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What is MSME cluster development programme?

What is MSME cluster development programme?

Being a small sized company comes with its own benefits and hurdles. A common MSME challenge is the inability to invest in infrastructure development and build facilities. This may restrict their growth. In such cases, the government encourages MSMEs cluster...
MSME Samadhaan: A portal for delayed payments to MSMEs

MSME Samadhaan: A portal for delayed payments to MSMEs

One of the major issues that MSMEs in India face is delayed payments. Even after completion of work, MSMEs are often not paid on time and that impacts the cashflow and overall business operations. Understanding this issue, in 2017 the Government of India established...
What are large scale industries?

What are large scale industries?

Table of Contents What are large scale industries Characteristics of large scale industries Examples of large-scale industries Advantages of large-scale industries Disadvantages of large-scale industries Role of large vs small scale industries Businesses can range...
10 Proven growth strategies for MSMEs

10 Proven growth strategies for MSMEs

If you are running a business, then you know that there is no fixed formula for success. There are different strategies that can be put into practice. So, what are the growth strategies of a company? There are several factors that can define growth for MSMEs. Having a...
India’s MSME Sector: Overview and key challenges

India’s MSME Sector: Overview and key challenges

Table of Contents Overview Impact of COVID-19 5 Top challenges Poor cash flow Low credit score Higher cost of raw material Ineffective marketing Technology related challenges The Micro, Small, and Medium Enterprises (MSME) sector is considered to be the backbone of...
12 Creative MSME business ideas with low investment

12 Creative MSME business ideas with low investment

Table of Contents Social media marketing services Tours and travelling Be a trader of healthy food items eCommerce Homemade food Interior designing Franchise Fitness Centre Insurance agency Party organiser/event planner Financial consultancy Recruitment agency A...
Udyam Portal – A comprehensive guide for MSMEs

Udyam Portal – A comprehensive guide for MSMEs

Table of Contents What is the Udyam portal? How many MSMEs are there in India? What is the Udyam portal used for? What is the difference between Udyam and MSME? What is the Udyam Aadhar? Who is eligible to access Udyam portal? Who can apply on Udyam portal ? What...