Defence Minister Rajnath Singh has recently approved INR 498.8 crore budgetary support for research and innovation in the defence sector through iDEX. The funds will be used to provide financial assistance to around 300 start-ups, MSMEs and individual innovators in the defence sector. The primary objective of the move is…
Role of Packing in The Food Industry Packaging is an important segment in the food industry, as it serves multiple purposes for businesses such as not just food handling, preservation and safety but also marketing and branding. Packed has become an essential part of the food processing industry today. Metals…
Manufacturing is one of the emerging sectors across the world. With advancements in terms of technology, such as AI, Big Data, Cloud Computing, IoT, etc., the manufacturing industry is undergoing an unprecedented transformation. This rapid transformation has mandated manufacturing companies to stay up-to-date with current trends in the industry to…
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…