Market Development Scheme

For a developing economy to make it big in the international markets, trade is one of the largest avenues. In order to reduce the consumption of imported goods and rather encourage manufacturers across the nation to produce higher-quality goods that can be exported, the government initiated various schemes. One ofRead More →

Lean-Manufacturing

The Government of India upscaled the Lean Manufacturing Competitiveness Scheme or the LMCS for Micro, Small and Medium Enterprises (MSMEs). This initiative saw the light of the day to reduce wastage in the manufacturing process and thereby enhance the global competitiveness in the MSME sector.  What are the most possibleRead More →

Udyam Registration Online Portal

During difficult times, smaller businesses end up facing a major brunt as their only means of income are damaged. Small and Medium Enterprises, during the whole lockdown crisis, have suffered exponentially.  The government acknowledges that the Small and Medium Enterprises or the SMEs have endured massive financial losses lately andRead More →

Ministry of Micro, Small & Medium Enterprises

An ISO certified Enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME), the NSIC has been working closely with banks to develop small and medium businesses to achieve success in the market.  How does the NSIC function? NSIC operates through various offices and technical centers peppered countrywide. ToRead More →