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MSMEs in India: Time to create “The HR Advantage”
Micro Small & Medium Enterprises (MSMEs) has been the back bone of Indian economy. The 6.3Cr MSMEs in India employing 110 Mn workforce, contribute around 30% of the national GDP. In addition to the economic factors, this highly…
Read More »How Natural Calamities in India have Transformed Food Processing Industry
Last two decades in India has witnessed many natural calamities. This has changed the landscape of horticulture and agriculture. On one hand we have witnessed growth in the horticulture produce and on the other hand draught in pockets…
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 »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 »Innovation in Aerospace & Defense (A&D) Industry
Aerospace & Defense industry has been key sector for driving innovations globally. It has instigated innovations that have broader implications and in many cases have affected day to day life in a positive manner. AI, GPS navigation, commercial…
Read More »How to Control Defects in Manufacturing Process
To develop its own products, every manufacturing company follows its own set of rules. Products are manufactured using raw materials, outsourced components and equipment. Different products often have different level of quality. For several reasons, sometimes there may…
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….
Read More »Top 4-Things to Consider Before Setting up an Industry
All you need to know: Research- As basic as it can get, the first thing you need is a product. Thorough research on what to be manufactured can be attained by the following steps: Market research on the…
Read More »Which are the most lucrative chemical industries that can be setup in India?
India is known to be the sixth largest producer of Chemicals in the world and third largest in Asia and is also a key constituent of Indian economy, accounting for about 2.11% of GDP. India has exported 10.3%…
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