Over the last few months, COVID-19 and the subsequent lockdown have crippled India's MSME sector, which contributes 29 percent to India’s growth, 48 percent to the country’s overall exports, and generates employment for almost 11 crore people.
As lockdown restrictions are being eased, surviving SMBs are picking themselves up, demonstrating resilience and perseverance while resuming operations. To celebrate these SMBs, bring their contributions into the spotlight, and make their voices heard, YourStory celebrated MSME Week from June 20 to 27.
From how India can leverage its export of steel to boost the economy to how long will SMBs take to recover from the COVID-19 crisis, here’s a look at everything that happened in the past week.
Then, at 'SmashUp! 2020', a day-long online event organised by TiE Delhi-NCR, a chapter of the global not-for-profit TiE, MakeMyTrip's Deep Kalra and cricketer Suresh Raina spoke of battling tough times on the field and off it with calmness, discipline, and motivation from "seniors".
In the keynote of the event, Sagar Daryani, CEO and Co-founder of Wow! Momo, spoke about the new normal for the food and beverage industry, and how the QSR brand is surviving the coronavirus crisis.
Last but not least, join us live on July 1 with Union Minister Ravi Shankar Prasad to celebrate Digital India Day by registering here.
Amidst the COVID-19 pandemic, SaaS company Zoho is experimenting with 10 village offices across Tamil Nadu, where its staff will be able to access its feeder offices.
KhaanaChahiye.com has distributed more than 37 lakh meals to the hungry during the lockdown, along with providing dry rations and arranging transportation facilities.
As international travel has come to a halt due to the coronavirus pandemic, the medical tourism sector in India has come to a complete standstill as well.
In a conversation with YourStory, redBus CEO Prakash Sangam says that there will be a significant difference in the way we look at bus travel in a post-COVID-19 world.
Apart from being an education hub, Uttarakhand is also home to at least 66 startups registered under Startup India, a Government of India initiative.
ShakeDeal, a startup that supplies office and industrial products, grew its health and safety portfolio by supplying PPE kits, along with gloves, masks, and hand sanitisers.
To help underprivileged women earn a consistent source of income, 16-year-old Anahit Bindra has kicked off an initiative in her neighbourhood known as ‘Sew the Divide’.
Quote of the day:
“I am encouraging every engineer in Zoho to spend time in farming and teaching.”
- Sridhar Vembu, Founder and CEO, Zoho Corp