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Indian manufacturing sector: Economic growth engine on track
Manufacturing has emerged as one of the prominent growth sectors in India and the nation is on track to become the fifth largest manufacturing country in the world by 2020. The ‘Make in India’ program aims to position…
Read More »Opportunities For MSME’s in Chemical Segment in India
India is backed by the strongest growth rate in the GDP by the Chemical industry; hence the future looks bright as well. The Chemical Industry of India ranks 6th in world and 3rd in Asia after Japan and…
Read More »7 steps to Setup a Successful Manufacturing Company
Like any other business, the manufacturing sector also has been drawing a lot of attention from first generation entrepreneurs who form the bulk of the MSME segment in India today. This also leads to the most pertinent question…
Read More »Top 5 Challenges in Manufacturing Industries
Manufacturing industries have to generally face a host of issues relating to payment delays, inventory management and product quality failures. In addition to this some of the pertinent issues, the industry faces are:rers in manufacturing products are:- Regulatory…
Read More »Top 10 Manufacturing Business Ideas in 2019
The Manufacturing Industry in India accounts for about 18% of total GDP employing 12% of India’s population directly. Among the humongous manufacturing sector, SME and MSME accounts to 90% of the totally industry activity and with new policies…
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 »PM Modi Announces MSME’s Loan up to 1 Crore In 59 Minutes:
Image source: https://thelogicalindian.com/ How the plan will help MSME sector. Who are the beneficiaries? How it will impact the manufacturing sector growth and GDP. Is the effect immediate? Will there be any misuse of funds and leakages etc…. On…
Read More »Top 6 Challenges In Manufacturing Products
The production of product for use or sale using labour and machines, tools, chemicals and biological processing or formulation is known as manufacturing. It also refers to a range of human activity from handicraft to high tech and…
Read More »What are the main aspects of paper packaging materials used for food packaging
The Indian packaging industry constitutes about 4% of the global packaging industry. It has shown a growth of 13% annually expecting to reach $32 billion by 2020. Plastic packaging sums up to about 40%. However, 25 states in…
Read More »Need for Project Management by SMEs in Manufacturing Industry.
Project Management is a discipline that can be applied to all fields and particularly in the manufacturing industry. In the manufacturing process it is quality and project lead time that are most crucial to propel any project forward….
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