MSME Archives - SolutionBuggy

Why Freelancing is The Future of Consulting Industry?

The consulting industry in India has grown over the past few years in terms of both size and portfolio of offerings. A favorable business environment, low operational costs, the government’s efforts to establish India as the global investment destination, rapid economic growth, etc., are some of the factors driving the…

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

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

By Admin
December 5, 2020
MANUFACTURING INDUSTRY
2 Comments

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…

Top 10 Manufacturing Business Ideas in India

By Admin
October 21, 2020
MANUFACTURING BUSINESS IDEAS, MANUFACTURING INDUSTRY
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Indian manufacturing industry is a major pillar of the economy, contributing to 18% of the country’s GDP. As per the government reports, the manufacturing industry in India is expected to become USD 1 trillion by 2025. Indian manufacturing sector has so far been successful in attracting FDIs into the country.…

Technical Textiles: The New Growth Driver of Indian Textile Industry

By Admin
October 7, 2020
TEXTILE
4 Comments

Indian textile industry is one of the largest in the world, with traditional textiles occupying the lion’s share in the market. India is the largest producer of cotton and jute, and the second-largest producer of silk, polyester and fibre across the globe. Since the focus has been on the conventional…

Opportunities in the Indian Toy Manufacturing Industry

By Admin
October 3, 2020
BUSINESS OPPORTUNITIES, MANUFACTURING INDUSTRY, TOYS MANUFACTURING
2 Comments

Are you planning to start a toy manufacturing in India? Are you looking for manufacturing consultants who can assist you in this regard? SolutionBuggy through its vast network of expert manufacturing consultants can help you from plant setup to marketing and sales. The Prime Minister of India pushed for…

MSMEs in India: Time to create “The HR Advantage”

Micro Small & Medium Enterprises (MSMEs) have been the backbone of the Indian economy. The 6.3Cr MSMEs in India employing a 110 Mn workforce, contribute around 30% of the national GDP. In addition to the economic factors, this highly vibrant and dynamic sector plays a key role in India, uplifting…

Indian Chemical Industry: Poised for growth

By Admin
November 9, 2019
CHEMICAL
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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…

Tag: MSME