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Agro-Processing Clusters: To Boost Food Processing Industry

Agriculture and Food Industry in India India is an agri-dependent country with agriculture being one of the main pillars of the economy. India is the largest producer of spices, pulses and milk in the world. India is the world’s second-largest producer of fruits, vegetables, rice, wheat, sugarcane and groundnut in…

Future of the Manufacturing Industry in India

By Admin
July 7, 2021
BUSINESS OPPORTUNITIES, GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY, MSMEs
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The future of the manufacturing industry in India seems very bright. The sector is witnessing a steady growth following various initiatives taken by the Government of India. And this trend is expected to continue in the long term, various sources such as the India Brand Equity Forum, Associated Chambers of…

Business Opportunities in Food Industry in Karnataka

By Admin
June 25, 2021
BUSINESS OPPORTUNITIES, FOOD & BEVERAGE, GOVERNMENT & SCHEMES
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Home to Silicon Valley of India-Bangalore, Karnataka is one of the top performing Indian states in the IT industry. Karnataka with its diverse agro-climatic zones is also one of the largest producers of agricultural produce in the country. The state has 10 agro-climatic zones and 6 soil types which make…

Start-ups in Aerospace & Defence Sector

Defence Minister Rajnath Singh has recently approved INR 498.8 crore budgetary support for research and innovation in the defence sector through iDEX. The funds will be used to provide financial assistance to around 300 start-ups, MSMEs and individual innovators in the defence sector. The primary objective of the move is…

How MSMEs can Sustain the Covid-19 Second Wave?

By Admin
June 11, 2021
BUSINESS OPPORTUNITIES, CHALLENGES, ECONOMY, GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY, MSMEs
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The MSME sector has been the lifeblood of India’s economy contributing to over 30% share of the GDP, 45% of domestic manufacturing and 40% of the exports. It is the second-largest employment generator in the country, providing employment opportunities to approximately 11 Crore people. Check out the video on ‘Post-Covid…

Ban of Defence Imports: Unleashing Opportunities for MSMEs

By Admin
June 7, 2021
AEROSPACE & DEFENCE, BUSINESS OPPORTUNITIES, GOVERNMENT & SCHEMES
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Taking another giant leap towards self-reliance, the Ministry of Defence recently announced second list of 108 defence products adding to the previous list of 101 products banned for imports for defence industry. As per the Ministry of Defence, the decision would boost the indigenisation and strengthen partnerships between public and…

15 Best Food Business Ideas in 2021

By Admin
May 28, 2021
FOOD & BEVERAGE, MANUFACTURING BUSINESS IDEAS
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Food processing is one of the evergreen businesses with demand throughout the year. The market of food processing companies remains largely unaffected by the socio-economic conditions of people. So, food processing is one of the sunrise sectors with more and entrepreneurs foraying into the industry. Food processing in…

Govt. Approves PLI Scheme for White Goods and Solar PV Modules

By Admin
April 10, 2021
BUSINESS OPPORTUNITIES, ELECTRICAL & ELECTRONICS, GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY, MSMEs
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As a part of mission Atmanirbhar Bharat, the Union Cabinet yesterday approved the PLI scheme for white goods and high efficiency solar photovoltaic (PV) modules with an outlay of 10,738 Crore. The white goods segment which consists of air conditioners and LED lights, was given Rs. 6,238 Crore and the…

PLI Scheme: A Game Changer in the Food Processing Industry

The government recently approved the PLI scheme for the food processing sector. Under the scheme, the government will provide incentives of Rs. 10,900 crores for industries in the food processing sector over the period of the next five years. “The government’s effort is to take India’s food processing sector to…

Opportunities in the Indian EV Industry

The world is moving swiftly towards electric vehicles to minimize carbon emissions and preserve the sustainable atmosphere. India too is contributing its bit to the cause of electric mobility by promoting the usage of EVs in the country. While it is true that India is the fourth-largest vehicle market and…

Author: Admin