Simplified Trade Finance
Government assistance is essential to help SME exporters make their mark in the world. However, it is important to make a distinction between assistance in the form of know-how, consultation, and regulatory easing, and financial assistance in the form of tax breaks and hand-outs. Both are important, no doubt, but the Indian SME sector has now reached a stage where it needs a helping hand more than it needs sops.
As one of the most widely used materials on the planet, plastic has become an indispensable part of the global economy. However, India's plastic exports are wavering and showing signs of a slowdown. What is needed to revive this flagging sector? A Drip Capital report takes a closer look.
Apparel exports form a large chunk of India's outbound shipments, but the sector has been in steady decline in the last few years. The government's decision to focus on other sectors like agriculture has left apparel exporters languishing and running out of options. However, there are still a few ways the situation can be turned around, and we examine these possible solutions.
Given the massive contribution of the MSME sector to India's economy, the Indian government has introduced several loan schemes aimed at improving access to credit. Here are some of the most well-known schemes for new and existing businesses alike.