by Rajen KumarMiddlemen Rule PSU Banks
The Union Finance Ministrys recent advisory to the public sector banks to take a tough stand while sanctioning loans to the corporate houses is, to say the least, amusing. The advisory,...
Special ReportsOct 2013
Association of Healthcare Providers India AHPI represents the vast majority of healthcare providers in India to work as not for profit organization for advocacy with...
Indian SMEs Taking the Lead in Latvia
Indian SMEs have found a lucrative market in Latvia, which also serves as an ideal gateway to the thriving Baltic market. Likewise, Latvian SMEs are also keen on forging strategic tie-ups and collaborations with their Indian counterparts to promote commodity and technical exchange. According to trade analysts, Indian SMEs can capitalise on the growing demand for Indian goods in Latvia.
Opportunities for investment and export for Indian SMEs exist in areas such as chemicals, oil, leather goods and auto components. Latvia also has a sizeable market for Indian vegetables and frozen foods. Indian F&B companies can therefore look at catering to the demand for such products by establishing trade linkages with Latvian distributors.
In addition, Indian SMEs can partner with their Latvian counterparts to cooperate in areas such as pharmaceuticals, telecom, IT and ITeS, heavy engineering, gems and Jewellery Manufacturers and biotechnology.
The governments of India and Latvia have also realised the potential of Indo-Latvian trade relations that can benefit SMEs of both the countries. To support SMEs in the two nations, the Indian government inked an agreement in 2001 for the promotion of science and technology (S&T) cooperation.
In addition, India and Latvia signed a bilateral investment promotion protection agreement last yearto enhance the scope for mutual cooperation.
Such concerted efforts will strengthen Indo-Latvian trade relations and encourage Indian SMEs to foray into the Latvian market.
- Winner of appreciation award for promoting SMEs in India.
- 1st ever Indian magazine to penetrate tier II, III cities & the rural belt.
- Industry Partnerships include CII, FICCI, ASSOCHAM, PHDCC, AIMA, ITPO, SME Network, Federation of Indian Micro Small Enterprises (FISME)
- Official Magazine Partners for several national & international MSME events.
The Last Word
Of the 80 odd seasons that he has been through, he savoured less springs and suffered more rains, proverbially. Not that time took a toll on his age, it was his own siblings who dumped, nay disowned,...
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