Make in India Archives - SolutionBuggy

Get Subsidy Up to 80% From Zero Defect Zero Effect Scheme

By SolutionBuggy
December 2, 2022
GOVERNMENT & SCHEMES, Manufacturing Business, Manufacturing subsidy scheme
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The Zero Defect Zero Effect (ZED) Certification Scheme is launched by The Ministry of Micro, Small, and Medium Enterprises (MSME) in April 2022. The focus of the scheme is to empower Indian companies, make them globally competitive, and enable easy access to capital. As per the MSME minister Narayan Rane,…

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

By SolutionBuggy
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…

Koppal Toy Cluster to Propel Indian Toy Manufacturing Industry

By SolutionBuggy
January 11, 2021
MANUFACTURING INDUSTRY, TOYS MANUFACTURING
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Probably the time has come to bid farewell to the toys that are ‘Made in China’. India is all set to have its first toy cluster in Karnataka’s Koppal, a historic city with a great legacy in toy making. Read: Best Manufacturing Business Ideas in 2021 The Chief Minister of Karnataka…

How New Farm Laws will Impact Food Processing Industry?

The Parliament of India passed three ‘Agriculture Bills’ in September 2020. The President of India gave his assent to the bills in the same month, making them as acts. The three acts that are aimed at bringing structural reforms in agriculture in India include: 1. Farmers’ Produce Trade and Commerce…

How Can Electronics Manufacturing Contribute $1 Trillion to India’s Economy by 2025?

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said Ravi Shankar Prasad, the Minister of Communications, Electronics and Information Technology, at an event organized by ASSOCHAM. The manufacturing of electronic devices including mobile phones and components, laptops, tablets and TVs has the potential to contribute…

Best Manufacturing Business Ideas in 2021

By SolutionBuggy
December 19, 2020
MANUFACTURING BUSINESS IDEAS, MANUFACTURING INDUSTRY
4 Comments

The year 2020, which saw the widespread outbreak of coronavirus, has been very challenging for people across the world in many aspects. Till date, coronavirus has led to the death of around 1.45 million people in the world. It has resulted in a sudden fall of economies across the world,…

How India’s Exit from RCEP can Help the Domestic Manufacturing Industry?

Image source: https://images.app.goo.gl/8EkU1RkoB48YWTaJ7 The Regional Comprehensive Economic Partnership, a new free trade agreement, was signed on 15th November, 2020 by 15 Asia-Pacific nations. The member states of RCEP together account for one-third of the global gross domestic product and almost 30% of the world’s population. What is RCEP? RCEP, perceived…

PLI Scheme to Boost Manufacturing in India

By SolutionBuggy
November 24, 2020
ECONOMY, GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY
2 Comments

Over the last many years, successive Indian Governments have tried to improve India’s Balance of Trade and protect domestic industry by incentivizing exports and restricting imports. These have taken the form of Export incentives to try and boost exports through measures such as Cash assistance, Export subsidies, EOUs and SEZ,…

Top Five Ways to Ensure Food Safety in Food Processing Industry

By SolutionBuggy
November 11, 2020
FOOD & BEVERAGE
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Food safety assumes utmost importance for enterprises operating in the food processing industry. Safety of food can have a direct impact on the health of the consumers. Food safety depends on many factors, such as preparing, handling, storing, etc. Food industries should comply with food safety regulations. Any compromise on…

One District One Product: A Game Changer in the Indian Manufacturing Industry

By SolutionBuggy
October 31, 2020
GOVERNMENT & SCHEMES, MANUFACTURING INDUSTRY
5 Comments

The Government of India has been actively working through several schemes such as ‘Make in India’, ‘Atmanirbhar Bharat’, etc. to increase manufacturing in the country. This has led to gradual improvement in the manufacturing activities across the country. Inspiring from the Uttar Pradesh government, the Government of India is planning…

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