Since the beginning of the Russia-Ukraine crisis, the Indian rupee has depreciated by nearly 7%, hovering close to 80 per US dollar. The rupee’s depreciation is the result of a number of factors, including rising geopolitical and insecurity risks, soaring energy prices, and the subsequent outflows of Foreign Institutional Investors (FIIs). To date, in this calendar year, FIIs have withdrawn a record US$ 30 bn.

http://smefutures.com/impact-o....f-rupee-depreciation

#rupeedepreciation #msme #india #russiukrainecrisis

The pet care industry is growing at a faster pace. Increased pet adoption after the pandemic is driving the Indian pet care industry to touch Rs 10,000 crore by 2025, prompting FMCG majors like Nestle India and Emami to enter the sector. The pet food market is currently around Rs 4,000 crore and expected to grow significantly over the next five years. Mars Petcare and Himalaya Wellness Company, among others, are the two major companies operating in the segment.

https://smefutures.com/pet-car....e-industry-grows-aft

#petcare #petcareindustries #fmcgcompany #smefutures

Digital inclusion and connectivity for all is an integral part of ‘antyodaya’ vision of the Government. Last year Government approved a project for providing 4G mobile services in 7,287 uncovered villages in 44 aspirational districts across 5 states.

https://smefutures.com/indian-....villages-to-get-4g-n

#4gnetwork #indianvillage #digitalconnecitivity #smefutures

The partnership will provide support to MSMEs including farmers, entrepreneurs, merchants, and retailers facing challenges due to fast-changing business environment

https://smefutures.com/ayekart....-and-indo-american-b

#indoamericanbusinesschamber #msmes #smefutures

Says Rajit Bhattacharya, CEO of Data Sutram who has faced many challenges in trying to solve the problem of unstructured data. There are 9 lakh data companies in the US while India hardly has nine. Government initiatives are pushing for a better data management system, but it too will take time, he points out.

http://smefutures.com/data-sut....ram-processes-unstru

#datasutramprocess #unstructureddata #datascientists