SME 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…

Top 10 Manufacturing Business Ideas in India

By SolutionBuggy
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 SolutionBuggy
October 7, 2020
TEXTILE
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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…

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 SolutionBuggy
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…

Major Challenges for MSME sector in India

By SolutionBuggy
September 14, 2019
CHALLENGES
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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…

Top 4-Profitable food business ideas in India

By SolutionBuggy
July 13, 2019
FOOD & BEVERAGE, MANUFACTURING BUSINESS IDEAS
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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 model. The availability of a large number of food consultants as well as…

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 the industry this year are: 1. IoT(Internet of things) Although this word…

A Quick Guide To Implement Low Cost Automation

By SolutionBuggy
June 1, 2019
AUTOMATION, MANUFACTURING INDUSTRY, TECHNOLOGY
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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 months based on the level of detailing required in the automation. But thanks to…

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 US companies are looking to shift manufacturing base from China to India after the general…

Tag: SME