BusinessNews

J&K’s Startup Potential Remains Underexplored, Says Union Minister Dr. Jitendra Singh

JAMMU: Union Minister Dr. Jitendra Singh emphasized on Sunday that the startup potential in Jammu and Kashmir (J&K) has yet to be fully tapped. Speaking at a Volunteers and Influencers Meet organized by the Social Media department of the Jammu & Kashmir BJP, he noted that while the startup movement in the region started relatively late, it is poised for rapid growth in the coming years. Dr. Singh…
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BusinessNews

Polymatech Electronics Announces $16.2 Million Investment in Bahrain, Plans $100 Million Expansion by 2027

Introduction Polymatech Electronics, a leading Chennai-based opto-semiconductor chip manufacturer, has announced a significant investment of $16.2 million (approximately INR 136 crore) in Bahrain. This investment marks the first phase of the company’s ambitious plan to expand into the Middle East and North Africa (MENA) region. Over the next few years, Polymatech aims to invest more than $100…
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BusinessNewsStartup

SMEs Secure ₹11,000 Crore from Capital Markets, Highlighting Sector’s Growing Role in India’s Economy

Small and Medium Enterprises (SMEs) are increasingly leveraging capital markets for funding, with a reported 780 SMEs listed on the NSE and BSE as of June 2023. These companies have collectively raised approximately ₹11,000 crore. Shekhar Chaudhary, director of the financial markets division at the Department of Economic Affairs, shared these insights at the 10th edition of the CII (East)…
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