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

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India’s steel market is changing fast, and buyers now face both new pressures and fresh opportunities. Choosing sustainable steel can protect budgets, contracts, and reputations. Let us explore what this means for your business and where to start.

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Inland Container Depots (ICD) are temporary storage facilities for import and export related goods. There are over 100 ICDs in India owned by both private and government entities. These depots function as transport hubs in the logistics chain and help companies handle their cargo.

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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

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

The PLI Scheme for Specialty Steel 1.1 is creating big growth opportunities for MSMEs in India’s steel sector. It offers financial incentives to expand capacity, upgrade technology, and enter high-value segments like electrical and alloy steel. Read on to see how your steel business can benefit and grow under the PLI scheme.

Last updated on: Feb 11, 2026

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
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