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Articles, guides, tips and updates to accelerate business growth in 2023 and beyond
From early-year strength to monsoon dips and year-end stabilisation, steel prices in 2025 shifted often. Such movements impacted MSMEs, construction firms, auto suppliers, and fabricators. This article explains the key drivers and prepares buyers for the 2026 steel market.
This blog explains how value-based taxation quietly drives up shipping costs for Indian MSMEs. This article breaks down how ad valorem tax — applied as a percentage of the invoice value — affects courier, PTL, and FTL services. It emphasizes why even a ₹200 mismatch in declared value can delay...
This article unpacks the concept of Veblen goods through a strategic business lens, showing how higher prices can drive demand when products signal status or exclusivity. From premium steel to elite logistics, we explore how Indian businesses—especially those in B2B and procurement—can apply Veblen thinking to differentiate offerings, boost perceived...
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.
Are rising green steel prices worth the premium for your business? With costs now 15-40% higher than regular steel, many...
How are specialty steels transforming India’s manufacturing future? As industries like EVs, aerospace, electronics, defence and renewable energy upgrade to...
Global steel production fell sharply in October 2025, driven by China’s deep output cuts and a broader slowdown across Asia....
Are you still relying on open market “udhaar” to run your business? Think again, as informal credit exposes MSMEs to...
