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Custom Duty Hikes in Union Budget 2021-22 to Boost Domestic Manufacturing
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…
Read More »Rise of MSMEs in Food Sector
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…
Read More »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…
Read More »Alert MSME’s Industries – Get Double Benefits by Implementing Lean Manufacturing and Getting 80% Subsidy on it.
“The most dangerous kind of waste is the waste that we do not recognize.”- Shigeo Shingo- world’s leading expert on TPS and manufacturing process. We have often seen that MSMEs face inefficiencies due to incorrect process chains, high…
Read More »How to Apply for MSME Loan in 59 Minutes
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…
Read More »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…
Read More »Here’s how small manufacturers are still the backbone of the community
Big organizations hoard the spotlight. Regardless of whether it’s the front page of the national daily papers or the news – huge business parallels huge news. Yet, shouldn’t something be said about those at the flip side of…
Read More »National Capital Goods Policy: A Step In The Right Direction for SMEs
Capital Goods sector is famously called ‘the mother of all manufacturing industry’. What is a Capital Good? Explained simply, any good (plant/machinery/equipment) that is used in the manufacturing process of another good (either directly or indirectly) is called…
Read More »How SolutionBuggy is solving the problems of Manufacturing Sector
More than 115 lakh manufacturing enterprises all over India command a 7.04% share in India’s GDP. India’s manufacturing industry is on rise and holds the potential to alleviate the economy out of its relative stagnancy. The ‘Make in…
Read More »Mechanical problems faced by the small scale manufacturing sector
Small scale industries form the most important part of the Indian economy. Large scale industries may have been in the spotlight, but it’s the small scale ones that have a bigger chunk of the total manufacturing pie in…
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