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Biz2Credit Advisor With growing competition and optimization in methods of doing business, it has become necessary that companies benchmark their position. Companies are facing tough competition from rivals and peers and this has become a daily affair. So, in order to outdo their competitors, it is very important that companies benchmark their strengths and weaknesses. Benchmarking is ...
TAGS Tags: companies benchmark, competition, industry, optimization, SAP India, scrutiny process
CATEGORIES Marketing Tips
Intellectual property facilitation centre (IPFC) for MSMEs has been set up in August last year to provide protection to trademarks, copyrights, patents and geographical indications (GI). The centre established at the National Institute for Micro, Small and Medium Enterprise (ni-msme) is receiving good response on IPR enquiry. 25 IPR filings are expected to take place by March 2011. N Srilakshmi, coordinator ...
TAGS Tags: coordinator, Enterprise, industry, IPFC, organizations, processing, small entrepreneurs
CATEGORIES Small Business News
The auto component Manufacturers’ Association of India (ACMA) revealed that the domestic auto component industry has pegged 20% growth in the year 2009-10. Its turnover remained US$ 22 billion. The reason for such growth has been the expansion activities undertaken by SMEs manufacturing auto component so as to meet the growing demand of automobiles in the country. According to Jayant Davar, ...
TAGS Tags: ACMA, economic, growing demand of automobiles, industry, recovery, SMEs, SMEs manufacturing, US and European markets
CATEGORIES Auto, Industry Expert, Operational Advice
Gujarat Industrial Development Corporation (GIDC) has geared its efforts to build an industry ecosystem where both small and large companies can thrive together. It has concentrated mainly on chemical and engineering sectors and is developing special zones for them. GIDC has reserved 1,000 hectares of land from its 4,000-hectare Dahej Special Economic Zone industrial estate. This ...
With economies of Europe and US are hard-hit by recession, SMEs in India has also witnessed decline in the last three quarters of 2008. The strong linkage with agricultural sector is one reason for micro, small and medium enterprises’’ (MSMEs) economic recession. But it would be wrong to conclude that this sector will not withstand the crisis as Indian SMEs ...
