MSMEs Archives - SolutionBuggy

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…

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…

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…

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…

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…

Rise of MSMEs in Food Sector

By Admin
November 30, 2019
FOOD & BEVERAGE, MSMEs
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MSMEs (Micro, Medium and Small enterprises) in India have tremendous potential to grow and contribute to the Indian economy. Long-term partnerships with Indian MSMEs having good technical capabilities could not only provide a low-cost advantage but also a source of “frugal innovation” for companies worldwide. An ecosystem with MSMEs could…

Key Government Benefits For The MSME-Sector

With the current financial year coming to an end, most of the MSMEs will be in hectic preparation to make sure that their sales targets for the year are met. This also starts off the next financial year and it would be good to understand the economic benefits that the…

Alert MSME’s Industries – Get Double Benefits by Implementing Lean Manufacturing and Getting 80% Subsidy on it.

By Admin
March 16, 2019
MANUFACTURING INDUSTRY, MANUFACTURING METHODOLOGIES, MSMEs
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“The most dangerous kind of waste is the waste that we do not recognize.”- Shigeo Shingo- the world’s leading expert on TPS and the manufacturing process. We have often seen that MSMEs face inefficiencies due to incorrect process chains, high inventory stocking, and redundant shop floor practices. These inefficiencies can…

How to Apply for MSME Loan in 59 Minutes

By Admin
December 8, 2018
GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY, MSMEs
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Image source: https://consumercomplaintscourt.com/ Need a loan without having to run around for banks? The new policy for MSMEs from the Prime Minister enables you to apply for a loan through your computer, it’s just a tap away. Click here to apply: https://www.psbloansin59minutes.com/home The website is self-explanatory and helps MSMEs secure loans…

Benefits of Lean Manufacturing to SME/MSME

The Micro, Small, and Medium Enterprises (MSMEs) are a vital part of the Indian economy contributing to over 45% of industrial production and around 40% of the total exports, forming 8% of GDP and employing over 50 million people. The problems MSMEs are facing today; are to catch up with…

Category: MSMEs