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Festive cheer for PVs in rural markets
Over the last five years, the rural market has witnessed significant reforms enabling the Indian population to move up the value chain and expand income levels. Even the COVID-19 pandemic turned positive for the rural market as considerable young migrant labourers returned to their villages and took up entrepreneurship to setup small tertiary farm businesses, thereby creating new income opportunities for families. This, combined with relatively low potency of COVID-19 cases and a goo...
Auto dealers cheer government’s MSME decision
Automotive dealerships that play a key role in the auto value chain were impacted during the pandemic due to declining sales, lockdown restrictions, and high finance and maintenance costs. No wonder the government’s recent announcement to include the retail and wholesale trade under the ambit of Micro, Small & Medium Enterprises (MSME) has been welcomed by the dealership fraternity who can now look ahead to availing the benefits and subsidies offered by the states to MSMEs. ...
