Tag: Manufacturing industry

chemical consultants

Indian Chemical Industry: Poised for growth

Key Facts: The chemical sector has been the 3rd largest contributor to GDP amongst manufacturing industries in India in recent years. 200% weighted average reduction of tax from the Income-tax department for both capital and revenue expenditure incurred on scientific R&D Currently, the industry is employing more than 2Mn people…
Contract Manufacturing Processes

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…