In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
Global events often feel distant from our daily routines. However, conflicts between countries can quickly influence economic conditions worldwide. One of the clearest examples is how geopolitical tensions affect energy markets and, in turn, everyday expenses such as transportation, groceries, and flight tickets. When global conflicts disrupt supply chains or create uncertainty in key
The recent LPG shortage in India has created significant operational challenges for small businesses. From restaurants and cloud kitchens to small manufacturing units, many enterprises rely heavily on LPG for daily operations. With disruptions in global energy supply chains and rising prices, the MSME sector in India is facing increased production costs and operational
How Restaurants and Small Food Businesses are Coping with the LPG Shortage
The recent LPG shortage in India has created significant challenges for restaurants, food stalls, caterers, and cloud kitchens. Cooking gas is the backbone of commercial kitchens, and disruptions in supply have forced many businesses to rethink their operations. Rising fuel costs, inconsistent supply, and stricter distribution policies have made it harder for food entrepreneurs
From Paperwork to Portals: How MSMEs can Benefit from the Latest Digital Reforms
Running a small business in India once meant waiting in long queues, dealing with physical paperwork, and making multiple office visits just to complete basic processes such as registration, compliance, or loan applications. For many entrepreneurs, administrative tasks often took more time and effort than actually running the business. However, the rapid expansion of
Micro, Small, and Medium Enterprises (MSMEs) play a significant role in India’s economic development by contributing to employment generation, exports, and GDP growth. According to industry estimates, the MSME sector accounts for nearly 30% of India’s GDP and supports millions of jobs across the country. However, despite their importance, MSMEs often face challenges such
Global Headwinds vs. Domestic Growth: Should Export Manufacturers Expand or Wait?
You must have seen the news headlines screaming about a global economic slowdown, rising interest rates in the US, and geopolitical tensions in Europe. It paints a rather gloomy picture, doesn’t it? But then, you look at your business operations. The machines are humming, your workers are busy, and your domestic order book is
