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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
Structured steel procurement is key for Indian MSMEs to save costs, ensure quality, and stay competitive. In this article, we will explore the objectives, challenges, best practices, and the 7 essential stages of steel procurement.
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.
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.
Collateral loans are often the preferred form of business loans for lenders. It reduces risks of non-repayment and ensures that their funds are secure. However, for small businesses it is often challenging to get a collateral to pledge as security for business loans. We take a look at why collaterals are important for business loans – how it benefits the lender and borrow creating a win-win situation for both.
Challenges faced by MSME sector in India are many. Inadequate financial support, marketing hurdles, manpower problems are just a few of the MSME challenges. Following a survival guide for MSMEs will help emerging businesses tackle all challenges effectively.
India’s steel industry continues to grow, driven by strong demand from infrastructure, construction, and manufacturing. The upcoming Bharat Steel 2026...
India’s February 2026 GST collections stood at ₹1.83 lakh crore, marking an 8.1% year-on-year rise and reflecting steady economic activity...
India’s steel sector is entering a new growth phase, driven by a strong steel IPO surge and expansion cycle in...
Steel procurement in EPC projects now requires financial modelling, not just rate comparison. In 2026, volatility, supplier concentration, and compliance...
