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How MSMEs Can Harness
E-Commerce for Growth
India's digital transformation has been a remarkable journey, thanks to the development of a strong digital infrastructure that has significantly contributed to the nation’s progress. As we celebrate 9 years of the Digital India Mission, the widespread availability of the internet has brought about a huge shift across the country. Today, India is the third most digitalized nation in the world.
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How MSMEs Can Benefit
from an HRMS?
MSMEs (Micro, Small, and Medium Enterprises) are essential to the economy. They make up 90% of businesses worldwide, provide 60-70% of jobs, and contribute around 50% of global GDP. In India, there are about 63 million MSMEs, employing over 110 million people. By 2024, the MSME sector in India is expected to add $2 trillion to the economy and create 50 million new jobs.
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The Future of HR:
Trends to Watch in 2025
HR in 2025 will evolve with AI and automation streamlining processes, remote and hybrid work models optimizing flexibility, and a strong focus on enhancing employee experience, data-driven decision-making, and fostering diversity and inclusion within agile, ethical frameworks.
Read MoreHow to Choose the Right HRMS for Your Business: A Comprehensive Guide for All Sectors
Choosing the ideal HRMS for any sector involves assessing specific needs, ensuring scalability, prioritizing essential features, and considering integration capabilities. User-friendliness, security, support, customization options, cost-effectiveness, and feedback are crucial in making an informed decision to enhance HR management effectively.
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