MSME Newsletter 3 Nov 2022
2nd November 2022 2750
From The Editor’s Desk: The newsletter for this week indicates that India's exports are increasing. It is expected to export defence equipment to Africa. Trade with Latin America, particularly Brazil, is also expanding. India is also eyeing the expansion of its manufacturing sector and palm oil production. Continue reading our newsletter to stay updated on recent trade developments worldwide. - Puneet Kaur Saluja

Weekly MSME News Updates

HIGHLIGHTS OF THE WEEK

Tech for Good: Building an Ecosphere for Innovators

The DRDO is doing its part to help India reach its trillion-dollar economy goal. Y. Sreenivas Rao said that the Indian industry is now mature enough to undertake extensive defence R&D and manufacturing. Mrutyunjay Mohapatra stated that with modern sensors for weather forecasting, the goal is to give each household an early cyclone warning with precise data by 2025.

The Economic Times
International Business

India likely to begin FTA negotiations with GCC next month

The Gulf area has an enormous trade potential, and a deal with the GCC will further support India’s exports to the market. Rakesh Mohan Joshi stated that India might increase its exports of things like clothing, food, and other items. By 2030, India wants to increase its exports of goods and services to USD 2 trillion.

KNN India
International Business 

Govt to extend export sops to trades settled in rupees

Indian exporters that settle their trades in rupees will soon be able to benefit from export incentives and tax reductions. An FIEO analysis found that if the rupee settlement system is operational, India’s shipments to Russia might increase by an additional $5 billion. The main sectors where India’s exports to Russia could increase include agro products, food, pharmaceuticals, and engineering equipment.

Mint
Manufacturing

Intent to hire, across manufacturing and services sectors increased from 61% in Q2 to 65% in Q3, report

Employers intend to hire more people and increase their pool of resources in 57% of cases. Tier-1 cities reported a 91% intent to hire, compared to 69% in Tier-2 cities. Fast Moving Consumer Goods, Manufacturing, Engineering, Infrastructure, and Agricultural and Agrochemicals are the top industries in the top three cities: Bengaluru, Mumbai, and Chennai.

The Financial Express
Manufacturing

Centre Approves Maharashtra's First Electronics Manufacturing Cluster At Pune

The greenfield Electronics Manufacturing Cluster (EMC), with a project cost of Rs. 492.85 crores, has been approved by the Ministry of Electronics and IT. Shri Rajeev Chandrasekhar said that the Government of India is the EMCs’ enabling partner, and together with the state governments, they are trying to make the EMCs a catalyst for the state’s electronics industry.

Business Standard
Startups

ZS PRIZE to recognize healthcare innovations solving for India; invites startups, working professionals and students to apply

Registrations for the second edition of ZS PRIZE launched on November 1, 2022, are currently open. Registrations, idea submission, mentorship, jury presentation, and winner deliberation and announcement are the five stages of the six-month ZS PRIZE programme. The winners will each receive a portion of the cash award, which has a total value of Rs. 1.5 crore.

The Economic Times
Agriculture

Telangana’s ambitious palm oil strategy to help India reduce import -

Telangana’s Chief Minister, K. Chandrashekhar Rao, has been promoting the crop by giving farmers large subsidies; the state has set aside 10 billion rupees this year to encourage its cultivation. In the following four years, the state intends to increase the number of farmers from 6,500 to 35,000 and the area under oil palm cultivation by an additional two million acres.

BBC
North America

EU, US Set up Task Force to Resolve Electric Vehicle Feud

According to the Commission, “the Task Force will address specific concerns raised by the EU related to the IRA.” The credit was added by members of the Democratic Party of the U.S. in the climate and health care laws. The European Commission stated last month that certain legal provisions could hasten the shift away from fossil fuels, thereby assisting in the fight against climate change.

US News
Europe

Ensuring growth through business transfers in an ageing Europe

The EESC stated that business transfer promotion should be given a more significant role in recovery and economic plans by the EU and Member States. The Committee is confident that raising the proportion of successful transfers will immediately boost employment, ensure business continuity, and boost the European economy.

Open Access Government
Africa

India could fulfill Africa's maritime, aerospace and defence requirements: Exim Bank report

The India Exim Bank report stated that greater collaboration in aerospace, defence, and maritime equipment could ensure security and boost Africa’s technological capacity. Additionally, it will hasten India’s goal of $5 billion in defence exports by 2025. The network currently includes Indian military vehicle producers like Tata Motors and Ashok Leyland.

The Economic Times
Latin America

Africa and Latin America prop up India’s exports

The official data stated that exports to Latin America increased by 53.8% in August, while exports to Africa increased by 45.9%. August saw a whopping 127% increase in exports to Brazil, reaching $1.12 billion. Exporters told FE that attempts to diversify exports geographically are beginning to show some results.

The Financial Express
Asia

Asia-Pacific to dominate global growth in 2023: S&P

Regional free-trade agreements, effective supply chains, and competitive prices will contribute to the Asia-Pacific region’s economic growth. S&P Global Market Intelligence said trade diversification will be advantageous for Southeast Asia and India. It also expects moderate growth in the Middle East and Africa’s mineral and energy-producing regions.

The Economic Times
Australia

Partnerships drive Lithium Australia battery recycling growth

Through partnerships with LG, Battery World, Bunnings, and many other companies, Lithium Australia has expanded the input sources for their Envirostream battery recycling system. New agreements have been reached with Battery World and LG to recover spent batteries for its 110 stores in Australia and recycle 250 tonnes of lithium-ion batteries annually, respectively.

Business News
International Education

India Surpasses China as Top Sending Market to the U.S.; International Students Bring £26B to UK Economy

International students are starting to swell in number in many major study destinations. Not only are they beginning to make a difference in overall enrollment figures, they are also contributing substantially to the countries’ economies. Let’s hope that these trends hold so we can all go back to some semblance of pre-pandemic normalcy in the international education sector soon.

M Square Media

Industry Insights

Business Insights

Business Insights on Emerging Markets 2021

Along with the benefits of returning to regular economic activity, exporting nations in Africa and LAC are benefiting from indicators of higher commodity prices. Moreover, as of April 2021, the IMF’s financial projections showed a swifter and more encouraging trend than first expected, with estimated GDP growth rates for emerging and developing markets for 2021 at 6.0%.

OECD

eGrowth Events

Weekly Event

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

Register Now

eGrowth Promotions

Funding

Raise debt or dilute equity

eGrowth is connected with multiple financial institutions who can help you with your funding requirements. These could be for working capital, acquisition, market expansion or any other investment.

We can help you access capital.

WhatsApp Automation Tool

Sampark Setu

The best WhatsApp Marketing App is now FREE
Sampark Setu App, which allows you to send campaigns, create chatbots and organise contacts, is now free and available on the play store

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

Sampark Setu
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
Business Conference

BBNG Parivartan 2023

BBNG Parivartan 2023 is happening in Mumbai – Dombivli. In February 2023. This Parivartan 2023 Grand in all sense.

Theme of Parivartan is aiming Parivartan of “Vichar Vyavahar & Vikas”
Website:  www.parivartan23.in
Register for the Conference ASAP.
Also forward it to all your Brahmin Connects and Brahmin Groups.
Also please check the website for Guests and Itinerary for the conference, fixed till Date .

Thanks and Regards,

Team Parivartan 2023

eGrowth Updates

eGrowth Family

Deepanker Parashar joins eGrowth once again

eGrowth is pleased to welcome Deepanker Parashar to eGrowth family once again. Deepanker comes with a rich experience in international logistics.

He is the Founder of AaDE Trans Logistics. He is a very well connected  person –

? AaDE Trans has connections across the globe. They can offer you assured delivery in time, every time

?He is an avid biker and a smooth talker.

Join us to welcome Deepanker as we strengthen our resolve to serve MSMEs.

LinkedIn
eGrowth Family

SShreevidhya joins eGrowth once again

eGrowth is pleased to welcome Sshreevidhyaa to eGrowth family once again. Sshreevidhyaa is a Psychic Reader & Mystic Healer.

He is the co-founder at Ppure Energy. He is a very well connected  person –

?PPure Energy is founded by Shri Viral Manek, a renowned author, psychologist, energy worker, mystic guru & Sshreevidhyaa an excellent clairvoyant, money alchemist, healer, vaastu expert, gem therapist giving latest and greatest tools for easing into your power and making the most out of life.

Join us to welcome Sshreevidhyaa as we strengthen our resolve to serve MSMEs.

Ppure Energy
eGrowth Family

A warm welcome to Rajesh Budhraja

eGrowth is pleased to welcome Rajesh Budhraja to eGrowth family once again. Rajesh is the lead consultant and COO at Zeus India

He is a 1976 pass out from IIT Kharagpur. He is a very generous person, knowing how to give to others, even when they do not know what to ask for.   He is a very well connected  person in the corporate world –

?Lead Consultant & COO, Zeus India – HVAC & MEP consultants

? He has founded Zeus India, a platform which brings to Industry a galaxy of Experts for providing Technical Consultancy for Industrial HVAC, Natural Ventilation, Fume Extraction, Heat Recovery Systems.

Join us to welcome Rajesh as we strengthen our resolve to serve MSMEs.

LinkedIn
eGrowth Family

Warm Welcome to PN Shetty, CEO Rupeeboss Financial Services

eGrowth is pleased to welcome PN Shetty to eGrowth family once again. PN Shetty is the CEO at Rupeeboss Financial Services

?Rupeeboss has an online platform for instant sanctioning of loans for SME’s & retail customers.
?RupeeBoss has many integration with banks & NBFC’s for instant loan approvals for businesses and for retail customers.

Join us to welcome PN Shetty as we strengthen our resolve to serve MSMEs.

LinkedIn
eGrowth Family

Warm welcome to Dr. G Rameshkumar

eGrowth is pleased to welcome Dr. G Rameshkumar to eGrowth family. Ramesh is the Vice President and Business Head at Rupeeboss Financial Services

  • He is a very well decorated, expert in financial services.
  • Co-founder at moJOsh Inspirator Leadership Learning2Learn Systems
  • CEO – ALL INDIA COUNCIL OF HUMAN RIGHTS, LIBERTIES & SOCIAL JUSTICE (AICHLS)

Join us to welcome Dr. Ramesh as we strengthen our resolve to serve MSMEs.

LinkedIn
eGrowth Family

Warm welcome to Sujit Thakur

eGrowth is pleased to welcome Sujit Thakur to eGrowth family. Sujit is the founder at Aryan Engineers

  • Aryan Engineers was founded in 2006 with intention to reduce the abrasive cost of customer & grinding wheels to Indian customers. With state of the art plant near Mumbai Airport on Bhoomi World Industrial complex Thane. Ayran Engineers manufactures convert & trade coated & bended abrasives.

Join us to welcome Sujit as we strengthen our resolve to serve MSMEs.

Linkedin
eGrowth Family

Warm welcome to Mukesh Bansal

eGrowth is pleased to welcome Mukesh Bansal to eGrowth family. Mukesh is the founder at BTrack India Private Limited

  • Btrack is professional company providing solutions for Cloud hosting , Backup and Security Services to their esteemed client since 2002. We are known for our best after sales services which leads us to achieve success. We have proven technical solutions for your data security and providing the technical staff to resolve human resource need of the organisation.

Join us to welcome Mukesh as we strengthen our resolve to serve MSMEs.

LinkedIn
eGrowth Family

Warm Welcome to Dinesh Verma

eGrowth is pleased to welcome Dinesh Verma to eGrowth family. Dinesh is the founder of Gullybaba Publishing House, Gullybaba Kids and Pendown Press

  • Pendown press promises – build your brand & become an influencer with your book. Publish it with near zero efforts.
  • Gullybaba Publishing provides range of support and services for IGNOU Students.
  • Gullybaba Kids is one of the most innovational endeavours to give all the things that our kids deserve/need to learn—right from fun, entertainment, knowledge, wisdom to awareness towards their duties, love for their parents, respect for their elders and allegiance(loyalty) towards their nation.

Join us to welcome Dinesh as we strengthen our resolve to serve MSMEs.

LinkeIn
MSME Solutions

eGrowth Solutions

At eGrowth we are a part of your solution, rather than adding to your problems. We want you to ask for more. And for this we are ready with our solutions.

?Business Finance Solutions –

  • Deal Structuring | Equity| Sale / Purchase | Borrow / Loans | Investment

?Business Transformation Solutions

  • Mission | Market | Message | Media | Measurement

?Business Management Solutions

  • Mentorship | Business Skills | Manpower

?Vendor Development Solutions

  • Machines | Material | Infrastructure | Methods

?Business Networking Solutions

  • eGrowth.org | Social Media | WhatsApp | YouTube | Newsletter | Opportunity Exchange | eGrowth Mixers
Contact us

Why eGrowth

ACT to Get

Attract - Cultivate - Transact

eGrowth is a multi-channel, Sales Conversion 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

 

Explore What Is In It For You

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.

Leave a comment