Tag: MSME
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…
Read More »Major Challenges for MSME sector in India
Source: Apparel Resources Indian SME, that contributes to 29% to the country’s GDP and major employer is often laid back when compared to other countries like that of China or Japan. Reasons are plenty, but here we list…
Read More »Top 4-Profitable food business ideas in India
Food processing has been a new and emerging industry in India which has grown leaps and bounds due to large interest in setting up mega food parks by the government both as fully government owned and in PPP…
Read More »Key Trends dominating manufacturing industries in 2019
Most industry experts agree that the manufacturing sector in India is going through a vast sea of changes in 2019 that are majorly aided by technology advancement and intelligent manufacturing. Some of the key trends that are influencing…
Read More »A Quick Guide To Implement Low Cost Automation
Process Automation is an age old concept and has been helping industries evolve a cost effective operations model. The process to be automated can be core or peripheral only and can be done in weeks or can take…
Read More »Around 200 US companies looking to shift manufacturing base from China to India says USISPF
Image Source: http://bit.ly/2E1F1rE Recently there has been a report that around 200…
Read More »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 »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 »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 »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…
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