I'm delighted to share that Karmaleon Limited has officially been certified as an ethnic minority business (EMB) by MSDUK, the UK's premier supplier diversity advocacy organisation. Why does this matter? Research from the Federation of Small Businesses (FSB) revealed that EMBs contributed an impressive £25 billion to the UK economy in 2018 — on par with the economic output of Greater Manchester. However, many EMBs face obstacles that hinder their growth. EMB owners are not only achieving remarkable success but are also more likely to export than their non-EMB counterparts. Therefore, promoting opportunities for EMBs is crucial for UK economic growth. MSDUK plays a vital role in fostering a more inclusive and diverse business environment, creating equal opportunities for all. I'm excited to collaborate with MSDUK and other EMBs to develop new opportunities both in the UK and internationally. I highly recommend MSDUK to business owners aiming to expand and contribute to the success of EMBs in the UK, as well as to corporates seeking to diversify their supply chains. #MSDUK #ESDP #SupplyChain #InclusiveProcurement #EthnicMinorityBusinesses
Vincent Iweka’s Post
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Dr. Charan Singh, Founder of EGROW Foundation, highlights the role of #MSMEs in tackling the increasing labour force resulting from India’s demographic dividend. These enterprises are essential for generating productive employment opportunities. Explore more in the ASSOCHAM and EGROW study on “MSMEs Facing Challenges in Doing Business," 🔗 https://bit.ly/4i7JVog Ministry of Micro, Small and Medium Enterprises, Government of India
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🌟 Seize the Moment with UKABD 🌟 "Opportunities don’t happen; you create them." At UKABD, we believe in empowering individuals and businesses to take charge of their success. The future isn’t something to wait for—it’s something to shape with purpose and determination. Whether you’re exploring new horizons, promoting your brand, or stepping into a thriving community, we provide the tools and platforms to help you create the opportunities you deserve. 💡 Don’t wait for success to find you. Take action today. 📌 UKABD: Explore | Advertise | Thrive #createopportunities #UKABD #successjourney #exploreadvertisethrive #empowerment #innovation #makeithappen #buildyourfuture #thrivewithukabd
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M1XCHANGE empowering MSMEs🚀 M1 TReDS platform revolutionizes access to finance by enabling MSME-to-MSME bill discounting. This system allows MSMEs to convert trade receivables into liquid funds quickly, improving cash flow and supporting growth. By facilitating efficient invoice discounting without extensive paperwork, M1 TReDS helps MSMEs thrive and contribute to India's economic prosperity.
Empowering MSMEs, Empowering India! Our SME Head, CA Vishal Kumar took the stage at MSME Bharat Manch as a keynote speaker, shedding light on the game-changing potential of MSME-to-MSME bill discounting on the TReDS platform. He shared his insights on how TReDS is revolutionising access to finance for MSMEs, enabling them to grow, thrive, and contribute to India's economic prosperity. #MSME #BharatManch #TReDS #MSMEBusinessWorkshop #EconomicProsperity CA Vishal Kumar
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The share of women entrepreneurs is growing in India, however, glaring challenges persist. The major difficulties that women-owned MSMEs face in India are registering the firm in their name, securing funding as opposed to men-owned MSMEs, hiring and retaining employees, social stigma about sacrificing family life to focus on the business, capacity building, etc. Additionally, many MSMEs do not have a formal credit history or credit rating, making it difficult for lenders to assess their creditworthiness, irregular cash flows and the loan application process can be lengthy and cumbersome, involving extensive documentation and procedural delays, which deter MSMEs from seeking formal credit. #womenbusinesses #msmes #msmefinancing #businessloans
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🚀 CGTMSE Unstoppable Growth: Faster & Stronger! 🚀 We are thrilled to share a remarkable milestone—₹2.03 lakh crore in guarantee approvals in just 10 months of FY 2024-25! This is highest ever guarantee approval in an FY!!! ✅ FY 2023-24: ₹2.02 lakh crore in 12 months ✅ FY 2024-25: ₹2.03 lakh crore in just 10 months! This rapid growth is a testament to our unwavering commitment to empowering MSEs and enhancing credit access across the nation. As we continue to break new ground, we remain dedicated to fueling entrepreneurship, fostering economic growth, and making finance accessible to those who need it most. Here’s to even greater milestones ahead! 🚀 #CGTMSE #UnstoppableGrowth #MSEs #FinancialInclusion #CreditAccess #EconomicGrowth #MoMSME #SIDBI #CEOCGTMSE
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To achieve the vision of #ViksitBharat, India will need significant structural changes in its business landscape, with #MSMEs playing an integral role in this transformation: Mr. Deepak Sood, Secretary General, ASSOCHAM. For more insights on the challenges MSMEs face, check out the latest study by #ASSOCHAM and EGROW, titled “MSMEs Facing Challenges in Doing Business.” 🔗https://bit.ly/4i7JVog Ministry of Micro, Small and Medium Enterprises, Government of India, EGROW Foundation
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NaBFID has invested ₹745 crore in 15-year AAA-rated bonds by NDR InvIT, boosting India’s warehousing and industrial park sector. Funds will support NDR’s growth plans, addressing rising logistics infrastructure demand driven by manufacturing and e-commerce growth. NDR InvIT, managing 16.99 msf across 13 cities, aims to strengthen its portfolio and deliver high-quality infrastructure. India’s logistics market is projected to grow from ₹9T in FY23 to ₹13.4T by FY28, while warehousing is expected to reach $34.99B by 2027. #InfrastructureInvestment #LogisticsGrowth #Warehousing #EconomicDevelopment #NaBFID Read more at : https://lnkd.in/dqeH8jaE
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The UK’s Centre for Digital Trade and Innovation (C4DTI) will expand globally as iC4DTI, launching on December 5. The initiative aims to accelerate digital trade, particularly in emerging markets, by implementing legal frameworks and improving interoperability in digital trade systems. With a focus on SME exporters and underrepresented regions, iC4DTI will address talent shortages and foster inclusivity through non-profit models and partnerships with governments and multilateral institutions. #GTRReview #TradeNews #CrossBorderTransaction #TradeFinanceServices
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𝐒𝐡𝐨𝐮𝐥𝐝 𝐰𝐞 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐌𝐒𝐌𝐄𝐬 𝐚𝐧𝐝 𝐥𝐚𝐫𝐠𝐞 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐨𝐫𝐬? 𝐒𝐡𝐨𝐮𝐥𝐝 𝐨𝐮𝐫 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬 𝐟𝐚𝐯𝐨𝐮𝐫 𝐨𝐧𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐞𝐱𝐩𝐞𝐧𝐬𝐞 𝐨𝐟 𝐚𝐧𝐨𝐭𝐡𝐞𝐫? FED Operating Partner Piyush Doshi says the presence of large corporations will only contribute to the growth of India's MSME ecosystem. Our policies must be streamlined and compliances must be eased, to allow MSMEs to export and scale up. For more such insights on economic growth, subscribe to our newsletter: bit.ly/4i6NgUt #MSME #MNC #ZeeBusiness #IndiaEconomy #IndiaGDP #EconomicGrowth
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On MSME Day, we celebrate the grit & resilience of the incredible small & medium enterprises which play a pivotal role in our economy. From humble beginnings, these businesses take bold steps that propel India towards greater economic prosperity & innovation. Let's continue to support & empower MSMEs! #UdyamiBharatMSMEDay #MSMEDay #MIBL
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