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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond

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Procurement

Stainless Steel Springs: Grades, specs, and buying guide

Get a practical buying script for stainless steel springs used in MSME plants. Learn how to pick grades for Indian environments, anchor specs to ASTM A313 and IS 4454 Part 4, and set testable targets for load and spring rate. The guide covers coiling, stress relief, passivation or electropolish, and monsoon-ready packing with VCI and desiccants. Includes RFQ templates, GeM documentation tips, and quick fixes for tea staining, magnetism queries, and load drift so lots clear QA on time.

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Logistics

Logistics

Logistics hub in India: Meaning and benefits

Did you know that development logistics hubs can reduce the cost of logistics? Besides the cost factor, logistics hubs bring various benefits – for businesses, regions and country at large. Read on to understand meaning of logistics hub and a pivotal role of they play in the economic development.

Logistics

What is transshipment? Meaning, points, port, problems, examples and solutions

Transshipment is not a new term for the ones who are familiar with global trade. Due to various reasons, goods can not be shipped directly to its destination. That is when they are transshipped. Read on to understand why transshipment is important and reasons why it is used. Also learn...

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MSME

GST Crackdown: Why major firms face tax notices including LIC now?

Recently, numerous companies have reported receiving an unusually high number of GST notices. This surge arises from two primary reasons: systemic glitches and compliance errors. Frequent mismatches in invoice details, inaccurate Input Tax Credit (ITC) claims, delayed or incorrect filings, and confusion over evolving GST rules contribute significantly. Additionally, limitations and technical gaps within the GST portal itself amplify this issue, causing unnecessary scrutiny and inconvenience.

Last updated on: Feb 25, 2025

Anirban Sinha

Procurement

Steel Buyers Beware! Avoid These Costly Procurement Mistakes

Many steel buyers unknowingly make costly procurement mistakes that lead to overpriced contracts, supplier issues, and quality risks. This guide highlights the biggest steel buying errors and provides proven strategies to cut costs, negotiate better deals, and optimise procurement processes. Whether you’re a manufacturer or contractor, these insights will help you buy smarter & save more!

Last updated on: Mar 24, 2025

Anirban Sinha

Procurement

PLI Scheme: How MSMEs in Steel Manufacturing Can Benefit

The primary idea is to encourages local steel manufacturers to increase their production, improve quality, and rely less on imports. Government has an objective to increase the production from MSMEs and Large Enterprises with in India only. Less import will strengthen the economy and open chances to flourish the MSME sector.

Last updated on: Feb 21, 2025

Anirban Sinha

MSME

GST Rate Rationalisation: How India’s Tax Slabs Are Changing in 2025

GST Rate Rationalisation aims to simplify India's complex tax structure by merging slabs, reducing disputes, and improving compliance. It impacts businesses, consumers, and government revenue, ensuring a fair and efficient tax system. While it promises ease of doing business and transparency, challenges like political disagreements, revenue concerns, and inflation risks must be addressed.

Last updated on: Mar 10, 2025

Anirban Sinha

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