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Opinion
Will adopting digital can actually help MSMEs ride through Covid

Will adopting digital can actually help MSMEs ride through Covid

Digitization of Micro, Small, Medium Enterprises (MSMEs) is one of the ways of rebuilding the country's economic backbone in the post-pandemic world. Indian MSMEs today are finding value in tying up with technology-driven startups to streamline their business processes. Read More

Opinion
MSME exports: How fintech can catalyse cross-border transactions for small firms selling via e-commerce

MSME exports: How fintech can catalyse cross-border transactions for small firms selling via e-commerce

Cross-border e-commerce helps Indian MSMEs in many ways. MSMEs, who choose to piggyback on an existing e-commerce platforms, can take advantage of the logistics support offered by these platforms. Read More

Trade Advice
Irrevocable Letter of Credit What is it & How does it work

Irrevocable Letter of Credit | What is it & How does it work

An ILOC gives the seller a guarantee that he/she will receive the fixed amount due, and also by the right time from the buyer. An ILOC provides added risk protection for the seller by promising a guarantee from both the buyer's and the seller's bank. Read More

Trade Advice
NVOCC Meaning and the complete guide to its process

NVOCC | Meaning and the complete guide to its process

NVOCC is an acronym for Non-Vessel Owning Common Carrier. It is a special agency that provides services like stuffing and transporting multiple containers to various ports. Read More

Trade Advice
Dunnage Meaning, Types & Usage in Shipping

Dunnage | Meaning, Types & Usage in Shipping

Dunnage is a commonly used term by industrial packaging technicians in the shipping industry. While transporting manufactured goods, dunnage is an inexpensive material that helps to load and secure all the items transported by ship, road, or rail. Read More