SlideShare a Scribd company logo
how to start the MSME business in India.pptx
#1 Selection of Products
By conducting a market research, one could decide the product that
they want to manufacture.
A product that has good market potential and profitability should be
the one. Consider these factors while conducting market research:
 Should have a little or no competition
 Should be innovative
 Easy availability of raw materials
 Government Policies regarding the product type should be
clear/all right
 Should be easily accessible to the market
 Should be within your budget
#2 Location of Enterprise
•While deciding on the location of the industry,
availability of raw material, transportation costs
and availability of land at cheaper rates are the most
crucial points to be remembered (along with some
more factors).
•In India, government also offers a relevant industrial
estate with pre-built factory sheds/developed plots
in order to make a room for integrated development of
small scale industries.
#3 Deciding the Organization Pattern
There are three main forms of ownership that small scale industry owners
operate on: Proprietary, Partnership, and Company.
 Proprietary describes all the rights that are the owner of property can
exercise and all items manufactured and marketed under exclusive rights.
 Partnership is an association of two or more business people. Both
partners invest their money in a partnership and carry on the business as
joint ventures where they share all their profits, losses, risks and
combine their capital and managerial skills for mutual benefit.
 Company is a legal entity created by the state whose assets and
liabilities are separate fromits owners.
You could decide on which ownership form your business is going to
operate.
#4 Project Appraisal
• Project appraisal means the analysis of a scheme or project that has to
be prepared keeping in mind the
• Economic feasibility,
• Financial feasibility,
• Technical feasibility,
• market feasibility and
• managerial feasibility and organizational feasibility aspects to
arrive at the most socially-feasible enterprise.
• It enables an entrepreneur to assess inputs required to assimilate in the
future activities of the firm.
#5. Registration with the Authorities
• After finalizing the above steps, it’s time to get the small
scale industry registered with authorities like State
Directorate of India, Directorate General of Supplies and
Disposals (DGS&D), RBI, Recoveries of Loans and
Advancements(RLA) etc to get your industry recognized by
the government.

More Related Content

Similar to how to start the MSME business in India.pptx

Buy side M&A - A master class 2011
Buy side M&A - A master class 2011Buy side M&A - A master class 2011
Buy side M&A - A master class 2011
Sean Rowbotham FCA MBA
 
Buy-side M&A - Qualifying Your Seller & Finding Value
Buy-side M&A - Qualifying Your Seller & Finding ValueBuy-side M&A - Qualifying Your Seller & Finding Value
Buy-side M&A - Qualifying Your Seller & Finding Value
Firmex
 
Best tips to setup an enterprises | jsoncrown
Best tips to setup an enterprises | jsoncrownBest tips to setup an enterprises | jsoncrown
Best tips to setup an enterprises | jsoncrown
jsoncrown .
 
Few Tips to Setup an Enterprises | Rod kagy
Few Tips to Setup an Enterprises | Rod kagyFew Tips to Setup an Enterprises | Rod kagy
Few Tips to Setup an Enterprises | Rod kagy
Rod Kogy | Famous Real Estate Business man
 
Rfid business in india
Rfid business in indiaRfid business in india
Rfid business in india
Nishant Dean
 
Strategic management assignment wipro
Strategic management assignment wiproStrategic management assignment wipro
Strategic management assignment wipro
nisha_chandra
 
Project Feasibility Study of Project
Project Feasibility Study of ProjectProject Feasibility Study of Project
Project Feasibility Study of Project
Mobasshera Jahan
 
Custom Business Plans: Critical Legal Considerations
Custom Business Plans:  Critical Legal ConsiderationsCustom Business Plans:  Critical Legal Considerations
Custom Business Plans: Critical Legal Considerations
Richard Daniels, JD/MBA
 
Successfully Investing in Multi.pdf
Successfully Investing in Multi.pdfSuccessfully Investing in Multi.pdf
Successfully Investing in Multi.pdf
JohnEdward80
 
igcse-business-studies-revision.docx
igcse-business-studies-revision.docxigcse-business-studies-revision.docx
igcse-business-studies-revision.docx
ProfessionalAccount4
 
Chapter 3 Industry and Environmental Analysis.pptx
Chapter 3 Industry and Environmental Analysis.pptxChapter 3 Industry and Environmental Analysis.pptx
Chapter 3 Industry and Environmental Analysis.pptx
GinoLacandula1
 
Ch 3+4 business organization & soleproperitorship
Ch 3+4 business organization & soleproperitorshipCh 3+4 business organization & soleproperitorship
Ch 3+4 business organization & soleproperitorship
MuhammadAbdurRehman34
 
11 formalities for setting up a small business enterprise
11 formalities for setting up a small business enterprise11 formalities for setting up a small business enterprise
11 formalities for setting up a small business enterprise
abcde123321
 
Valuation
ValuationValuation
Valuation
bajajjiten
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
NazminTandra
 
Corporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture careCorporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture care
Kumar Kanaujia
 
Introduction to due diligence for mba
Introduction to due diligence for mbaIntroduction to due diligence for mba
Introduction to due diligence for mba
Mohit Gandhi
 
Ip finance-toolkit
Ip finance-toolkitIp finance-toolkit
Ip finance-toolkit
Ankit Awasthi
 
Multinational companies [Autosaved].pptx
Multinational companies [Autosaved].pptxMultinational companies [Autosaved].pptx
Multinational companies [Autosaved].pptx
Roshni Saji
 
Navigating the CARES Act
Navigating the CARES ActNavigating the CARES Act
Navigating the CARES Act
FTI Strategic Communications
 

Similar to how to start the MSME business in India.pptx (20)

Buy side M&A - A master class 2011
Buy side M&A - A master class 2011Buy side M&A - A master class 2011
Buy side M&A - A master class 2011
 
Buy-side M&A - Qualifying Your Seller & Finding Value
Buy-side M&A - Qualifying Your Seller & Finding ValueBuy-side M&A - Qualifying Your Seller & Finding Value
Buy-side M&A - Qualifying Your Seller & Finding Value
 
Best tips to setup an enterprises | jsoncrown
Best tips to setup an enterprises | jsoncrownBest tips to setup an enterprises | jsoncrown
Best tips to setup an enterprises | jsoncrown
 
Few Tips to Setup an Enterprises | Rod kagy
Few Tips to Setup an Enterprises | Rod kagyFew Tips to Setup an Enterprises | Rod kagy
Few Tips to Setup an Enterprises | Rod kagy
 
Rfid business in india
Rfid business in indiaRfid business in india
Rfid business in india
 
Strategic management assignment wipro
Strategic management assignment wiproStrategic management assignment wipro
Strategic management assignment wipro
 
Project Feasibility Study of Project
Project Feasibility Study of ProjectProject Feasibility Study of Project
Project Feasibility Study of Project
 
Custom Business Plans: Critical Legal Considerations
Custom Business Plans:  Critical Legal ConsiderationsCustom Business Plans:  Critical Legal Considerations
Custom Business Plans: Critical Legal Considerations
 
Successfully Investing in Multi.pdf
Successfully Investing in Multi.pdfSuccessfully Investing in Multi.pdf
Successfully Investing in Multi.pdf
 
igcse-business-studies-revision.docx
igcse-business-studies-revision.docxigcse-business-studies-revision.docx
igcse-business-studies-revision.docx
 
Chapter 3 Industry and Environmental Analysis.pptx
Chapter 3 Industry and Environmental Analysis.pptxChapter 3 Industry and Environmental Analysis.pptx
Chapter 3 Industry and Environmental Analysis.pptx
 
Ch 3+4 business organization & soleproperitorship
Ch 3+4 business organization & soleproperitorshipCh 3+4 business organization & soleproperitorship
Ch 3+4 business organization & soleproperitorship
 
11 formalities for setting up a small business enterprise
11 formalities for setting up a small business enterprise11 formalities for setting up a small business enterprise
11 formalities for setting up a small business enterprise
 
Valuation
ValuationValuation
Valuation
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Corporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture careCorporate digest magazine july, 2017 by venture care
Corporate digest magazine july, 2017 by venture care
 
Introduction to due diligence for mba
Introduction to due diligence for mbaIntroduction to due diligence for mba
Introduction to due diligence for mba
 
Ip finance-toolkit
Ip finance-toolkitIp finance-toolkit
Ip finance-toolkit
 
Multinational companies [Autosaved].pptx
Multinational companies [Autosaved].pptxMultinational companies [Autosaved].pptx
Multinational companies [Autosaved].pptx
 
Navigating the CARES Act
Navigating the CARES ActNavigating the CARES Act
Navigating the CARES Act
 

More from nagarajan740445

HR Analytics First module corporate expericence.pptx
HR Analytics First module corporate expericence.pptxHR Analytics First module corporate expericence.pptx
HR Analytics First module corporate expericence.pptx
nagarajan740445
 
principles of design thinking and start a new business in bengaluru.pptx
principles of design thinking and start a new business in bengaluru.pptxprinciples of design thinking and start a new business in bengaluru.pptx
principles of design thinking and start a new business in bengaluru.pptx
nagarajan740445
 
digital age mode Industry presentation.pptx
digital age mode Industry presentation.pptxdigital age mode Industry presentation.pptx
digital age mode Industry presentation.pptx
nagarajan740445
 
Statistical Learning and Model Selection module 2.pptx
Statistical Learning and Model Selection module 2.pptxStatistical Learning and Model Selection module 2.pptx
Statistical Learning and Model Selection module 2.pptx
nagarajan740445
 
scorpio case study.pptx
scorpio case study.pptxscorpio case study.pptx
scorpio case study.pptx
nagarajan740445
 
SENCER_panel.ppt
SENCER_panel.pptSENCER_panel.ppt
SENCER_panel.ppt
nagarajan740445
 
geetha 1SP21BA009.pptx
geetha 1SP21BA009.pptxgeetha 1SP21BA009.pptx
geetha 1SP21BA009.pptx
nagarajan740445
 
gagana ppt 1.pptx
gagana ppt 1.pptxgagana ppt 1.pptx
gagana ppt 1.pptx
nagarajan740445
 
SCM + PUF_Day 3.pptx
SCM + PUF_Day 3.pptxSCM + PUF_Day 3.pptx
SCM + PUF_Day 3.pptx
nagarajan740445
 
Inroduction to ERP system core functions and challenages.pptx
Inroduction to ERP system core functions and challenages.pptxInroduction to ERP system core functions and challenages.pptx
Inroduction to ERP system core functions and challenages.pptx
nagarajan740445
 
MDD in CAP (Saundra Stock).ppt
MDD in CAP (Saundra Stock).pptMDD in CAP (Saundra Stock).ppt
MDD in CAP (Saundra Stock).ppt
nagarajan740445
 
Intestinal Obstruction (1).ppt
Intestinal Obstruction (1).pptIntestinal Obstruction (1).ppt
Intestinal Obstruction (1).ppt
nagarajan740445
 
marketing analytics 1.pptx
marketing analytics 1.pptxmarketing analytics 1.pptx
marketing analytics 1.pptx
nagarajan740445
 
first rule of marketing analytics forget about the customer.pptx
first rule of marketing analytics  forget about the customer.pptxfirst rule of marketing analytics  forget about the customer.pptx
first rule of marketing analytics forget about the customer.pptx
nagarajan740445
 
marketing analytics.pptx
marketing  analytics.pptxmarketing  analytics.pptx
marketing analytics.pptx
nagarajan740445
 
Cardiac.pptx
Cardiac.pptxCardiac.pptx
Cardiac.pptx
nagarajan740445
 
NERCOMPfinal_jfg.ppt
NERCOMPfinal_jfg.pptNERCOMPfinal_jfg.ppt
NERCOMPfinal_jfg.ppt
nagarajan740445
 
Data Analytics .pptx
Data Analytics .pptxData Analytics .pptx
Data Analytics .pptx
nagarajan740445
 
BUSINESS_ANALYTICS_ppt.ppt
BUSINESS_ANALYTICS_ppt.pptBUSINESS_ANALYTICS_ppt.ppt
BUSINESS_ANALYTICS_ppt.ppt
nagarajan740445
 
Tamil Nadul List of Doctors-2020.pdf
Tamil Nadul List of Doctors-2020.pdfTamil Nadul List of Doctors-2020.pdf
Tamil Nadul List of Doctors-2020.pdf
nagarajan740445
 

More from nagarajan740445 (20)

HR Analytics First module corporate expericence.pptx
HR Analytics First module corporate expericence.pptxHR Analytics First module corporate expericence.pptx
HR Analytics First module corporate expericence.pptx
 
principles of design thinking and start a new business in bengaluru.pptx
principles of design thinking and start a new business in bengaluru.pptxprinciples of design thinking and start a new business in bengaluru.pptx
principles of design thinking and start a new business in bengaluru.pptx
 
digital age mode Industry presentation.pptx
digital age mode Industry presentation.pptxdigital age mode Industry presentation.pptx
digital age mode Industry presentation.pptx
 
Statistical Learning and Model Selection module 2.pptx
Statistical Learning and Model Selection module 2.pptxStatistical Learning and Model Selection module 2.pptx
Statistical Learning and Model Selection module 2.pptx
 
scorpio case study.pptx
scorpio case study.pptxscorpio case study.pptx
scorpio case study.pptx
 
SENCER_panel.ppt
SENCER_panel.pptSENCER_panel.ppt
SENCER_panel.ppt
 
geetha 1SP21BA009.pptx
geetha 1SP21BA009.pptxgeetha 1SP21BA009.pptx
geetha 1SP21BA009.pptx
 
gagana ppt 1.pptx
gagana ppt 1.pptxgagana ppt 1.pptx
gagana ppt 1.pptx
 
SCM + PUF_Day 3.pptx
SCM + PUF_Day 3.pptxSCM + PUF_Day 3.pptx
SCM + PUF_Day 3.pptx
 
Inroduction to ERP system core functions and challenages.pptx
Inroduction to ERP system core functions and challenages.pptxInroduction to ERP system core functions and challenages.pptx
Inroduction to ERP system core functions and challenages.pptx
 
MDD in CAP (Saundra Stock).ppt
MDD in CAP (Saundra Stock).pptMDD in CAP (Saundra Stock).ppt
MDD in CAP (Saundra Stock).ppt
 
Intestinal Obstruction (1).ppt
Intestinal Obstruction (1).pptIntestinal Obstruction (1).ppt
Intestinal Obstruction (1).ppt
 
marketing analytics 1.pptx
marketing analytics 1.pptxmarketing analytics 1.pptx
marketing analytics 1.pptx
 
first rule of marketing analytics forget about the customer.pptx
first rule of marketing analytics  forget about the customer.pptxfirst rule of marketing analytics  forget about the customer.pptx
first rule of marketing analytics forget about the customer.pptx
 
marketing analytics.pptx
marketing  analytics.pptxmarketing  analytics.pptx
marketing analytics.pptx
 
Cardiac.pptx
Cardiac.pptxCardiac.pptx
Cardiac.pptx
 
NERCOMPfinal_jfg.ppt
NERCOMPfinal_jfg.pptNERCOMPfinal_jfg.ppt
NERCOMPfinal_jfg.ppt
 
Data Analytics .pptx
Data Analytics .pptxData Analytics .pptx
Data Analytics .pptx
 
BUSINESS_ANALYTICS_ppt.ppt
BUSINESS_ANALYTICS_ppt.pptBUSINESS_ANALYTICS_ppt.ppt
BUSINESS_ANALYTICS_ppt.ppt
 
Tamil Nadul List of Doctors-2020.pdf
Tamil Nadul List of Doctors-2020.pdfTamil Nadul List of Doctors-2020.pdf
Tamil Nadul List of Doctors-2020.pdf
 

Recently uploaded

"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ..."DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
thanhluan21
 
How to Manage Access Rights & User Types in Odoo 17
How to Manage Access Rights & User Types in Odoo 17How to Manage Access Rights & User Types in Odoo 17
How to Manage Access Rights & User Types in Odoo 17
Celine George
 
Allopathic M1 Srudent Orientation Powerpoint
Allopathic M1 Srudent Orientation PowerpointAllopathic M1 Srudent Orientation Powerpoint
Allopathic M1 Srudent Orientation Powerpoint
Julie Sarpy
 
Read the 38 letters Rockefeller left to his son online for free
Read the 38 letters Rockefeller left to his son online for freeRead the 38 letters Rockefeller left to his son online for free
Read the 38 letters Rockefeller left to his son online for free
Jerry Chew
 
How to Create a New Article in Knowledge App in Odoo 17
How to Create a New Article in Knowledge App in Odoo 17How to Create a New Article in Knowledge App in Odoo 17
How to Create a New Article in Knowledge App in Odoo 17
Celine George
 
RDBMS Lecture Notes Unit4 chapter12 VIEW
RDBMS Lecture Notes Unit4 chapter12 VIEWRDBMS Lecture Notes Unit4 chapter12 VIEW
RDBMS Lecture Notes Unit4 chapter12 VIEW
Murugan Solaiyappan
 
Individual Performance Commitment Review Form-Developmental Plan.docx
Individual Performance Commitment Review Form-Developmental Plan.docxIndividual Performance Commitment Review Form-Developmental Plan.docx
Individual Performance Commitment Review Form-Developmental Plan.docx
monicaaringo1
 
The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptx
heathfieldcps1
 
Edukasyong Pantahanan at Pangkabuhayan 1: Personal Hygiene
Edukasyong Pantahanan at  Pangkabuhayan 1: Personal HygieneEdukasyong Pantahanan at  Pangkabuhayan 1: Personal Hygiene
Edukasyong Pantahanan at Pangkabuhayan 1: Personal Hygiene
MJDuyan
 
Principles of Roods Approach!!!!!!!.pptx
Principles of Roods Approach!!!!!!!.pptxPrinciples of Roods Approach!!!!!!!.pptx
Principles of Roods Approach!!!!!!!.pptx
ibtesaam huma
 
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptxBRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
kambal1234567890
 
C Interview Questions PDF By Scholarhat.pdf
C Interview Questions PDF By Scholarhat.pdfC Interview Questions PDF By Scholarhat.pdf
C Interview Questions PDF By Scholarhat.pdf
Scholarhat
 
The Cruelty of Animal Testing in the Industry.pdf
The Cruelty of Animal Testing in the Industry.pdfThe Cruelty of Animal Testing in the Industry.pdf
The Cruelty of Animal Testing in the Industry.pdf
luzmilaglez334
 
Odoo 17 Social Marketing - Lead Generation On Facebook
Odoo 17 Social Marketing - Lead Generation On FacebookOdoo 17 Social Marketing - Lead Generation On Facebook
Odoo 17 Social Marketing - Lead Generation On Facebook
Celine George
 
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
Nguyen Thanh Tu Collection
 
How To Update One2many Field From OnChange of Field in Odoo 17
How To Update One2many Field From OnChange of Field in Odoo 17How To Update One2many Field From OnChange of Field in Odoo 17
How To Update One2many Field From OnChange of Field in Odoo 17
Celine George
 
matatag curriculum education for Kindergarten
matatag curriculum education for Kindergartenmatatag curriculum education for Kindergarten
matatag curriculum education for Kindergarten
SarahAlie1
 
New Features in Odoo 17 Sign - Odoo 17 Slides
New Features in Odoo 17 Sign - Odoo 17 SlidesNew Features in Odoo 17 Sign - Odoo 17 Slides
New Features in Odoo 17 Sign - Odoo 17 Slides
Celine George
 
How to Empty a One2Many Field in Odoo 17
How to Empty a One2Many Field in Odoo 17How to Empty a One2Many Field in Odoo 17
How to Empty a One2Many Field in Odoo 17
Celine George
 
modul ajar kelas x bahasa inggris 2024-2025
modul ajar kelas x bahasa inggris 2024-2025modul ajar kelas x bahasa inggris 2024-2025
modul ajar kelas x bahasa inggris 2024-2025
NurFitriah45
 

Recently uploaded (20)

"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ..."DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
"DANH SÁCH THÍ SINH XÉT TUYỂN SỚM ĐỦ ĐIỀU KIỆN TRÚNG TUYỂN ĐẠI HỌC CHÍNH QUY ...
 
How to Manage Access Rights & User Types in Odoo 17
How to Manage Access Rights & User Types in Odoo 17How to Manage Access Rights & User Types in Odoo 17
How to Manage Access Rights & User Types in Odoo 17
 
Allopathic M1 Srudent Orientation Powerpoint
Allopathic M1 Srudent Orientation PowerpointAllopathic M1 Srudent Orientation Powerpoint
Allopathic M1 Srudent Orientation Powerpoint
 
Read the 38 letters Rockefeller left to his son online for free
Read the 38 letters Rockefeller left to his son online for freeRead the 38 letters Rockefeller left to his son online for free
Read the 38 letters Rockefeller left to his son online for free
 
How to Create a New Article in Knowledge App in Odoo 17
How to Create a New Article in Knowledge App in Odoo 17How to Create a New Article in Knowledge App in Odoo 17
How to Create a New Article in Knowledge App in Odoo 17
 
RDBMS Lecture Notes Unit4 chapter12 VIEW
RDBMS Lecture Notes Unit4 chapter12 VIEWRDBMS Lecture Notes Unit4 chapter12 VIEW
RDBMS Lecture Notes Unit4 chapter12 VIEW
 
Individual Performance Commitment Review Form-Developmental Plan.docx
Individual Performance Commitment Review Form-Developmental Plan.docxIndividual Performance Commitment Review Form-Developmental Plan.docx
Individual Performance Commitment Review Form-Developmental Plan.docx
 
The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptx
 
Edukasyong Pantahanan at Pangkabuhayan 1: Personal Hygiene
Edukasyong Pantahanan at  Pangkabuhayan 1: Personal HygieneEdukasyong Pantahanan at  Pangkabuhayan 1: Personal Hygiene
Edukasyong Pantahanan at Pangkabuhayan 1: Personal Hygiene
 
Principles of Roods Approach!!!!!!!.pptx
Principles of Roods Approach!!!!!!!.pptxPrinciples of Roods Approach!!!!!!!.pptx
Principles of Roods Approach!!!!!!!.pptx
 
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptxBRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
BRIGADA ESKWELA OPENING PROGRAM KICK OFF.pptx
 
C Interview Questions PDF By Scholarhat.pdf
C Interview Questions PDF By Scholarhat.pdfC Interview Questions PDF By Scholarhat.pdf
C Interview Questions PDF By Scholarhat.pdf
 
The Cruelty of Animal Testing in the Industry.pdf
The Cruelty of Animal Testing in the Industry.pdfThe Cruelty of Animal Testing in the Industry.pdf
The Cruelty of Animal Testing in the Industry.pdf
 
Odoo 17 Social Marketing - Lead Generation On Facebook
Odoo 17 Social Marketing - Lead Generation On FacebookOdoo 17 Social Marketing - Lead Generation On Facebook
Odoo 17 Social Marketing - Lead Generation On Facebook
 
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
BÀI TẬP BỔ TRỢ 4 KỸ NĂNG TIẾNG ANH LỚP 12 - GLOBAL SUCCESS - FORM MỚI 2025 - ...
 
How To Update One2many Field From OnChange of Field in Odoo 17
How To Update One2many Field From OnChange of Field in Odoo 17How To Update One2many Field From OnChange of Field in Odoo 17
How To Update One2many Field From OnChange of Field in Odoo 17
 
matatag curriculum education for Kindergarten
matatag curriculum education for Kindergartenmatatag curriculum education for Kindergarten
matatag curriculum education for Kindergarten
 
New Features in Odoo 17 Sign - Odoo 17 Slides
New Features in Odoo 17 Sign - Odoo 17 SlidesNew Features in Odoo 17 Sign - Odoo 17 Slides
New Features in Odoo 17 Sign - Odoo 17 Slides
 
How to Empty a One2Many Field in Odoo 17
How to Empty a One2Many Field in Odoo 17How to Empty a One2Many Field in Odoo 17
How to Empty a One2Many Field in Odoo 17
 
modul ajar kelas x bahasa inggris 2024-2025
modul ajar kelas x bahasa inggris 2024-2025modul ajar kelas x bahasa inggris 2024-2025
modul ajar kelas x bahasa inggris 2024-2025
 

how to start the MSME business in India.pptx

  • 2. #1 Selection of Products By conducting a market research, one could decide the product that they want to manufacture. A product that has good market potential and profitability should be the one. Consider these factors while conducting market research:  Should have a little or no competition  Should be innovative  Easy availability of raw materials  Government Policies regarding the product type should be clear/all right  Should be easily accessible to the market  Should be within your budget
  • 3. #2 Location of Enterprise •While deciding on the location of the industry, availability of raw material, transportation costs and availability of land at cheaper rates are the most crucial points to be remembered (along with some more factors). •In India, government also offers a relevant industrial estate with pre-built factory sheds/developed plots in order to make a room for integrated development of small scale industries.
  • 4. #3 Deciding the Organization Pattern There are three main forms of ownership that small scale industry owners operate on: Proprietary, Partnership, and Company.  Proprietary describes all the rights that are the owner of property can exercise and all items manufactured and marketed under exclusive rights.  Partnership is an association of two or more business people. Both partners invest their money in a partnership and carry on the business as joint ventures where they share all their profits, losses, risks and combine their capital and managerial skills for mutual benefit.  Company is a legal entity created by the state whose assets and liabilities are separate fromits owners. You could decide on which ownership form your business is going to operate.
  • 5. #4 Project Appraisal • Project appraisal means the analysis of a scheme or project that has to be prepared keeping in mind the • Economic feasibility, • Financial feasibility, • Technical feasibility, • market feasibility and • managerial feasibility and organizational feasibility aspects to arrive at the most socially-feasible enterprise. • It enables an entrepreneur to assess inputs required to assimilate in the future activities of the firm.
  • 6. #5. Registration with the Authorities • After finalizing the above steps, it’s time to get the small scale industry registered with authorities like State Directorate of India, Directorate General of Supplies and Disposals (DGS&D), RBI, Recoveries of Loans and Advancements(RLA) etc to get your industry recognized by the government.