eGrowth MSME Live Bulletin 6 Oct 2022
5th October 2022 2922
This week's newsletter lists numerous opportunities and advancements for Indian businesses. It is trying to promote itself globally and build a prominent footprint as a manufacturing hub. While agri-tech industries in African nations are thriving, China is also working to enhance technology. Keep reading for information on the most recent business-related happenings around the globe. Wishing you all a joyful and prosperous Dussehra! - Puneet Kaur Saluja

Weekly MSME News Updates

HIGHLIGHTS OF THE WEEK

India Has a $1.2 Trillion Plan to Snatch Factories From China

Modi’s government is developing a digital platform that unites 16 ministries as a part of a $1.2 trillion megaproject named PM Gati Shakti. The project aims to find new manufacturing clusters and connect them to the country’s ports, airports, and railway networks. Amrit Lal Meena stated that the goal is to have international companies choose India as their manufacturing hub.

Bloomberg
International Business

EPFO eyes strong presence in Latin America and Africa

EPFO hopes to be well-established across Asia and the Pacific by 2023, said the official. The goal is to assist less developed nations in creating social security programmes for their workforces that closely resemble those in India. For each functional area, EPFO will establish specialised pillars to ensure macro-level policy synchronisation.

The Economic Times
International Business

Four things to know before taking your business to global markets

When it comes to global markets, there are a lot of things to consider before taking your business internationally.

  • Consider foreign laws and regulations
  • Know your target market
  • Get professional help (PEO)
  • Have a plan
Retail Tech Innovation Hub (RTIH)
Manufacturing

5G launch in India to scale up tech; to help other developing economies: Qualcomm CEO Cristiano Amon

With the advent of 5G, Qualcomm has been diversifying its business from a communications company focussed on mobile industry into a connected processor company to address the technology needs of other verticals such as automobile, personal computers and industrial technology.

India has started its USD 10 billion-incentive scheme to attract semiconductor manufacturers. The government has received proposals from five companies for setting up the electronic chip and display manufacturing plants.

The Economic Times
Manufacturing

Smart manufacturing using 5G technology? Here's how it can be used

At the on-going IMC 2022, the use of 5G as a smart manufacturing solution is on exhibition. An automated guided vehicle is employed to transport the components from the warehouse to the loading area, says Ashwin Rastogi. A robot lifts the component up, loads it into the internal circuit testing device, and then loads it onto the final circuit testing device.

 

Hindustan Times
Startups

Cred launches 'Scan & Pay' feature as it enters offline payment space

Members of Cred will be able to make payments straight from their bank accounts because of this UPI feature. The feature can also be utilised to carry out peer-to-peer (P2P) transactions by scanning a QR code or entering the beneficiary’s UPI id. Recently, Cred has introduced payment protection.

 

The Economic Times
Agriculture

Agriculture Ministry calls upon states to chalk out action plan

For quick in-situ decomposition of paddy straw, ICAR’s Pusa Decomposer has been proven successful. Abhilaksh Likhi said that the states should encourage the use of bio-decomposer, promote ex-situ utilisation of straw, etc., in order to effectively manage paddy stubble burning during the upcoming season.

The Print
North America

TNS Launches Smart SIM Capability for Global Wireless Access in North America; Extends Global SIM Capability to US Customers

Processors, ISOs and merchants across North America can now benefit from Transaction Network Services’ (TNS) enhanced multi-carrier wireless connectivity for payment devices, point-of-sale terminals and ATMs thanks to the launch of smart SIM capability for its Global Wireless Access (GWA) solution in the region.

IoT Business News
Latin America

Synapse to expand to India and Latin America

After surpassing 1 million accounts in Brazil, US-based fintech Synapse revealed its plan to expand into other Latin American and Indian nations. Synapse operates a US brokerage, and its business partners offer additional banking products. The Federal Deposit Insurance Corporation provides deposit insurance for the accounts.

ThePaypers
Europe

Europe’s innovation system is increasing in strength and attracting US investors

US investors can make more money from European high-tech start-ups than they do at home. That points to the increasing maturity of EU innovation and should encourage risk-averse EU investors, says Mark Ferguson, chair of the European Innovation Council.

Science Business
Africa

Boom in agrifood-technology start-ups in Africa

Investments in the Agri-Tech sector amount to more than $1 billion, said Francis Dossou Sognon. Nigeria is no more the largest oil producer on the continent. The third and final call for proposals of the ACP-EU “Create in Central Africa” culture program, which aims to boost the sub-cultural region’s and the creative sectors, has been launched.

African News
Asia

China to step up technological development after C919 jet success: state media

Prior to the nation’s National Day, Xi Jinping met with a C919 delegation. Following the domestic C919 narrowbody jet’s certification by its aviation regulator, he declared that China would intensify efforts to make technological advances. By the end of the year, the first aircraft, built to compete with Airbus and Boeing single-aisle jets, will be delivered.

Business Times
Australia

Committee publishes Government response to report on Australia trade deal

The Committee advised the Government against exaggerating the advantages of trade agreements. The cross-party committee resented the fact that fundamental UK food production rules will not be applied to Australian products. The Government declined to extend the parliamentary scrutiny period to provide MPs additional time to review the agreement.

UK Parliament
International Education

U.S. To Open 100,000 Visa Appointment Slots; France Emerges as a Favored Study Destination

Many study destinations are opening up visa slots to accommodate more international students while others are trying to ramp up efforts to recruit more foreign learners. Amid the challenges and opportunities, it’s all systems go for international education as government agencies and educational institutions gear up for an exciting year ahead.

M Square Media

Industry Insights

Business Insights

McKinsey Technology Trends Outlook 2022

Which technology trends matter most for companies in 2022? New analysis by the McKinsey Technology Council highlights the development, possible uses, and industry effects of advanced technologies.

Technology continues to be a primary catalyst for change in the world. Technology advances give businesses, governments, and social-sector institutions more possibilities to lift their productivity, invent and reinvent offerings, and contribute to humanity’s well-being. And while it remains difficult to predict how technology trends will play out, executives can plan ahead better by tracking the development of new technologies, anticipating how companies might use them, and understanding the factors that affect innovation and adoption.

McKinsey

eGrowth Events

UPCOMING

UBUNTU: global business opportunities

eGrowth and WASME (World Association for Small and Medium Enterprises bring to you UBUNTU – Global Business Opportunities . This is a series of discussions for international trade promotion.

The Topic – International Trade Opportunities in Africa

DETAILS
Day – Saturday, 15 October, 2022
Time – 4:00 pm – 6:00 pm
Venue – WASME Head Office, Film City, Noida
Fee – Rs 600

WHO MUST ATTEND
Importers | Exporters | Traders | Manufacturers | International Logistics | Tradeshows | Service Providers

International Business
Weekly Event

eGrowth Opportunity Exchange

We invite entrepreneurs like you for an online meeting where you get to introduce yourself, share what you do and what you are looking for.

This 1 hour leaves you with more business contacts and a number of opportunities.

Details
Day& Time – Tuesday, 5:00 PM India Time.
Medium – Online
FEE – FREE!!
Enquiry (WhatsApp) – +9182888 70365

COLLABORATION | EXCELLENCE | OPPORTUNITIES

Let’s grow together with eGrowth – www.egrowth.org

Business Networking
Industry Academia Connect

B2B Marketing Strategies - Current & Innovative Trends

Atul Puri, Founder eGrowth was invited as a guest faculty by IILM University, Gurugram to address the students of MBA & BBA.

The Topic – B2B Marketing Strategies  –  Current & Innovative Trends

 

eGrowth Promotions

Business Automation Tool

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This is an excellent tool to send personalized messages through WhatsApp.

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Sampark Setu App
Industrial Expo

Vasai Industrial Expo - 5th Edition

“Vasai Industrial Expo” 2022 shall be held in Hitendra Thakur Appa Ground on 10th, 11th & 12th Oct’22.

The Expo shall be a 3 days event. Here are some of the details about it:

1) Exhibitors stalls from multiple industries.

2) Conference.

3) Sponsors stand to promote their products and services.

4) Food court

Contact us for booking
Get in touch with eGrowth to get exclusive deal for booking the space.

Contact number – 9899116054
Email id – info@old.designyourbusiness.in

Industrial Expo

IMT Industrial Expo 2022

IIAF is organizing IIAF INDUSTRIAL EXPO 2022 for the Industries based in Faridabad District at IMT Faridabad, Delhi, and NCR .

Dates – 10, 11 & 12 December 2022

Venue – HSIDC Club Ground, IMT Faridabad

We invite you to participate in this expo to expand your business to Faridabad/ NCRregion.

Contact us for booking
Get in touch with eGrowth to get exclusive deal for booking the space.

Contact number – 9899116054
Email id – info@old.designyourbusiness.in

The last date for submission of the Application Form is 1 December 2022.

IMT Industries Association Faridabad

eGrowth Updates

eGrowth Family

Fatma Tarique joins eGrowth as Graphic Designer

eGrowth is pleased to announce Fatma Tarique as our new Graphic Designer. Fatma is pursuing a degree in Psychology from Jamia Millia Islamia Univerisity. She hails from Jamshedupr and has 3 siblings.

As a Graphic Designer she will –
?Enhance eGrowth as a brand.
?Create designs to be displayed on social media
?Contribute to the UI/UX for egrowth.org
?Bring more excitement on eGrowth community

Join us to welcome Fatma as we climb up the ladder to success.

eGrowth Services

Money Solutions

We have access to a lot of cash reserves across the globe which is waiting to be invested. And we will be glad to help you invest if you are sitting on some spare cash.

  • DEAL STRUCTURING – We have qualitied professionals who help you with the due diligence process and structure the deal.
  • EQUITY – Get access to 1,50,000 investors, VCs world over.
  • SALE – Ease your exit plan.
  • BORROW – Loans, Mortgage, Overdraft, Bonds, Debentures at attractive terms.
  • INVESTMENT – Put your spare money to good use.

If you are actively looking for opportunities or investment, do give a call – Atul Puri, +919899116054

Why eGrowth

Technology enabled B2B marketing

eGrowth is a multi-channel, Sales and Business Development Platform for MSMEs. You get new customers, reliable vendors, new business opportunities and focused outreach. Here is a partial list of benefits you may get as we associate –

  • Expand your sales funnel
  • Master your Digital Transformation Journey
  • Get reliable vendors and partners
  • Raise Money & Invest Money wisely
  • Gain from the collective knowledge of other entrepreneurs
  • Accelerate your journey as an entrepreneur.
  • Expand your business globally
  • Learn from the industry leaders and masters

Partner with eGrowth

eGrowth is a cost effective channel for you to expand your reach to manufacturers, importers, exporters, MSME service providers and MSME solution providers. We can design some  creative and pocket friendly MSME outreach solutions for you.

Click here to start a conversation.

eGrowth team works hard to ensure that you receive the very best news and information related to MSMEs every week. Unfortunately, mistakes can happen in spite of our best efforts. We ask for your patience and understanding when it does as we continue to strive for excellence.

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