Subscribe

0

  • Sign in with Email

By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.

Don’t have an account? Signup

  • Bookmarks
  • My Profile
  • Log Out
  • NEWS
  • POLICIES
  • MSME OPPORTUNITIES
  • BANKING & FINANCE
  • TECHNOLOGY FOR SMES
  • SECTORS
  • GLOBAL
  • Investment
  • LEGAL
  • KNOWLEDGE QUEST
  • Future Ready Forum 2025
  • Ek Nayi Udaan
  • Future Ready Summit 2024
  • ADVERTISE WITH US
ad_close_btn
  • News
  • Policies
  • Banking & Finance
  • MSME Opportunities
  • Web Stories
  • InFocus
  • Technology For SMEs
  • Sectors
  • Global
  • Fashion

Powered by :

You have successfully subscribed the newsletter.
Technology For SMEs InFocus

ICT Literacy: Bridging the Digital Divide

author-image
SMEStreet Desk
22 Dec 2015 07:51 IST

Follow Us

New Update

Power2SME infographic

Power2SME infographic

 

 

The infographic designed by Power2SME with inputs from CIIICT study indicates that if Indian SMEs adopt the latest IT tools, they have the potential to grow their overall revenue by INR 3 lakh crore and create 11 lakh new jobs. The study further revealed that the revenues of IT enabled SMEs grew 15% faster than those that relied less on ICT technology. It is clear, from the aforementioned statistics that Indian SMEs must work to enhance their competitiveness through ICT adoption.

In order to leverage this opportunity, the first step is building awareness and enhancing ICT literacy. This entails not only educating SMEs about the associated benefits, but also imparting extensive training to existing as well as newly hired personnel. In addition to this, further infrastructural support from the government in terms of, new policy initiatives to make tech adoption easier and cost effective, can help incentivize and consequently increase ICT adoption. If these measures arecoupled with user-friendly solutions such as easy installments and pay as you go options that can reduce the financial burden for SMEs, it can ease the transition for SMEs from the presently lower ICT enabled processes, to one that is more advanced and efficient.

If the steps mentioned above, are implemented, theIndian SMEs will easily be able to achieve competitive advantages and will be able to hold their own in the global marketplace.

 

CII Power2SME SME ICT
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news
logo

Related Articles
Read the Next Article
Latest Stories
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news

Latest Stories
Latest Stories
    Powered by


    Subscribe to our Newsletter!




    Powered by
    Select Language
    English

    Share this article

    If you liked this article share it with your friends.
    they will thank you later

    Facebook
    Twitter
    Whatsapp

    Copied!