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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
Budget 2025 brings game-changing reforms for MSMEs, including enhanced credit access, revised classification criteria, and mandatory TReDS onboarding. Explore how these updates will transform India's small businesses.
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.
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 for MSMEs classifies businesses according to their economic activities and is an important part of Udyam Registration. Learn how the NIC code structure identifies specific business activities and explore the NIC code list for manufacturing, services, and trading. Also understand NIC-2008 and NIC-2025 and how to find the applicable NIC code for your business in 2026.
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.
India's October 2026 GST collection reached ₹2.31 lakh crore, registering 22.9% year-on-year growth. Higher domestic and import-related revenue contributed to...
The September 2026 GST collection in India reached ₹2,03,521 crore, rising 14.7% year on year. The strong collection reflects continued...
India is moving to expand green steel procurement, with a proposed 25% share for government projects still under consideration. The...
The MSME Amendment Act 2026 brings important changes to India’s MSME framework, with a focus on classification, registration, and payments....
