Tag: Manufacturing

28 articles found

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

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 the former Minister of Communications, Electronics and Information Technology, Ravi Shankar Prasad, at an ASSOCHAM event. With the potential to produce a vast array of devices—ranging from mobile phones to laptops, TVs, and other components—the sector is poised to become a […]

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USISPF Reports US Companies Planning to Relocate Manufacturing from China to India

USISPF Reports US Companies Planning to Relocate Manufacturing from China to India

A recent report by the US-India Strategic and Partnership Forum (USISPF) reveals that US companies are contemplating relocating their manufacturing bases from China to India. This significant move is driven by a combination of factors, including favorable trade agreements, regulatory reforms, and shifting geopolitical dynamics. A new study by the Boston Consulting Group (BCG) has […]

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Improving supply chain management in an SME

Improving supply chain management in an SME

In today’s competitive business world, operational efficiency is paramount for success. This holds true for every department within a company, from raw material procurement to delivering the final product to the consumer. While large corporations readily reap the benefits of optimized Supply Chain Management (SCM), SMEs (Small and Medium-Sized Enterprises) can also significantly gain from […]

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Koppal Toy Cluster: A Playground for India’s Toy Manufacturing Ambitions

Koppal Toy Cluster: A Playground for India’s Toy Manufacturing Ambitions

Amidst the vibrant fields of Karnataka, a revolution is brewing. The Koppal Toy Cluster envisioned as a game-changer for the Indian toy industry, is poised to propel the nation towards self-reliance and global dominance in this playful sector. Spanning 400 acres, this ambitious project promises to be more than just a manufacturing hub; it aims […]

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Plant-based Meat Processing Industry: A Sunrise Sector in India

Plant-based Meat Processing Industry: A Sunrise Sector in India

As the global shift toward plant-based diets gains momentum, the plant-based meat processing industry is emerging as a sunrise sector, witnessing robust growth. The demand for plant-based meat which is also known as mock meat is growing rapidly across the globe. According to a report by Grand View Research, the plant-based meat processing market is […]

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Top Manufacturing Business Ideas to Replace China Products

Top Manufacturing Business Ideas to Replace China Products

Calls for boycotting China products are resonating in countries such as India, the Philippines, and Vietnam. The most important reasons for boycotting China products are low-quality products, territorial conflicts, and also China government’s mismanagement of the COVID-19 pandemic. Hence in this blog, we will be discussing the top manufacturing business ideas to replace china products. Image Credits […]

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Post-Covid Business Opportunities in Manufacturing Industry in India

Post-Covid Business Opportunities in Manufacturing Industry in India

Around two years ago, the world saw the emergence of the covid-19 pandemic that changed the lives and thinking patterns of people forever. In spite of the damage caused by the pandemic, it also caused many positive changes in the manufacturing industry in India, opening up new avenues for entrepreneurs. In the post-pandemic world, many […]

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How to Start Paper Manufacturing Business in India?

How to Start Paper Manufacturing Business in India?

Paper is one of the most widely used materials with a wide range of applications in our day-to-day life. It also finds applications across industries such as packaging, publishing, etc. In spite of people moving towards digital mediums, the demand for paper has been increasing over the past few years, which in turn is increasing […]

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How to Start Namkeen Manufacturing Unit?

How to Start Namkeen Manufacturing Unit?

Namkeen is one of India’s most popular savoury snacks, which are available in different flavours and shapes. Dalmoth, bhujia, chana chur, khatta meetha, roasted peanuts, gathiya, etc., are some of the various namkeen snacks, representing a dynamic market projected to grow at a robust 10.2% CAGR, driven by e-commerce expansion and high demand for healthy, […]

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Fortified Rice Scheme: A Great Opportunity for MSMEs

Fortified Rice Scheme: A Great Opportunity for MSMEs

The Prime Minister of India Narendra Modi recently announced that rice distributed to people by the government will be fortified to address malnutrition across the country. The government aims to complete the fortification of rice distributed throughout the country under different schemes like public distribution scheme, mid-day meals, etc. According to the 2020 Global Hunger […]

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Gati Shakti Scheme to Help Local Manufacturers Compete with Global Peers

Gati Shakti Scheme to Help Local Manufacturers Compete with Global Peers

As India celebrated its 75th Independence Day, Prime Minister Narendra Modi announced a mega Rs. 100 lakh crore project in the name of the Gati Shakti scheme that aims at the holistic development of the infrastructure across the country.  As per the PM, the scheme will help to enhance the capabilities of the local manufacturers […]

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How to Start Edible Oil Refinery Plant?

How to Start Edible Oil Refinery Plant?

Edible oil is one of the most widely used commodities in Indian kitchens irrespective of season and occasion. With the increasing population in the country, the demand for edible oils is increasing day by day. Market Demand However, India continues to rely heavily on imports to satisfy its edible oil demand. In the 2024–25 oil […]

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Future of the Manufacturing Industry in India

Future of the Manufacturing Industry in India

The future of the manufacturing industry in India seems very bright. The sector is witnessing a steady growth following various initiatives taken by the Government of India. And this trend is expected to continue in the long term, various sources such as the India Brand Equity Forum, Associated Chambers of Commerce and Industry, Federation of […]

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Opportunities for MSMEs in Pet Food Manufacturing in India

Opportunities for MSMEs in Pet Food Manufacturing in India

The Indian pet food industry is experiencing robust growth, driven by rising pet ownership, increasing disposable incomes, and the ‘humanization’ of pets, where they are increasingly viewed as family members. The total pet population in India reached approximately 42 million in 2024, with dogs making up the majority at over 36.8 million. The pet food […]

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Govt. Approves PLI Scheme for White Goods and Solar PV Modules

Govt. Approves PLI Scheme for White Goods and Solar PV Modules

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 solar PV modules segment was […]

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Women Entrepreneurs in India: A Great Untapped Potential

Women Entrepreneurs in India: A Great Untapped Potential

Women form the bedrock of Indian society since ancient times. Ours is a country that always revered women and placed them on the highest rank in society with equal rights. India granted women the right to vote without any debate or deliberation in 1947, the year it became independent from the British Empire. It took […]

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Top Five Manufacturing Technology Trends in 2021

Top Five Manufacturing Technology Trends in 2021

Manufacturing is one of the emerging sectors across the world. With advancements in terms of technology, such as AI, Big Data, Cloud Computing, IoT, etc., the manufacturing industry is undergoing an unprecedented transformation. This rapid transformation has mandated manufacturing companies to stay up-to-date with current trends in the industry to stay relevant. Unlike other industries, […]

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What is the Role of Business Consultant in Success of a Business?

What is the Role of Business Consultant in Success of a Business?

A business consultant plays an important role in the success of a business. Business consultants help businesses implement the much-required changes to improve performance. They assist businesses in addressing their inherent challenges and provide actionable insights on various aspects of the business. They collaborate with the key management in changing and devising new business strategies […]

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

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 has been badly hit by the outbreak of the coronavirus pandemic and the nation-wide lockdowns. Read: Best Manufacturing […]

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Best Manufacturing Business Ideas in 2021

Best Manufacturing Business Ideas in 2021

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, including India, leaving millions of […]

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PLI Scheme to Boost Manufacturing in India

PLI Scheme to Boost Manufacturing in India

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, Duty drawbacks, Advance Licensing and […]

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Safety Guidelines for Manufacturing Industries Post COVID Lockdown

Safety Guidelines for Manufacturing Industries Post COVID Lockdown

The first two quarters of the year are seeing a depression economy due to the lockdown measures for COVID19. However, the third quarter of the year could possibly be positive, is geared with the right measures for the resumption of industry and policy framework to revive economic activities. With the US President urging America’s supply […]

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Major Challenges for MSME sector in India

Major Challenges for MSME sector in India

Source: Apparel Resources Indian SME, which contributes 29% to the country’s GDP and the major employer is often laid back when compared to other countries like China or Japan. Reasons are plenty, but here we list down 6 major problems that SME face that is pulling the sector down from its reaching heights. Shortage of […]

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Top 4-Profitable food business ideas in India

Top 4-Profitable food business ideas in India

Food processing is a new and emerging industry in India that has grown by leaps and bounds due to a large interest in setting up mega food parks by the government both as fully government-owned and in the PPP model. The availability of a large number of food consultants as well as increasing the resources […]

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Designing and rapid prototyping through 3D Printing

Designing and rapid prototyping through 3D Printing

Rapid prototyping is the speedy creation of a full-scale model. It is a preparatory version of any product before it is mass-produced. Rapid prototyping using 3D printing technology is a quick, easy, cost-effective way to turn great ideas into successful products. 3-dimensional printing enables designers to design the product and print it as per their […]

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What are the main aspects of paper packaging materials used for food packaging

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 India have banned the use of plastic. This would open doors or boost the packaging of paper, […]

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Sales and marketing issues faced by SME’s

Sales and marketing issues faced by SME’s

Operating a small or medium-sized firm is not an easy task.  Being small doesn’t mean that the challenges they face are small too! There is almost no difference between the large and small scale industries on account of their process and work. Heavy industries have to deal with production, maintenance, marketing, and sales. The same […]

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Contract Manufacturing (CM)

Contract Manufacturing (CM)

Understanding Contract Manufacturing A business unit with a proficient design but lacking in key manufacturing skills or bandwidth to handle large consignments might seek to enter into a contract with a manufacturer that is skilled at the manufacturing process. A manufacturer may outsource one or more tasks of the production process to a third party. […]

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