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Small-scale industries are businesses engaged in activities that are done on a very low scale. Investment in small-scale industries doesn’t exceed ₹10 crores and therefore belongs to the micro and small enterprise category (MSE) of the MSME classification for Indian companies. We take a look at the meaning and key characteristics of small-scale industries, business ideas to start, and the role of small businesses in rural development.

Last updated on: Mar 23, 2026

Do you know how the tender evaluation process works, i.e., what happens to your tender application after submission? Tender evaluation is a systematic process that involves assessing an application from multiple aspects – technical and financial, before awarding the tender to the most suitable bidder. We discuss the stages in the tender evaluation process, to help you be aware and prepare well so that you can increase your chances of winning.

Mar 2, 2023

The NIC code was established to easily recognize businesses according to the industrial activities conducted in their enterprises. This number is especially important for registering your company under the Udyam portal. Read on to learn about the NIC code list 2008 for manufacturing, services, and trading sections.

Last updated on: Jul 29, 2025
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