SMEs should adopt e-commerce route to tap growth opportunities
Sharath Chowdary With the increase in internet usage, online payment systems and rapid development in the telecom sector, the e-commerce business is flourishing globally. India is also witnessing a positive trend with favourable investment climate, incubators and start-ups. But, unfortunately the Small and medium-sized enterprises (SMEs) in the country are not participating actively in this growth story. “The retail showrooms are following the marketing style of online shopping portals and sending message alerts to the customers about their offers. The brick-and-mortar stores are facing pressure from the e-commerce firms. Slowly, the heat will come to SMEs also. Instead of viewing it as a threat, see it as an opportunity. This e-commerce platform provides a gateway to new avenues,” Telangana ITEC Secretary Jayesh Ranjan said. Jayesh Ranjan ...
NAM amalgamates with more states as Govt. clears 12
The scheme predicts the execution of the NAM through setting up e-commerce platforms which would be stationed in 585 regulated wholesale market both in the state and the union territories who would like to join the e-platform The Dollar Business Bureau National Agricultural e-commerce platform The government has given its clearance to 12 states which would be merged with the National Agriculture Market. The Central Government has given its consent to the scheme for establishing the National Agriculture Market (NAM) with a Rs.200 crore budget. The scheme predicts the execution of NAM by setting up e-market platforms which would be stationed in 585 wholesale markets both in the state and the union territories. This applies to those who would like to join the ...
