Tag: MSME's

22 articles found

Unlocking Opportunities in the Corn Processing Industry: Complete Business Guide

Unlocking Opportunities in the Corn Processing Industry: Complete Business Guide

India’s Corn Gold Rush India is the sixth-largest producer of corn (maize) globally, cultivating over 30 million metric tons annually. As a versatile crop rich in nutrients and with a growing array of value-added applications, corn has emerged as a powerhouse in India’s food processing landscape. With the government’s latest support schemes such as PMFME, […]

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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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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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Indian Drone Manufacturing Industry & Opportunities for MSMEs

Indian Drone Manufacturing Industry & Opportunities for MSMEs

Drones are quite popular in many of the developed countries and are being used across various industries complementing the human workforce. However, the usage of the drones is still in the nascent stage in India. Having said that, the drone industry in India is picking pace with the boost from government initiatives. In order to […]

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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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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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Opportunities for MSMEs in FMCG Industry in India

Opportunities for MSMEs in FMCG Industry in India

Fast moving consumer goods (FMCG), also known as consumer packed goods, are non-durable products that are used by customers frequently on a day-to-day basis. Some of the examples of FMCG products include processed foods, soft drinks, cosmetics, household cleaning products, etc. These products are generally available at relatively low cost when compared to durable products […]

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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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Agro-Processing Cluster Scheme to Boost Food Processing Industry

Agro-Processing Cluster Scheme to Boost Food Processing Industry

Agriculture and Food Industry in India India is an agri-dependent country with agriculture being one of the main pillars of the economy. India is the largest producer of spices, pulses and milk in the world. India is the world’s second-largest producer of fruits, vegetables, rice, wheat, sugarcane and groundnut in the world. India’s rich agricultural […]

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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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Ban of Defence Imports: Unleashing Opportunities for MSMEs

Ban of Defence Imports: Unleashing Opportunities for MSMEs

Taking another giant leap towards self-reliance, the Ministry of Defence recently announced second list of 108 defence products adding to the previous list of 101 products banned for imports for defence industry. As per the Ministry of Defence, the decision would boost the indigenisation and strengthen partnerships between public and private sector firms, fulfilling the […]

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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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Opportunities in the Indian EV Industry

Opportunities in the Indian EV Industry

The world is moving swiftly towards electric vehicles to minimize carbon emissions and preserve the sustainable atmosphere. India too is contributing its bit to the cause of electric mobility by promoting the usage of EVs in the country. While it is true that India is the fourth-largest vehicle market and one of the fast-growing automobile […]

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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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Top Five Strategies to Improve Your Product Quality

Top Five Strategies to Improve Your Product Quality

Product quality is an aspect of paramount importance in manufacturing, because of its everlasting impact on the purchase decisions of the customers. No business owner would ever want to compromise on the product quality, and always strive to improve the quality of the products as a part of better customer service. Here are some tips […]

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Top 5 Business Ideas Post COVID Lockdown

Top 5 Business Ideas Post COVID Lockdown

China has been the largest Manufacturing Hub over the last few years, however, due to the situations playing out in the global market over the last year considering the standoff between the US and China, the oil price crash, and the recent scare of Coronavirus, the major players are now looking for more stable manufacturing […]

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Tips to Succeed as an Engineering Consultant

Tips to Succeed as an Engineering Consultant

Many believe that within the span of the next few decades, engineers will take over the world. The notion is supported by the large number of people opting for engineering every year as their preferred choice as a career. Despite the large influx, however, the market still lacks engineering consultants. What is engineering consult? It […]

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Top 6 Challenges In Manufacturing Products

Top 6 Challenges In Manufacturing Products

The production of products for use or sale using labor and machines, tools, chemicals, and biological processing or formulation is known as manufacturing. It also refers to a range of human activity from handicraft to high tech and is applied to industrial production where raw materials are converted into finished goods on a large scale. […]

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Need for Project Management by SMEs in Manufacturing Industry.

Need for Project Management by SMEs in Manufacturing Industry.

Project Management is a discipline that can be applied to all fields and particularly in the manufacturing industry. In the manufacturing process, it is quality and project lead time that is most crucial to propel any project forward. The tools and techniques used in project management can thus assure that the manufacturer is at the […]

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Benefits of Lean Manufacturing to SME/MSME

Benefits of Lean Manufacturing to SME/MSME

The Micro, Small, and Medium Enterprises (MSMEs) are a vital part of the Indian economy contributing to over 45% of industrial production and around 40% of the total exports, forming 8% of GDP and employing over 50 million people. The problems MSMEs are facing today; are to catch up with the competitive market, lack of […]

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