueling India's economic growth and discover pathways for your business success. 📈 Highlights of India's MSME Sector: Employment Generation: Major job creators in diverse regions. Export Contributions: Vital to India's global trade footprint. Government Support: Accessible financing and market expansion aid. 🌐 Leverage these insights to grow and innovate. MSMEs are not just business units, they are the pillars of economic development. 📲 Explore more in our detailed blog post: https://lnkd.in/g-RuKjr6 ✨ Strengthening MSMEs drives economic advancement and builds resilient communities. 👉 Share your thoughts and help empower entrepreneurs across India! #MSMEs #EconomicGrowth #Entrepreneurship #MakeInIndia

📰 India's Strong Economic Growth Spurs Reverse Flipping of Startups: Commerce Secretary. India's robust economic growth is driving a new trend of reverse flipping among startups, according to Commerce Secretary Sunil Barthwal. This phenomenon, where companies previously incorporated abroad are now re-registering in India, underscores the country's burgeoning appeal as a business hub. 💡 Key Highlights: - Economic Growth: India’s strong economic performance is encouraging startups to reverse flip, bringing their registrations back to the country. - Business Appeal: The growing attractiveness of India as a business destination is prompting this shift, highlighting the country’s improving business environment and supportive regulatory framework. 🚀 Growth Drivers: - Favorable Policies: Government initiatives and reforms aimed at easing business operations and fostering innovation are key factors driving this trend. - Market Potential: India’s large consumer base and expanding digital infrastructure make it an attractive market for startups. 📊 Industry Context: - Startup Ecosystem: The reverse flipping trend reflects the confidence of entrepreneurs and investors in India’s startup ecosystem. - Global Shift: This trend marks a significant shift from the previous practice of Indian startups incorporating abroad for better business opportunities and resources. 🔍 Insights from Commerce Secretary: - Economic Resilience: Sunil Barthwal emphasized that India’s economic resilience and growth prospects are pivotal in attracting startups back to the country. - Supportive Environment: The government’s continuous efforts to create a supportive and conducive environment for businesses are yielding positive results. 📈 Future Outlook: - Continued Growth: As India’s economy continues to grow, more startups are expected to reverse flip, contributing to the country’s innovation and economic dynamism. - Strategic Advantage: Startups re-registering in India can leverage the country’s strategic advantages, including its skilled workforce and technological advancements. The reverse flipping of startups signifies India's rising status as a global business hub, driven by strong economic growth and favorable government policies. #IndiaEconomy #Startups #ReverseFlipping #BusinessGrowth #EconomicDevelopment #CommerceSecretary #StartUpNews #BusinessNews #MicroShots #NewsUpdates

MSMEs: Driving India's Growth Story India's Micro, Small, and Medium Enterprises (MSMEs) are the backbone of our economy, contributing 30% to GDP, creating employment for millions, and generating nearly 50% of exports. These enterprises promote innovation, rural development, and entrepreneurship. With initiatives like easier credit access, digital transformations, and government support, MSMEs are poised for unprecedented growth. However, challenges like limited funding and market access remain critical to address. Empowering MSMEs is key to achieving India's economic goals. #MSME #Entrepreneurship #IndiaGrowthStory #EconomicDevelopment #Innovation #RuralDevelopment #JobCreation #DigitalTransformation #SustainableGrowth #MakeInIndia #outsourcing

📊 Understanding the SME Landscape in India 📊 India’s SME sector is a powerhouse driving innovation and economic growth. Our latest article dives into the current SME landscape, highlighting trends, challenges, and the vital government support available. Explore how small and medium enterprises are navigating opportunities and overcoming hurdles to thrive in a competitive environment. Discover key insights that can help entrepreneurs and investors make informed decisions. 🔗 Read the full article to gain a deeper understanding of the SME ecosystem in India. #SMEs #BusinessGrowth #Entrepreneurship #IndiaSME #EconomicDevelopment #SmallBusiness #GovernmentSupport https://lnkd.in/gzw_RP8P

Why Do So Many Small Businesses in Our Country Struggle to Flourish? Small businesses are the backbone of any economy, providing employment, innovation, and localized solutions. However, in India, many small businesses face significant challenges that prevent them from achieving sustainable growth. Despite the entrepreneurial spirit that drives millions to start their ventures, a large percentage fail to flourish. Understanding the reasons behind this can help us create better opportunities for small businesses to thrive. The Scale of Small Businesses in India India is home to over 63 million MSMEs (Micro, Small, and Medium Enterprises), contributing nearly 30% to the country’s GDP and employing over 110 million people. Despite their substantial contribution, a significant number of these businesses struggle due to various reasons such as: • Access to Capital: Limited funding options prevent businesses from scaling. • Regulatory Challenges: Complex rules and compliance issues make operations difficult. • Inconsistent Cash Flow: Late payments and seasonal demand affect liquidity. • Lack of Skilled Workforce: Inability to attract skilled workers due to limited financial resources. • Poor Infrastructure: Unreliable utilities and underdeveloped infrastructure restrict growth. Solving the Unemployment Problem Through Small Business Support With India’s unemployment rate fluctuating between 6-8%, small businesses have the potential to play a critical role in job creation. By addressing the challenges faced by small businesses, the country could unlock their full potential, leading to: • Increased Job Creation: Empowering small businesses can result in the creation of millions of new jobs. If each small business could hire even 2-3 more employees, it could lead to over 120-150 million new employment opportunities. • Skill Development: Supporting small businesses through training programs will enhance the skill sets of employees, leading to better opportunities for career growth. • Economic Growth: As small businesses flourish, they will contribute more significantly to GDP, boosting the overall economy. Conclusion Small businesses in India are filled with potential, but they face significant hurdles that prevent many from reaching their full potential. By creating awareness and offering practical solutions, we can ensure that the struggles of small businesses are minimized and their growth is maximized. It is essential to prioritize the needs of these entrepreneurs if we wish to build a prosperous and resilient economy. What challenges do you think small businesses face the most in your region? How can we create more opportunities for growth? Share your thoughts! #SupportSmallBusiness #Entrepreneurship #LocalEconomy #SmallBizGrowth #IndiaEntrepreneurs #MSME #BusinessChallenges #EconomicDevelopment #VocalForLocal #JobCreation #UnemploymentSolution

📊 Exciting news from the Ministry of Corporate Affairs (MCA)! In the fiscal year 2024-25, the MCA has successfully registered over **1.12 lakh companies** across various sectors. This substantial growth reflects the resilience and dynamism of Indian entrepreneurship in an ever-evolving business landscape. 🚀 The surge in company registrations is a clear indicator of the increasing confidence in the market, as startups and established organizations alike adapt to the changing economic conditions. With the government continuously implementing policies to foster a conducive environment for businesses, it’s no surprise that entrepreneurs are seizing the opportunity to innovate and expand. Key highlights from this achievement include: 1. **Diverse Sectors**: The registrations span multiple sectors, including technology, healthcare, and sustainability, showcasing the versatility and creativity of Indian businesses. 2. **Startup Culture**: A remarkable portion of these companies are startups, a testament to India's thriving startup ecosystem that encourages innovation and job creation. 3. **Ease of Doing Business**: The increasing number of registrations is also a reflection of the improved ease of doing business in India, with streamlined processes and support from government initiatives. 4. **Job Creation**: Each new company brings the potential for job creation, contributing significantly to the economic stability and growth of our nation. This upward trend in company registrations is not just a statistic—it signals a brighter future for the Indian economy and the entrepreneurial spirit. Let’s support and celebrate the innovators and risk-takers who are shaping our business landscape! 🌟 What are your thoughts on this growth? How can we further encourage this entrepreneurial momentum? Share your insights below! 👇 #MCA #CompanyRegistrations #Entrepreneurship #StartupIndia #BusinessGrowth #Innovation #JobCreation #EconomicDevelopment #India2024 Note: AI-powered post. May contain errors.

MSME - The backbone of economy Did you know that MSMEs (Micro, Small, and Medium Enterprises) are the backbone of India's economy? With over 63 million units, MSMEs contribute: 63% to India's GDP 45% to India's exports 50% to India's industrial output Employing over 120 million people, MSMEs are the largest employers in the country! They are the innovators, job creators, and drivers of growth. Let's celebrate the spirit of entrepreneurship and support MSMEs, the unsung heroes of India's economic growth! On this World MSME Day, let's come together to celebrate the spirit of entrepreneurship and the vital role MSMEs play in shaping our global economy. Let's work together to create a supportive ecosystem that enables MSMEs to succeed and flourish. #WorldMSMEDay #MSME #SupportSmallBusiness #Entrepreneurship #Sustainability #GlobalEconomy #MSME #BackboneOfEconomy #IndianEconomy #SupportSmallBusiness #Entrepreneurship"

Trying to calculate TAM all through my life, I tried to find the Total Income per person, and then find out the amount that is left after Core Spends. My TAM resided with a small section of the population, trying to find room in a smaller section of non-core Spends. I am sure most of us have been doing this all our lives. If I do this, then of course, I am leaving out the majority of India's population focusing on Core Spends. Big Mistake. I made this mistake because, in my mind, Core equals food and shelter (stuck in the pre-90s image of Indian households) Working at Enmasse World has flipped the narrative for me completely. Why look at non-Core when you can look at Core? You are suddenly serving 10X more customers! How - Read the linked report to find out more about it! Vipul Rawal made me look at the enterprising nature of India's households, Sandeep Farias showed us the kind of insights to look for when we go into the field. 20+ years of experience along with Kartik Parija 🤓Jyotsna Krishnan Windy Wilkins Aneesh Patnaik Ravi Menon Johanna Gil Posada to witness India's story of Bees Saal Baad. 😎 So, I urge you - Look at households as your economic units, Look at transactions, Look at the TAM presented by what is Core to most Indian households. And you will see this EPIC Opportunity™ waiting to be seized. Find your TAM in the Core of India. #meetEPIC #EPICbyEnmasse #EPICopportunity #EntrepreneurialHouseholds