09 February 2023
Sustainable Textiles & Sectoral Diversification Way Forward for Indian Exporters: Drip Capital Analysis
India is the sixth largest exporter of textiles and apparel in the world, but with a mere 4% share of the global market as against China’s massive 30%. Although textiles are currently in low demand, with consumers cutting down on discretionary spending, exporters can benefit by keeping an eye on emerging trends and opportunities.
02 February 2023
How Budget can help increase MSMEs' contribution to global trade
The world is looking at India as a hot investment destination, especially in manufacturing and production–the twin pillars for trade and trade-related growth. To help India leverage this opportunity and potentially catalyse MSMEs' contribution to global trade, the government should consider a three-pronged approach in Budget 2023-24.
26 December 2022
How Technology Help SMBs Manage Post-Cargo Arrival Operations
Considering the market dynamics, SMBs must become more conscious about effectively managing their post-arrival operations to optimize costs. In this regard, digitization of the supply chain will play a critical role in addressing the vulnerabilities and building robust processes.
02 January 2023
A $3.88 billion opportunity: How trade tech & trade finance can guide MSMEs through troubled macros
For India's trade sector to truly reward the economy, MSMEs must be given a free hand to expand and scale. This can only be achieved by eliminating the barriers obstructing their optimum growth, for which trade tech and trade financing could be the twin solutions.
14 November 2022
How national logistics policy will enhance MSMEs’ participation in global supply chains
The National Logistics Policy, recently launched by the government, is a comprehensive framework set to enhance the efficiency of India’s logistics system and ensure the seamless movement of goods across the country. Interestingly, the policy also aims to aid MSMEs' participation in global supply chains.
13 October 2022
What’s brewing in the world of coffee?
Though seeds of India’s connection with the world’s most popular beverage, coffee, were sown some 400 decades ago in Karnataka’s Chandragiri Hills, India is not among the top 10 coffee exporters in the world. However, with aid from the Coffee Board and the government, India has the potential to boost coffee exports and establish a niche market globally for its unique blends.
29 October 2022
India’s iron and steel exports slump by 56%. How to course-correct?
Engineering goods in FY22 reached an all-time high of $112.1 billion, significantly surpassing the target set by the Indian government and recording a 46% growth. But it is high time that India changes its basket composition, turns away from primary goods, and transitions toward complex value-added products.
29 September 2022
Indian MSMEs: Time to be on the world map
Indian MSMEs such as RAMP and CBFTE have the potential to complement the Atmanirbhar Bharat mission by fostering innovation and enhancement in industry standards and practices. The schemes will help India capitalize on the changing mindset among world economies seeking new geographies for expansion.
02 September 2022
How Technology Can Help Global Trade Become More Efficient, Inclusive and Equitable
New-age technologies don't just promote buy-seller discovery platforms but also allow service providers like trade financiers, insurance providers, and logistics companies to communicate amongst themselves and ensure interoperability within the ecosystem. Simply put, technology has the power to make cross-border trade more efficient, inclusive, and equitable for SMBs worldwide.
29 July 2022
Key Elements of Trade Factoring for Indian MSMEs
Digital empowerment, enhanced liquidity, and access to a plethora of ancillary services are some benefits of trade factoring for MSMEs. With more government support and a robust legal structure, factoring can be an excellent ally for MSMEs and, if successfully implemented, can lead to a significant economic revival for both the MSME sector and the economy.