Overview The sole proprietorship firm registration is one of the easiest ways of doing business in India. It requires less capital, fewer formalities and less effort overall. No wonder so many people want to register themselves as a sole proprietor. The compliances are minimal and easy to fill in such a case. It is a single [...]
Overview NSIC registration or National Small Industries Corporation is set up by the government of India to promote the products of Micro Small and Medium Enterprises (MSME). It is a mini PSU created in 1955. Avail our services to register your MSME. NSIC helps the MSME by launching various schemes like Single point Registration for Government Purchase, Marketing [...]
MSME/SSI Through the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the Government of India attempts to boost MSME. These Small Scale Industries (SSI) are the mainstay for growth in many developed, and developing economies, of the world. Importance of small businesses for India is immense. It is considered a prominent player as it requires less [...]
MSME Sector in India The MSME (Micro, Small and Medium ) enterprises of India are a major contributor to the economy of the country with over 3.62 Crore Enterprises in operation during the 2017-18 financial year. The MSME sector employs 55 million people and contributes about 8% to the GDP. Thus, MSMEs are a pivotal part of [...]
Overview Small-scale Industry (SSI) Registration or Small business Registration are almost similar to MSME Registration in India. It is provided by the Ministry of Micro, small, and Medium Enterprises through the Directorate of Industries of the State Government. One of the main purposes of SSI Registration is to maintain statistics and a roll of SSI businesses in [...]
Introduction The Micro, Small and Medium Enterprises (MSME) sector is a very important piece of India's legacy economic model and a part of the critical supply chain for products and services. This sector is considered as the job creator and plays a crucial role in providing large-scale employment and industrialization of rural and backward areas. As [...]
