Admin, Author at SolutionBuggy

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…

A Comprehensive Guide to Product Quality in Pharma Industry

Product quality plays an important role in the success of any business and is rather significant in the pharma industry. It determines the purchase decisions of customers in a big way. In the pharma industry, product quality impacts the health of the consumers as well. Apart from preventing and curing…

How Vehicle Scrappage Policy Can Boost the Automobile Industry in India?

The government recently announced the vehicle scrappage policy that aims to phase out the unfit and polluting vehicles in the country and boost the automobile sector. While announcing the policy, the Union Minister of Road Transport & Highways, Nitin Gadkari termed it as a win-win situation for all parties in…

How to Start a Manufacturing Business?

Manufacturing holds a lot of significance to the sustenance of society. The manufacturing industry is the key driver of the economies of almost every developed nation. The role of manufacturing is even more significant for the economies of developing countries like India. The Indian manufacturing industry has been picking pace…

Author: Admin