GOVERNMENT & SCHEMES Archives

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…

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…

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…

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…

Women Entrepreneurs in India: A Great Untapped Potential

By Admin
March 8, 2021
BUSINESS OPPORTUNITIES, GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY
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Women form the bedrock of Indian society since ancient times. Ours is a country that always revered women and placed them on the highest rank in society with equal rights. India granted women the right to vote without any debate or deliberation in 1947, the year it became independent from…

Custom Duty Hikes in Union Budget 2021-22 to Boost Domestic Manufacturing

By Admin
February 3, 2021
GOVERNMENT & SCHEMES, MANUFACTURING BUSINESS IDEAS, MANUFACTURING INDUSTRY, MSMEs
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The Finance Minister, Nirmala Sitharaman presented the budget in the parliament on Monday, amid huge expectations from all sections of people of India. The budget, which is worth INR 34,83,236 crores, is aimed at reviving the economy that has been badly hit by the outbreak of the coronavirus pandemic and…

Category: GOVERNMENT & SCHEMES