Tag «Indian SMEs»

Is it because of the patent costs or strict patent laws that Indian SMEs are moving out of India? Tarun Bansal, Founder & Director, SagaciousIP

The SME industry of India is no doubt a driving force for the Indian economy today. There are more than lakhs of SME units in India with investment of above Rs. 1 lakh crore. The sector has contributed approximately 40 percent to industrial production and 6 percent to country’s GDP. Approximately 70 percent of the employment growth …

 ICICI Bank partners with Alibaba.com to offer easier trade finance for Indian SMEs 

Mumbai: ICICI Bank, India’s largest private sector bank announced its association with Alibaba.com for the launch of the Trade Facilitation Center, a single window facility to provide easier trade finance to the small and medium enterprises in India. The collaboration for Trade Facilitation Center will enable the Indian entrepreneurs who are members of Alibaba.com to get …