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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
Indian MSMEs depend on steel for every project, yet many still buy through last minute calls and scattered quotes. This article shows how to turn that chaos into a smart steel procurement strategy that links production needs, pricing, policy and cash flow. Learn how to set priorities, match specs to drawings, manage duties and logistics, and use light digital tools so steel buying becomes predictable, profitable and easier to control.
Understand the difference FOB vs EXW, FCA, CIF, DDP, DAP & More in global trade with detailed comparisons of costs, responsibilities, insurance, risk, and Incoterms for informed shipping decisions.
Learn the FOB shipping meaning, its types, benefits, risks, and step-by-step process. Ideal for MSMEs, first-time importers, and global traders seeking clarity on ownership and risk transfer in international shipping contracts.
There are many small business ideas for entrepreneurs that are highly profitable and can be started with investment under ₹10 lakh. These business ideas have been tried and tested and have given high Return on Investment to business owners making it a successful investment plan. Listed below are some of the best business ideas that are creative, profitable, and easy to start with.
A letter of credit (LC) is a bank-backed payment guarantee that helps MSMEs trade safely, both in India and abroad. By understanding its meaning, types, compliance needs, and costs, small businesses can reduce payment risks, secure larger orders, and build trust with buyers. For MSMEs, an LC isn’t just paperwork — it’s a tool for cash flow stability and growth.
Long steel products such as rebars, beams, and wire rods form the backbone of India’s construction and infrastructure. For MSMEs, procurement of long steel directly affects project timelines, compliance, and cash flow. This blog explores the key challenges faced by small firms – from price volatility and supply delays to strict BIS standards and heavy documentation – and highlights how smarter sourcing, government schemes, and disciplined practices can turn long steel from a risky purchase into a driver of competitiveness...
BIS markings are not just compliance stamps; they are procurement safeguards. For MSMEs, they prevent supply rejection, blocked payments, and tender disqualification. By checking licenses early, building compliance into RFQs and contracts, and tracking renewals, sourcing teams reduce hidden costs and protect margins. In India’s competitive markets, BIS markings turn from regulation into a practical tool for vendor reliability and long-term supply resilience.
India’s GST collection in January 2026 reached ₹1.93 lakh crore, reflecting steady revenue growth and strong economic activity. Growth was...
Steel prices in India are beginning to rise after months of historically low levels. The shift is mainly driven by...
Smart PEB buildings are not defined by dashboards or sensors alone. Their real value lies in predictable energy use, clear...
Steel prices in India are shaped by raw material costs, demand cycles, policy measures, and market forces. This article explains...
