Strong case for anti-dumping duty on 124 products: Steel secretary India has a strong case for imposing long-term anti-dumping duties on up to 124 steel products in the next two months, Steel Secretary Aruna Sharma said, as part of efforts to curb cheaper imports and protect local firms. Indian steelmakers …
Read More »Recent News
TReDS can boost MSMEs’ liquidity, with some tweaks
TReDS can boost MSMEs’ liquidity, with some tweaks The Trade Receivables Discounting System (TReDS) proposed by the RBI is expected to provide much-needed liquidity to micro, small and medium enterprises (MSMEs). Lack of adequate working capital has been a major issue for MSMEs. Institutional lenders are typically obsessed with immovable collateral and credit history, …
Read More »Embroidery of India
Embroidery in India includes dozens of regional embroidery styles that vary by region on the varied Indian clothing Styles. Designs in Indian embroidery are formed on the basis of the texture and the design of the fabric and the stitch. The dot and the alternate dot, the circle, the square, …
Read More »With GST implementation, 51mn SMEs will go digital’ – SAP Indian subcontinent’s Marketing Head Krishnan Chatterjee.
With GST implementation, 51mn SMEs will go digital’ With implementation of Goods and Services Tax (GST), India’s 51 million small medium enterprises (SMEs) will take the digital route and this will significantly change the way of doing business across industries, said SAP Indian subcontinent’s Marketing Head Krishnan Chatterjee. “As many …
Read More »Stock transfers in GST and how this impacts SMEs.
Our nation is on the brink of GST, a single unified indirect tax system. This is the largest taxation reform in the indirect taxation regime and it subsumes a host of indirect taxes. GST introduces the concept of seamless flow of input tax credit across the supply chain (from manufacture …
Read More »Paying taxes: Why SMEs should comply with income tax provisions.
India’s taxation structure provides for two types of taxes: Direct and Indirect taxes. Income Tax and Wealth Tax are Direct Taxes whereas Sales Tax, Service Tax and Excise Duties are Indirect Taxes. In Budget 2015, Wealth Tax has been abolished and at present Income Tax is the only Direct Tax …
Read More »MSME SECTOR: ACHIEVEMENT REPORT
In a first, Ministry of MSME has been awarded the ISO 9001-2008 certification. Implementation of ISO standards has enabled the Ministry to identify areas for improvement and also bring in transparency and accountability in its functioning. Source : Make in india site
Read More »Evaluation Study on Khadi and village Industries Programme.
During the Freedom Struggle, the development of Khadi and Village Industries was an instrument to meet the twin objective of self-reliance through local production and seeking active participation of the poor in the struggle for Independence through removal of hunger and unemployment. Their potential as an instrument of poverty alleviation …
Read More »GST to create Rs 36,000 crore software market in MSME segment.
JAIPUR: With the GST expected to be rolled out from September this year, there is a scramble among the software providers to have a bigger pie of the MSME segment whose invoicing and tax compliance IT requirements estimated to create a Rs 36000-crore market. Currently, only 90 lakh dealers out …
Read More »Textiles and Garments updates.
REASONS TO INVEST Abundant availability of raw materials such as cotton, wool, silk, jute and manmade fibres. Comparative advantage in terms of skilled manpower and cost of production over major textile producers across globe. Focused and favorable policies instituted by the government will give the industry a fillip. Presence of …
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PMEGP project ideas – Papad Manufacturing
KHADI & VILLAGE INDUSTRIES COMMISSION PROJECT PROFILE FOR GRAMODYOG ROJGAR YOJANA PAPAD MANUFACTURING Manufacturing of …
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PMEGP Sample Project Profiles
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B2C e-commerce exports by MSME clusters pegged at $26 million
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Three tips to ensure you launch a technology brand that can beat the odds
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PMEGP project ideas – Ayurvedic Medicine Formulations
Introduction Ayurvedic system of medicine is as old as the Vedic age. Now-a-days people give …
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PMEGP project ideas – Papad Manufacturing
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PMEGP Project ideas – Petha Manufacturing Unit
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PMEGP Sample Project Profiles
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A Comprehensive List Of Startup Incubators In India
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Government Stores Purchase Programme
Current Registered Units: 42329 The Government is the single largest buyer of a variety of goods. With …
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Scheme for ‘Setting up Mini Tool Room & Training Centres under PPP Mode’- an NMCP Scheme
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Tata launches indigenous TAL Brabo industrial robots to help increase efficiency of MSMEs
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India factory activity at five-month high in March on strong demand: PMI
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During the year, the company’s main focus has been on increased outsourcing to MSME sector.
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INDIAN Automobile Sector provides huge scope to MSMES
The Indian automobile industry is proving to be one of the drivers for Indian economic …
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Emerging Trends in INDIAN Automobile Industry
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Growth of Auto components Industry in INDIA
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Plastic: Update and New Developments in the Plastic Industry
We’ve come a long way from the black Bakelite phones and radio cases. In fact, …
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PLASTIC SECTOR SMES ARE DEVELOPING COMPETITIVE STRATEGIES
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GROWTH DRIVERS FOR INDIAN PLASTIC INDUSTRY
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Starting a pharma business in India
Pharmacy business is an evergreen business in India that is not affected by the economic …
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Ensuring pharmaceutical supply chain effectiveness – cost reduction in finishing & packing operations
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Collaborate and capitalise on new sciences
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Serve growth markets profitably
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Mature markets – Maximising the molecule
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NDMC to produce their own honey
President Ram Nath Kovind visited the apiary set up at the President’s Estate with the …
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Neem based small scale industries- Ideas
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Honey Bee Farming India
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Opportunities for startsups in Agri-Tech
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Government launches E-platform for agriculture sector