New Delhi, April 4 (IANS) The share of MSMEs in India’s GDP will rise to 40 per cent by 2030, from about 30 per cent currently, a report said on Saturday.The report from B2K Analytics said India’s GDP is projected to reach Rs 537.96 trillion by 2030 if current growth trend continues, lifting the MSME sector’s contribution to roughly 40 per cent, or about Rs 215.18 trillion.The MSME sector’s total funding requirement is estimated at Rs 162.92 trillion by 2030, the report added.Out of the to…
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Mumbai, March 26 (IANS) India’s commercial drone industry had a market size of $1.88 billion (Rs 17,000 crore) in FY26, which is expected to grow at a compounded 17.98 per cent rate during FY25–29, a report showed on Thursday.Globally, the US leads the commercial drone industry, followed by China, with India currently ranked seventh, according to a research report by B2K Analytics.As per the report, drones can cut the cost of agrochemical spraying by nearly 80 per cent compared with manual s…
New Delhi, Feb 28 (IANS) Nearly 360 companies have migrated from the SME platforms of the NSE and BSE to the mainboard exchanges, reflecting the growing maturity of India’s small and medium enterprises, a new report said on Saturday.The data compiled by B2K analytics said that 199 companies from the BSE SME platform and 158 companies from the NSE Emerge platform are now listed on the mainboards.Migration refers to the process through which a company shifts its securities from the SME exchange …