SME Digital World

Author: pankti

Union Education Minister Dharmendra Pradhan inaugurates agricultural technology centre in Meerut

Union Education Minister Dharmendra Pradhan inaugurates agricultural technology centre in Meerut

Union Education Minister Dharmendra Pradhan officially opened the Agricultural Technology Innovation Centre at Sardar Vallabh Bhai Patel Agricultural University in Meerut. The inauguration underscores the government’s commitment to transforming farmers into successful entrepreneurs within the agriculture sector. The focus of the centre is to promote technology for the betterment of the farming community.
Union Minister Pradhan highlighted the crucial role of Artificial Intelligence (AI) in doubling farmers’ income and ensuring they receive fair prices for their produce. He specifically mentioned IIT Ropar’s leadership in the Centre of Excellence for AI in Agriculture, indicating a strong push for technological innovation in the sector.
Further supporting skill development among farmers, Mr. Pradhan announced the establishment of a Skill Development Centre at the university. This centre aims to boost farmer-focused research and encourage the creation of agricultural technology startups, fostering a vibrant ecosystem of innovation.
The event saw the attendance of Union Ministers Jayant Chaudhary and Surya Pratap Shahi. Mr. Chaudhary commended the collaboration between IIT and the Agriculture University, emphasizing that innovation would now directly reach farms, leading to a tangible and positive impact on the lives of farmers in Meerut and surrounding areas. This marks a significant step in bringing cutting-edge agricultural technology to the grassroots level.
Centre’s Key Objectives
The Agricultural Technology Innovation Centre in Meerut has several key objectives aimed at revolutionising the agriculture sector. A primary goal is to facilitate the seamless transfer of cutting-edge agricultural technology from research labs to the fields. This ensures that farmers can readily adopt new methods and tools to improve their productivity and efficiency.
Another crucial objective is to promote the use of data-driven insights in farming practices. By leveraging data analytics and AI, the centre seeks to provide farmers with real-time information on soil health, weather patterns, and crop diseases. This enables them to make informed decisions regarding irrigation, fertilisation, and pest control, optimising resource utilisation and minimising losses. Union Minister Pradhan believes that this data-centric approach will be transformative for the farming community.
Furthermore, the innovation centre aims to foster collaboration between researchers, agricultural technology startups, and farmers. By creating a platform for knowledge sharing and networking, the centre hopes to accelerate the development and adoption of innovative solutions tailored to the specific needs of the region. This collaborative environment is essential for driving sustainable growth and enhancing the competitiveness of the agriculture sector in Meerut and beyond.
The centre also prioritises skill development and capacity building among farmers. Through targeted training programmes and workshops, the centre will equip farmers with the necessary skills to operate and maintain new technologies effectively. This ensures that farmers are not just passive recipients of technology but active participants in its deployment and improvement. This emphasis on skill development is crucial for ensuring the long-term sustainability of the agricultural technology revolution.
Technology On Display
During the inauguration, a range of agricultural technologies were showcased, highlighting the potential impact on local farming practices. These included advanced drone systems for crop monitoring and spraying, precision irrigation systems that optimise water usage, and soil sensors that provide real-time data on nutrient levels. The exhibition aimed to demonstrate how these technologies can help farmers improve yields, reduce costs, and minimise environmental impact.
One of the key highlights was a demonstration of AI-powered agricultural robots designed for tasks such as weeding and harvesting. These robots use computer vision and machine learning to identify and selectively remove weeds, reducing the need for manual labour and chemical herbicides. Similarly, harvesting robots can efficiently pick ripe fruits and vegetables, minimising damage and reducing post-harvest losses. Union Minister Pradhan showed keen interest in the agricultural technology, interacting with the experts present.
Visitors also had the opportunity to explore various digital platforms designed to connect farmers with markets and provide access to financial services. These platforms enable farmers to sell their produce directly to consumers, bypassing intermediaries and increasing their profits. Additionally, they offer access to loans, insurance, and other financial products tailored to the needs of the agricultural community. The innovation centre aims to facilitate the adoption of these digital solutions to improve market access and financial inclusion for farmers in Meerut and surrounding regions.
The showcased agricultural technology also included demonstrations of improved seed varieties and organic farming methods. These innovations aim to enhance crop resilience, reduce dependence on chemical inputs, and promote sustainable agricultural practices. Farmers were particularly interested in learning about the potential of these technologies to improve soil health and reduce the environmental footprint of their farming operations. The inauguration event provided a valuable platform for farmers to interact with experts and learn about the latest advancements in sustainable agriculture.
Impact On Local Farmers
The establishment of the Agricultural Technology Innovation Centre in Meerut is poised to bring about significant changes in the lives of local farmers. Farmers in the region can anticipate increased access to cutting-edge agricultural technology, empowering them to enhance their productivity and profitability. The centre will serve as a hub for knowledge dissemination, providing farmers with the training and resources needed to effectively utilise new techniques and tools.
With the innovation centre’s focus on AI and data-driven farming, farmers can expect to make more informed decisions about their crops. Access to real-time data on soil conditions, weather patterns, and pest infestations will enable them to optimise resource allocation and minimise losses. This precision agriculture approach promises to boost yields and improve the overall efficiency of farming operations in the Meerut region.
Furthermore, the centre’s emphasis on collaboration between researchers, startups, and farmers is expected to foster a culture of innovation and entrepreneurship within the agricultural community. Local farmers will have the opportunity to engage with experts, share their experiences, and contribute to the development of solutions tailored to their specific needs. This collaborative ecosystem is essential for driving sustainable growth and enhancing the competitiveness of the agriculture sector.
The Skill Development Centre, announced during the inauguration by Union Minister Pradhan, will play a crucial role in equipping farmers with the skills needed to operate and maintain new technologies. This will ensure that farmers are not merely passive recipients of technology, but active participants in its deployment and improvement. This emphasis on skill development is essential for ensuring the long-term sustainability of the agricultural technology revolution in Meerut.
Ultimately, the Agricultural Technology Innovation Centre aims to empower local farmers to become more resilient, sustainable, and profitable. By providing access to the latest agricultural technology, fostering collaboration, and promoting skill development, the centre is expected to transform the agricultural landscape of Meerut and improve the livelihoods of countless farming families. The inauguration of this centre marks a significant step towards a more prosperous and technologically advanced future for agriculture in the region.

July 9, 2025
India’s logistics fragmentation persists, Delhivery SME head notes

India’s logistics fragmentation persists, Delhivery SME head notes

India’s logistics sector grapples with persistent fragmentation, creating significant hurdles for businesses, especially SMEs. The market’s vibrant nature, while offering choice, also presents challenges in ensuring consistent service quality and reliability. Numerous players, from large integrated logistics providers to regional specialists and hyperlocal services, compete for market share. This intense competition, coupled with government initiatives aimed at streamlining the sector, is reshaping the landscape.

According to Delhivery’s business head, Mohammed Ali, this fragmentation necessitates a strategic approach focused on delivering value. This value proposition encompasses a combination of reliability, speed, extensive reach, technological innovation, and superior customer service. Delhivery believes that by offering this comprehensive package, it can effectively navigate the complexities of the Indian logistics market and cater to the diverse needs of its clientele, particularly SMEs.

One of the key challenges arising from this fragmentation is the difficulty in establishing a seamless and efficient supply chain. The reliance on multiple vendors and varying service levels can lead to delays, increased costs, and reduced transparency. SMEs, often lacking the resources and expertise to manage these complexities, are particularly vulnerable to the negative impacts of a fragmented logistics ecosystem.
Impact On Small Businesses
India’s logistics sector grapples with persistent fragmentation, creating significant hurdles for businesses, especially SMEs. The market’s vibrant nature, while offering choice, also presents challenges in ensuring consistent service quality and reliability. Numerous players, from large integrated logistics providers to regional specialists and hyperlocal services, compete for market share. This intense competition, coupled with government initiatives aimed at streamlining the sector, is reshaping the landscape.

According to Delhivery’s business head, Mohammed Ali, this fragmentation necessitates a strategic approach focused on delivering value. This value proposition encompasses a combination of reliability, speed, extensive reach, technological innovation, and superior customer service. Delhivery believes that by offering this comprehensive package, it can effectively navigate the complexities of the Indian logistics market and cater to the diverse needs of its clientele, particularly SMEs.

One of the key challenges arising from this fragmentation is the difficulty in establishing a seamless and efficient supply chain. The reliance on multiple vendors and varying service levels can lead to delays, increased costs, and reduced transparency. SMEs, often lacking the resources and expertise to manage these complexities, are particularly vulnerable to the negative impacts of a fragmented logistics ecosystem.

The existing logistics fragmentation significantly impacts small businesses in India. SMEs often face difficulties negotiating favourable rates and service agreements with logistics providers due to their smaller shipping volumes. This puts them at a disadvantage compared to larger enterprises that can leverage their scale to secure better deals. Inefficient logistics can lead to increased operational costs, eroding profit margins for SMEs and hindering their ability to compete effectively in the market.

Furthermore, unreliable delivery schedules and a lack of real-time tracking capabilities can damage an SME’s reputation and customer relationships. In today’s fast-paced business environment, customers expect prompt and transparent delivery services. SMEs that cannot meet these expectations risk losing customers to competitors who offer superior logistics solutions. This highlights the critical need for SMEs to access reliable and cost-effective logistics services to maintain competitiveness and foster growth.

Access to technology also presents a hurdle. Many SMEs lack the resources to invest in sophisticated logistics management systems, making it difficult for them to optimise their supply chain operations. This can lead to inefficiencies in inventory management, order fulfilment, and route planning. The fragmented nature of the logistics sector further exacerbates these challenges, as SMEs often struggle to integrate their systems with those of multiple logistics providers.
Delhivery’s Perspective
Delhivery’s approach to tackling India’s logistics fragmentation centres around building a robust, technology-driven platform specifically tailored for SMEs. The business head emphasises that the company is deeply invested in understanding the unique challenges faced by these businesses and designing solutions that address their specific needs. This includes offering a range of value-added services such as warehousing, inventory management, and last-mile delivery, all integrated into a single, user-friendly platform.

According to Delhivery, technology plays a crucial role in streamlining the supply chain and improving efficiency. The company leverages advanced data analytics and machine learning algorithms to optimise routes, predict demand, and minimise delays. This technological prowess enables Delhivery to provide its SME clients with real-time visibility into their shipments, empowering them to proactively manage their logistics operations and enhance customer satisfaction. The business head stated that the company aims to empower SMEs with logistics capabilities previously only accessible to larger enterprises.

Delhivery also acknowledges the importance of fostering strong partnerships within the logistics ecosystem. They are actively collaborating with regional players and hyperlocal services to expand their reach and offer comprehensive coverage across India. This collaborative approach allows Delhivery to leverage the strengths of different players, creating a more resilient and efficient logistics network for its SME clients. The company believes that by working together, it can contribute to overcoming the challenges posed by fragmentation and driving sustainable growth in the sector.

July 9, 2025
Jitan ram manjhi visits mumbai msme technology centre

Jitan Ram Manjhi visits Mumbai MSME Technology Centre

Shri Jitan Ram Manjhi, Union Minister for the Ministry of Micro, Small & Medium Enterprises (MSME), paid a visit to the MSME Technology Centre, Institute for Design Of Electrical Measuring Instruments (IDEMI) Mumbai, on 3rd July 2025. The visit included a review meeting led by Shri Manjhi, followed by an extensive tour of the IDEMI Mumbai facilities.

During his time at the MSME Technology Centre, the Hon’ble Minister received an overview of components developed for the Chandrayaan mission. He also explored the state-of-the-art AR/VR laboratory. Furthermore, detailed presentations were delivered, focusing on key initiatives such as the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and the PM Vishwakarma scheme, both crucial for supporting MSMEs across India.
Centre’s Technological Offerings
Shri Jitan Ram Manjhi, Union Minister for the Ministry of Micro, Small & Medium Enterprises (MSME), paid a visit to the MSME Technology Centre, Institute for Design Of Electrical Measuring Instruments (IDEMI) Mumbai, on 3rd July 2025. The visit included a review meeting led by Shri Manjhi, followed by an extensive tour of the IDEMI Mumbai facilities.

During his time at the MSME Technology Centre, the Hon’ble Minister received an overview of components developed for the Chandrayaan mission. He also explored the state-of-the-art AR/VR laboratory. Furthermore, detailed presentations were delivered, focusing on key initiatives such as the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and the PM Vishwakarma scheme, both crucial for supporting MSMEs across India.

IDEMI Mumbai has demonstrated its capabilities by developing crucial components for ISRO, including cryogenic engine parts. The centre also produces specialised gauges for submarines and robotic tools used in delicate neurosurgery, showcasing its advanced engineering skills. In addition to these sophisticated applications, the MSME Technology Centre manufactures practical equipment such as soil testing tools and silk reeling machines, supporting farmers and women entrepreneurs in rural India.

The centre’s infrastructure includes advanced facilities for CAD/CAM, automation, tool design, and robotics. IDEMI Mumbai collaborates with leading organisations like the Indian Navy, BHEL, and GAIL to provide calibration and maintenance services for their instruments. Through its research and development efforts with BARC, the centre has created specialised tools for both agricultural and medical applications. Furthermore, it offers comprehensive design and manufacturing services, leveraging 3D modelling, reverse engineering, and rapid prototyping to meet diverse industry needs. The Ministry of Micro Small and Medium Enterprises supports such initiatives to boost technological advancement in the country.
Discussions And Outcomes
During the discussions, Shri Jitan Ram Manjhi conveyed his appreciation for the overall performance and significant contributions of the MSME Technology Centre, IDEMI Mumbai, to the MSME sector. He acknowledged the centre’s role in fostering technological advancement and providing crucial support to small businesses in India.

The Hon’ble Minister also offered valuable guidance on how to broaden the reach of the MSME Technology Centre’s advanced technology services and training programmes. He encouraged IDEMI Mumbai to explore opportunities to extend its services beyond the immediate Mumbai and Maharashtra region, aiming to benefit a larger number of MSMEs across India. This expansion would involve tailored programmes designed to meet the diverse needs of MSMEs in different regions.

Furthermore, discussions revolved around enhancing the centre’s collaboration with other institutions and industries to foster innovation and technology transfer. Shri Jitan Ram Manjhi emphasised the importance of aligning the centre’s activities with national priorities and emerging industry trends. The Ministry of Micro Small and Medium Enterprises aims to create an ecosystem that supports the growth and competitiveness of MSMEs across the nation, and IDEMI Mumbai plays a crucial role in this endeavour.

July 7, 2025
Noida secures second Electronics Manufacturing Hub

Noida secures second Electronics Manufacturing Hub

Noida is set to receive a significant manufacturing boost with the government approval for a second electronics manufacturing cluster, EMC 2.0. This initiative, backed by a ₹417 Cr investment, aims to bolster local manufacturing and foster innovation within the electronics industry. The Union Government, operating through the Ministry of Electronics and IT, has given the green light for establishing the Electronics Manufacturing Cluster (EMC 2.0) in Noida, Gautam Buddha Nagar, Uttar Pradesh.

Senior officials, including IT Minister Ashwini Vaishnaw and Minister of State Jitin Prasada, reviewed the project, highlighting its importance. The Yamuna Expressway Industrial Development Authority (YEIDA) will spearhead the industrial development of the Electronics Manufacturing Cluster 2.0 in Noida. Spanning across 200 acres, this cluster is anticipated to attract investments of approximately ₹2,500 crore, further catalysing economic growth in the region.

Recognising the state government’s critical role, officials have been directed to collaborate closely with Uttar Pradesh authorities. This collaborative approach aims to ensure the swift and efficient execution of the project, maximising its positive impact on the local economy and the broader electronics industry.

Investment And Job Creation

The establishment of the electronics manufacturing cluster in Noida is projected to unlock substantial investment opportunities and create numerous jobs within the region. The anticipated ₹2,500 crore investment is expected to spur industrial development and attract both domestic and international companies involved in the electronics industry. This influx of capital will not only boost the local economy but also enhance Noida’s reputation as a prime destination for electronics manufacturing.

Beyond the direct financial investment, the EMC 2.0 initiative promises a significant manufacturing boost to the job market. The cluster is forecast to generate a multitude of employment opportunities across various skill levels, ranging from highly skilled engineers and technicians to assembly line workers and support staff. This job creation will positively impact the livelihoods of thousands of families in Uttar Pradesh and contribute to the overall socio-economic development of the region. The government approval reflects a commitment to strengthening the electronics manufacturing sector and fostering economic prosperity through targeted investment and industrial development.

The ₹417 Cr investment in infrastructure and facilities within the electronics manufacturing cluster is strategically designed to support the growth and competitiveness of businesses operating within the park. By providing access to world-class infrastructure and shared resources, the EMC 2.0 aims to lower operational costs and enhance productivity for companies. This will further incentivise investment and expansion, leading to even greater job creation and economic growth in the long term. Noida is set to become a hub for innovation and manufacturing excellence, attracting talent and driving economic prosperity for years to come.

Challenges And Future Outlook

Despite the promising outlook, the Noida electronics manufacturing cluster faces several challenges. Securing a consistent supply chain for raw materials and components is crucial. Fluctuations in global markets and geopolitical factors could disrupt the availability and pricing of essential inputs, potentially impacting production schedules and profitability. Furthermore, attracting and retaining skilled labour remains a key concern. The electronics industry requires a highly trained workforce, and Noida must invest in skill development programs to meet the growing demand. Competition from other manufacturing hubs, both within India and internationally, poses another challenge. Noida needs to differentiate itself by offering a competitive business environment, streamlined regulatory processes, and robust infrastructure.

Looking ahead, the future of the electronics manufacturing cluster hinges on continuous innovation and adaptation. Embracing new technologies, such as automation and artificial intelligence, is essential to enhance productivity and efficiency. Furthermore, fostering collaboration between industry, academia, and research institutions can drive innovation and create a vibrant ecosystem. The government approval and ₹417 Cr investment provide a strong foundation, but sustained effort is required to ensure the long-term success of the project. Addressing these challenges proactively and capitalising on emerging opportunities will pave the way for Noida to become a leading electronics manufacturing hub and contribute significantly to the growth of the electronics industry in Uttar Pradesh.

Moreover, environmental sustainability needs prioritising. As industrial development intensifies, it’s crucial to adopt eco-friendly manufacturing practices and minimise the environmental footprint of the electronics manufacturing cluster. Implementing waste management systems, promoting energy efficiency, and encouraging the use of renewable energy sources are vital steps. By embracing sustainability, Noida can attract environmentally conscious investors and ensure the long-term viability of the electronics manufacturing cluster.

June 26, 2025
Best ERP Software for SMEs in India (2025 Edition)
Best ERP Software for SMEs in India (2025 Edition)

In today’s fast-evolving business landscape, small and medium-sized enterprises (SMEs) in India are increasingly recognizing the importance of digital tools for growth. One of the most critical tools among them is ERP software – a solution that centralizes operations, automates processes, and offers real-time visibility across departments.
But with dozens of ERP solutions in the market, choosing the right one can be overwhelming. To make your decision easier, we’ve curated a list of the best ERP software for Indian SMEs in 2025, starting with a powerful homegrown solution: Vision ERP.
Why SMEs Need ERP Software in 2025

ERP (Enterprise Resource Planning) software is no longer just for large enterprises. Today’s SMEs need to manage increasing complexity from inventory and compliance to multi-location operations and customer expectations. Here’s how ERP helps:
Real-time business insights
Automation of repetitive tasks
Smarter inventory control
Scalable infrastructure for growth
Better compliance and audit readiness
With cloud-based and AI-powered ERP systems becoming more affordable, SMEs now have access to enterprise-level tools at SME-level costs.
Vision ERP by Proteus
Vision ERP is a robust, AI-powered ERP solution designed specifically for Indian SMEs. Built by Proteus Technologies, this cloud-native software caters to diverse industries like pharmaceuticals, food processing, engineering, FMCG, and textiles.
Standout Features:
AI-driven automation and predictive insights
Fast implementation (go live in days)
User-friendly, mobile-accessible interface
Industry-specific modules for faster onboarding
Real-time dashboards and reporting

Zoho One (Zoho ERP)
Zoho One offers a comprehensive suite of cloud applications that functions as an ERP for startups and service-driven SMEs. It’s ideal for teams looking for quick deployment and easy usability.
Key Benefits:
Budget-friendly
Cloud-based and mobile-ready
Strong CRM, HR, and finance integration

TallyPrime with Cloud Access
Tally has long been the go-to software for accounting in India. With the advent of Tally on Cloud, it has become a basic ERP alternative for SMEs focusing on inventory and financial management.
Why Consider It:
Easy transition for existing Tally users
Ideal for basic finance and stock control
Familiar and simple interface

SAP Business One
For SMEs that are scaling rapidly and require robust features, SAP Business One is a powerful ERP platform offering deep functionality and strong global support.
Strengths:
Advanced reporting and analytics
Strong integration ecosystem
Best suited for manufacturing and distribution businesses

ERPNext
ERPNext is an open-source ERP developed in India, ideal for companies that prefer flexibility and in-house customization.
Notable Features:
Modular structure with apps for CRM, HR, and Projects
Suitable for manufacturing, retail, and education sectors
Active open-source community for support
The best ERP solution for your business depends on your industry, budget, and how fast you want to scale. While global tools like SAP and Zoho offer depth and brand recognition, Indian solutions like Vision ERP stand out for their speed of implementation, localized features, and industry-specific flexibility.
As we move deeper into 2025, SMEs that adopt smart ERP systems will have a clear edge in efficiency, decision-making, and growth readiness.
June 20, 2025
G7 pledges joint effort on AI adoption

G7 pledges joint effort on AI adoption

Leaders at the G7 Summit have pledged a joint effort to accelerate the adoption of artificial intelligence across various sectors. Recognising the transformative potential of AI technology, the G7 nations are committed to working together to boost its integration within the public sector. This initiative aims to improve efficiency, enhance services, and foster innovation across government operations.

A key priority is supporting small and medium-sized enterprises (SMEs) in their digital transformation journey. The G7 recognises that SMEs often face unique challenges in accessing and implementing AI solutions. Therefore, the focus will be on helping SMEs adopt and develop safe, secure, and trustworthy AI systems, ensuring they can benefit from this technology and remain competitive in the global market. This cooperation will facilitate the sharing of best practices and resources, empowering SMEs to leverage AI for growth and efficiency.

The G7 also acknowledges the significant energy demands associated with AI. A crucial aspect of their joint effort involves addressing these energy challenges and exploring the potential of AI in driving energy efficiency and innovation. This includes developing AI-powered solutions for optimising energy consumption, improving grid management, and accelerating the development of renewable energy sources. By harnessing AI, the G7 aims to create a more sustainable and energy-efficient future.
Key Areas Of Collaboration
The G7 nations are set to intensify their cooperation in several key areas to drive responsible artificial intelligence development and deployment. One primary focus is on establishing common standards and frameworks for AI, ensuring interoperability and facilitating cross-border data flows. This collaborative approach will promote a level playing field for businesses and researchers, encouraging innovation and preventing fragmentation of the global AI landscape. Harmonising regulations and guidelines is crucial for fostering trust and confidence in AI technology.

Another vital area of collaboration centres on promoting AI skills development and education. The G7 recognises the need to equip the workforce with the necessary skills to thrive in an AI-driven economy. This involves investing in education and training programmes that focus on AI-related skills, such as data science, machine learning, and AI ethics. By fostering a skilled workforce, the G7 aims to ensure that its citizens can fully participate in and benefit from the digital transformation powered by AI.

Furthermore, the G7 is committed to supporting research and development in AI, particularly in areas that address societal challenges. This includes funding research into AI applications for healthcare, climate change, and sustainable development. By pooling resources and expertise, the G7 nations can accelerate the development of innovative AI solutions that contribute to solving pressing global issues. This collaborative approach to research and development will help unlock the full potential of artificial intelligence for the benefit of humanity.
Addressing Ai Risks
Recognising the potential risks associated with artificial intelligence, the G7 is committed to addressing these challenges proactively. A key focus is on mitigating biases in AI systems to ensure fairness and prevent discrimination. The G7 nations will work together to develop methodologies for identifying and rectifying biases in AI algorithms and datasets. This collaborative effort aims to promote equitable outcomes and prevent the perpetuation of societal inequalities through AI technology. Ensuring transparency and accountability in AI systems is also vital to build public trust and confidence.

Another critical area involves addressing cybersecurity threats related to AI. As AI systems become more integrated into critical infrastructure and sensitive applications, protecting them from malicious attacks is paramount. The G7 will collaborate on developing robust cybersecurity frameworks and best practices for AI, including measures to prevent data breaches, algorithmic manipulation, and other forms of cybercrime. Strengthening international cooperation on cybersecurity is essential to safeguard the integrity and reliability of AI systems. This includes promoting information sharing and joint exercises to enhance preparedness and response capabilities.

The G7 also acknowledges the importance of addressing the potential misuse of AI for malicious purposes, such as autonomous weapons and surveillance technologies. They are committed to working together to establish ethical guidelines and legal frameworks that govern the development and deployment of AI in these sensitive areas. This includes promoting responsible innovation and preventing the use of AI in ways that violate human rights or undermine international security. The G7’s cooperation aims to ensure that AI technology is used for the benefit of humanity and not as a tool for harm.
Global Ai Governance
The G7 nations recognise that the governance of artificial intelligence requires a global perspective. They are dedicated to fostering international cooperation to establish common principles and standards for AI governance. This includes working with international organisations, such as the United Nations and the OECD, to promote a harmonised approach to AI regulation and ethics. By engaging in multilateral dialogue, the G7 aims to ensure that AI is developed and deployed responsibly on a global scale, addressing concerns related to data privacy, security, and human rights. This collaborative effort is essential for building a trusted and inclusive AI ecosystem.

A central aspect of global AI governance is promoting interoperability and avoiding fragmentation. The G7 seeks to facilitate the seamless flow of data and AI technologies across borders, while respecting national laws and regulations. This involves establishing common frameworks for data governance, including data protection and cross-border data transfers. By fostering interoperability, the G7 aims to unlock the full potential of artificial intelligence for global innovation and economic growth. This also requires addressing potential barriers to trade and investment in AI, such as discriminatory practices and protectionist measures.

Furthermore, the G7 recognises the importance of promoting ethical considerations in AI development and deployment worldwide. This includes establishing ethical guidelines and frameworks that address issues such as bias, fairness, and accountability. The G7 nations will work together to promote responsible innovation in AI, ensuring that the technology is used for the benefit of all and does not exacerbate existing inequalities. By championing ethical AI, the G7 aims to build public trust and confidence in this transformative technology and promote its responsible adoption across the globe. This requires ongoing dialogue and collaboration with stakeholders, including governments, industry, academia, and civil society.

June 19, 2025
Top 5 Cloud ERP Software in India
Top 5 Cloud ERP Software in India

In today’s rapidly evolving business environment, Cloud ERP software is becoming a game-changer for businesses of all sizes. With improved accessibility, reduced costs, and real-time data management, cloud-based ERP solutions are enabling companies to streamline operations and boost efficiency.

What is Cloud ERP and How Does It Work?

Cloud ERP (Enterprise Resource Planning) is a software hosted on a cloud platform that helps businesses manage their core functions – such as finance, inventory, sales, HR, and procurement – from a centralized system accessible via the internet. Unlike traditional ERP systems that require heavy on-premise infrastructure, cloud ERP offers scalability, flexibility, and lower upfront investment.
Users can access cloud ERP platforms anytime, anywhere through a web browser. The system is regularly updated, and maintenance is handled by the provider, reducing IT overhead for businesses.
Why Cloud ERP Is Important for Indian Businesses

India’s SME and mid-market sector is booming. However, these businesses often struggle with fragmented data, manual processes, and limited visibility. This is where cloud-based ERP systems become essential:
Cost-effective and scalable
Real-time data access and analytics
Faster implementation and updates
Improved collaboration across locations
Enhanced data security and compliance
Top 5 Cloud ERP Software in India

1.Vision ERP by Proteus
Vision ERP is a powerful AI-powered cloud ERP tailored for mid to small industries in India. It supports industry-specific templates for pharmaceuticals, food & beverages, textiles, engineering, life sciences, and more.
Key Features:
AI-driven automation for smarter decision-making
Self-customizable modules to fit your business
Scalable and quick to implement
Cloud-native with built-in business intelligence
Ideal for fast-growing companies and SMEs

2. SAP Business One
A well-known name globally, SAP Business One offers a localized cloud ERP solution for Indian businesses. It is suited for SMEs seeking an integrated platform for finance, operations, and CRM.
Pros:
Strong analytics and reporting tools
Trusted global support
Suitable for manufacturing and retail sectors

3. TallyPrime with Tally on Cloud
Tally is a household name in Indian accounting. With Tally on Cloud, businesses can now experience TallyPrime in a cloud environment, making it easier to access across locations.
Pros:
Familiar UI for Indian businesses
Great for accounting and inventory
Affordable for small businesses

4. Oracle NetSuite ERP
A leading cloud ERP for growing enterprises, Oracle NetSuite provides a robust suite for finance, CRM, eCommerce, and supply chain management.
Pros:
Strong financial management features
Good scalability for fast-growing firms
Excellent integration capabilities

5. Zoho ERP (Zoho One)
Zoho offers a bundle of business applications, and Zoho One functions like an ERP for small and medium-sized enterprises. It includes tools for sales, finance, HR, and operations.
Pros:
Budget-friendly
Easy to use
Wide range of integrations
June 18, 2025
MNRE seeks proposals for solar and battery circularity

MNRE seeks proposals for solar and battery circularity

India faces significant challenges regarding solar waste due to the increasing deployment of solar technology. The growing volume of end-of-life solar panels necessitates robust waste management strategies. Without effective recycling and reuse mechanisms, valuable materials are lost, and environmental risks increase. Improper disposal can lead to soil and water contamination, undermining the environmental benefits of solar energy.

The current infrastructure for handling solar waste is insufficient to manage the projected increase in discarded panels. The lack of widespread recycling facilities and established collection networks poses a major hurdle. Promoting a circular economy in the solar sector requires addressing these infrastructural gaps and incentivising responsible waste management practices. MNRE recognises these challenges and seeks to foster sustainable solutions.

Similar concerns exist for battery technology, especially with the rising adoption of electric vehicles and energy storage systems. Spent batteries contain hazardous materials, and improper disposal can have severe environmental consequences. Developing efficient and economically viable battery recycling processes is crucial to mitigating these risks. Furthermore, promoting the reuse of battery components can significantly reduce the demand for new materials, contributing to a more circular economy.

Proposal Requirements Outlined

MNRE’s call for proposals outlines specific requirements to ensure comprehensive and impactful projects. Proposals must demonstrate a clear understanding of the current landscape of solar technology and battery technology waste management in India. They should detail innovative approaches for collection, transportation, and processing of end-of-life components.

A key requirement is a detailed plan for establishing or enhancing recycling infrastructure. This includes specifying the technology to be used, the capacity of the facility, and the environmental safeguards that will be implemented. Proposals must also address the economic viability of the project, including potential revenue streams from the recovery of valuable materials. The focus should be on creating a self-sustaining model for a circular economy.

Furthermore, proposals should include a robust plan for stakeholder engagement. This involves collaborating with solar panel manufacturers, battery producers, waste management companies, and research institutions. A clear strategy for raising public awareness about the importance of recycling and reuse is also essential. MNRE seeks proposals that foster collaboration and knowledge sharing to drive systemic change in the management of solar and battery waste.

The proposals must clearly articulate how the project will contribute to reducing environmental impact and promoting sustainability. This includes quantifying the expected reduction in landfill waste, the conservation of natural resources, and the reduction of greenhouse gas emissions. A detailed lifecycle assessment of the proposed recycling or reuse process is also required. The aim is to ensure that the proposed solutions are environmentally sound and contribute to a truly circular economy.

Battery Recycling Focus

Battery recycling is a critical aspect of the circular economy that MNRE aims to promote. As the adoption of battery technology accelerates, particularly in electric vehicles and energy storage systems, the volume of spent batteries is also increasing rapidly. These batteries contain valuable materials like lithium, cobalt, and nickel, but also hazardous substances that pose significant environmental risks if not managed properly.

The focus on battery recycling is driven by the need to recover these valuable materials and reduce reliance on virgin resources. Establishing efficient recycling processes is essential for ensuring a sustainable supply chain for battery technology. The goal is to create a closed-loop system where materials from end-of-life batteries are recovered and reused in the production of new batteries, minimising waste and environmental impact.

MNRE recognises that effective battery waste management requires a multi-faceted approach. This includes developing advanced recycling technologies, establishing robust collection networks, and creating economic incentives for recycling. The proposals should address the entire lifecycle of batteries, from design and manufacturing to end-of-life management. Collaboration between industry stakeholders, research institutions, and government agencies is crucial for achieving a truly circular economy for batteries in India.

Furthermore, the proposals should consider the specific challenges associated with different types of batteries. Lithium-ion batteries, for example, require specialised recycling processes due to their complex chemistry and potential safety hazards. The proposals must demonstrate a thorough understanding of these challenges and propose innovative solutions for safe and efficient battery recycling. The aim is to ensure that battery recycling is both environmentally sound and economically viable.

Industry Stakeholder Engagement

MNRE understands that successful implementation of circularity in solar technology and battery technology requires active participation and collaboration from all industry stakeholders. To this end, MNRE plans to organise a series of workshops and consultations to engage with manufacturers, recyclers, researchers, and policymakers. These forums will provide a platform for sharing knowledge, discussing challenges, and identifying opportunities for collaboration.

These engagement activities aim to foster a shared understanding of the importance of circular economy principles and to encourage the adoption of best practices in waste management. MNRE also intends to establish a dedicated platform for ongoing dialogue and information sharing among stakeholders. This platform will facilitate the exchange of technical expertise, market intelligence, and policy updates, fostering a collaborative ecosystem for solar and battery recycling in India.

Furthermore, MNRE recognises the importance of raising public awareness about the benefits of recycling and reuse. Public awareness campaigns will be launched to educate consumers about the environmental and economic benefits of responsible waste management. These campaigns will also highlight the role of individuals in contributing to a circular economy by properly disposing of end-of-life solar panels and batteries. By engaging the public, MNRE aims to create a culture of sustainability and promote responsible consumption and disposal habits.

MNRE believes that a collaborative approach, involving all stakeholders, is essential for driving systemic change in the management of solar and battery waste. By fostering open communication, knowledge sharing, and public awareness, MNRE aims to create a vibrant and sustainable circular economy for solar and battery technology in India. The goal is to transform waste into a valuable resource, creating economic opportunities and protecting the environment for future generations. The proposals received will be assessed based on the level of stakeholder engagement demonstrated and the potential for fostering long-term collaboration.

June 17, 2025
Govt plans unified platform for textile sector

Govt plans unified platform for textile sector

The government envisions the unified platform as a comprehensive digital ecosystem designed to tackle critical issues facing the textile sector. A central feature will be a real-time data dashboard, providing stakeholders with up-to-date information on market trends, export performance, and the effectiveness of various government schemes. This transparency aims to facilitate informed decision-making and proactive problem-solving.

The platform will incorporate dedicated modules for addressing specific challenges. These modules will focus on areas such as skill development, technological upgrades, and access to finance. Furthermore, it will include a robust grievance redressal mechanism, enabling stakeholders to report issues and track their resolution in a timely manner. The goal is to create a user-friendly interface that streamlines communication and collaboration across the entire industry.

Another key aspect of the unified platform is its integration with existing government portals and databases. This seamless data flow will minimise duplication of effort and ensure data accuracy. The platform will also leverage advanced analytics to identify emerging trends and potential bottlenecks in the textile sector. This proactive approach will allow the government and industry stakeholders to anticipate challenges and implement effective solutions.
Benefits For Stakeholders
The unified platform promises a multitude of benefits for all stakeholders across the textile sector. For businesses, particularly small and medium-sized enterprises (SMEs), the platform will offer improved access to information, technology, and markets. This will enable them to enhance their competitiveness, expand their operations, and increase their export potential. The platform’s data-driven insights will empower businesses to make informed decisions regarding production, marketing, and investment.

The government stands to gain from improved monitoring and evaluation of its policies and programmes. The platform’s real-time data and analytics capabilities will provide valuable insights into the effectiveness of various interventions, allowing for course correction and optimisation. This will lead to more efficient resource allocation and improved outcomes for the textile sector as a whole. Furthermore, the platform will facilitate better coordination among different government agencies involved in the sector.

Workers in the textile industry will benefit from improved access to training and skill development opportunities. The platform will provide information on available programmes and facilitate enrolment, leading to enhanced skills and better employment prospects. The grievance redressal mechanism will also empower workers to voice their concerns and seek resolution to workplace issues. This will contribute to a more equitable and inclusive working environment within the textile sector.

The unified platform aims to create a more transparent, efficient, and collaborative ecosystem for the textile sector. By addressing critical issues and fostering innovation, the platform will contribute to the sector’s sustainable growth and enhance its contribution to the Indian economy. The improved communication and collaboration facilitated by the platform will also strengthen the relationship between the government, industry, and workers, leading to a more harmonious and productive environment.
Implementation Timeline
The government anticipates a phased rollout of the unified platform, commencing with a pilot project involving key stakeholders from various segments of the textile sector. This initial phase will focus on testing the platform’s functionality, gathering user feedback, and refining its features based on real-world experiences. The pilot project is expected to last for approximately six months, during which time a dedicated team will monitor its performance and address any technical issues that may arise.

Following the successful completion of the pilot project, the unified platform will be progressively rolled out across the entire textile sector. This wider implementation will involve a comprehensive training programme for all stakeholders, ensuring they are equipped with the necessary skills to effectively utilise the platform’s features. The government intends to leverage existing industry associations and training institutions to deliver these training programmes. A help desk will be established to provide ongoing support and assistance to users.

The complete implementation of the unified platform is projected to take approximately two years. This timeline allows for thorough testing, user training, and integration with existing systems. The government will closely monitor the progress of the implementation and make adjustments as needed to ensure its success. Regular updates on the implementation progress will be provided to stakeholders through various channels, including online portals and industry forums. The aim is to ensure transparency and maintain momentum throughout the implementation process, to ensure that the issues of the textile sector get speedy resolution.
Challenges And Concerns
Despite the ambitious goals of the unified platform, several challenges and concerns need careful consideration. Data security and privacy are paramount. The platform will handle sensitive business information, requiring robust security measures to prevent breaches and ensure confidentiality. Establishing clear protocols for data access, storage, and sharing will be crucial to building trust among stakeholders. The government needs to address these issues proactively.

Ensuring equitable access to the platform for all stakeholders, particularly small and medium-sized enterprises (SMEs) in remote areas, is another significant hurdle. Many SMEs may lack the necessary infrastructure or digital literacy to fully utilise the platform’s features. The government may need to provide targeted support and training to bridge this digital divide and ensure that all stakeholders can benefit from the platform.

Interoperability with existing systems and databases within the textile sector could also present challenges. Integrating the unified platform with diverse legacy systems may require significant technical expertise and resources. Standardising data formats and protocols will be essential to ensure seamless data flow and avoid compatibility issues. The platform should be adaptable to different technologies that the industry is using.

Sustained engagement and collaboration among all stakeholders will be critical for the platform’s long-term success. Overcoming resistance to change and fostering a culture of collaboration may require proactive communication and outreach efforts. The government needs to demonstrate the platform’s value and address any concerns or reservations that stakeholders may have. A clear mechanism for addressing grievances and ensuring timely resolution of issues will also be essential for maintaining stakeholder confidence. If the platform does not get used by the industry it is designed for, it will not be a success.

June 13, 2025
Small business confidence dips amid trade worries

Small business confidence dips amid trade worries

Small business confidence is taking a hit as concerns surrounding international trade escalate. The dip in the ASSOCHAM–Dun & Bradstreet Small Business Confidence Index (SBCI) for the April–June 2025 quarter reflects this growing anxiety. Many SMEs are worried about the potential ramifications of global trade uncertainty, including tariffs, trade wars, and disruptions to supply chains. These factors are casting a shadow over the business outlook for many firms.
Specifically, businesses that are heavily reliant on exports or imports are feeling the pressure most acutely. Increased costs associated with tariffs and logistical challenges are squeezing profit margins. Some businesses are contemplating diversifying their supply chains or exploring alternative markets to mitigate the risks. However, these adjustments require time and investment, adding to the existing concerns about economic slowdown.
The unease surrounding global trade is also affecting investment decisions. Many SMEs are adopting a more cautious approach, delaying or scaling back expansion plans until the outlook becomes clearer. This hesitancy to invest could have broader implications for economic growth, as SMEs are significant contributors to job creation and innovation. The situation in Q1FY26 remains uncertain, with many businesses closely monitoring developments in global trade negotiations.
Confidence Index Declines
Despite the dip, the index remains 6% higher on a year-on-year basis and well above its long-term average, reflecting a phase of cautious optimism among India’s small and medium enterprises (SMEs). India’s small business sentiment has seen a slight moderation in the April–June 2025 quarter, as the ASSOCHAM–Dun & Bradstreet Small Business Confidence Index (SBCI) edged down by 1.8% from the previous quarter, settling at 105.4.
Despite the dip, the index remains 6% higher on a year-on-year basis and well above its long-term average, reflecting a phase of cautious optimism among India’s small and medium enterprises (SMEs).
The decline in the SBCI signals a cooling off from the more buoyant sentiment observed in previous quarters. While still positive, the index level of 105.4 suggests that SMEs are becoming more circumspect about the immediate future. This moderation is primarily driven by concerns over global trade uncertainty and the potential for an economic slowdown, which are impacting their business outlook.
Several factors contribute to the index’s decline. Rising input costs, coupled with fluctuating demand in both domestic and international markets, are putting pressure on SMEs. Furthermore, access to credit remains a challenge for many smaller businesses, hindering their ability to invest and expand. The situation in Q1FY26 will be critical in determining whether this is a temporary blip or a more sustained downward trend in small business confidence.
Impact On Investment Plans
The prevailing economic slowdown and global trade uncertainty are directly influencing the investment strategies of Indian SMEs. A noticeable trend is the postponement of capital expenditure, with many businesses opting to conserve resources rather than embark on new ventures or expand existing operations. This risk-averse approach stems from the fear that adverse trade policies or a further dip in demand could render new investments unprofitable.
Specifically, planned investments in areas such as technology upgrades, infrastructure improvements, and workforce expansion are being reassessed. While some SMEs are proceeding with essential upgrades to maintain competitiveness, discretionary investments are largely on hold. This cautious stance could have a knock-on effect on innovation and productivity growth within the sector, potentially hindering long-term economic development. The impact on investment plans is a direct consequence of the decline in small business confidence.
Furthermore, the availability of credit plays a crucial role in investment decisions. With increased uncertainty, lenders are becoming more stringent in their lending criteria, making it harder for SMEs to access the finance they need. This tightening of credit conditions further exacerbates the investment slowdown, particularly for smaller businesses that rely heavily on external funding. The outlook for Q1FY26 remains uncertain, with investment plans contingent on a more stable and predictable economic environment.
Government Response Examined
In response to the dip in small business confidence and the growing concerns surrounding global trade uncertainty, the government is actively exploring measures to support SMEs. These measures aim to mitigate the negative impacts of trade tensions and bolster the business outlook for smaller enterprises. Several initiatives are under consideration, focusing on easing access to credit, reducing regulatory burdens, and promoting domestic demand.
One key area of focus is streamlining the process for SMEs to obtain loans and credit facilities. The government is working with banks and financial institutions to encourage more lending to the sector, particularly for businesses affected by the economic slowdown. This includes exploring options such as credit guarantee schemes and interest rate subsidies to reduce the cost of borrowing for SMEs. Efforts are also underway to simplify compliance procedures and reduce the administrative burden on small businesses, freeing up resources for investment and growth.
Furthermore, the government is actively promoting domestic demand to offset the impact of reduced export opportunities. This involves initiatives such as infrastructure development projects and incentives for local manufacturing. These efforts aim to create a more supportive environment for SMEs to thrive, despite the challenges posed by global trade uncertainty. The government’s response in Q1FY26 will be critical in shaping the future of small business confidence and ensuring the continued growth of the SME sector.

June 12, 2025