SMEs play a significant role in India's economy. They employ over 60 million people and contribute roughly 45% of industrial output and 40% of exports. The number of SMEs in India has grown steadily in recent years to over 48 million currently. SMEs account for about 40% of manufacturing value added and are major contributors to employment, technological innovation, and export growth. However, SMEs also face challenges including lack of access to financing, limited capital and skills, and difficulties in marketing and production. The government is working to promote SME development through various support programs.
An overview of SME's in India, Why are Indian SEM's Crucial! Find the Reasons for Small & Medium Enterprise(SME) Growth and details about Manufacturing Sectors. The opportunities exists for foreign SMEs looking to expand in the Indian market.
Make in india,TURNING VISION INTO REALITYJyothi Gupta
Infrastructure- Has India initiated enough measures to get its infrastructure ready to fulfill its aspirations of a fully developed nation?
Opening up of Critical Sectors for Private Participation like Railways, Ports, Defence, Aviation etc
Background – Material Handling Equipment Unit (palletized) Load movements.
Globally Classified in eight classes i.e. Class I to Class VIII
Class I – Battery Operated Forklift truck
Class II – Narrow Aisle Equipment
Class III – Pedestrian Equipment
Class IV & V – Diesel Operated forklift truck Indian Material Handling market is about 10000 units (Class I - Class V) per year.
Indian Industry growing at the CARG of approx. 7 % since last 3 years.
An overview of SME's in India, Why are Indian SEM's Crucial! Find the Reasons for Small & Medium Enterprise(SME) Growth and details about Manufacturing Sectors. The opportunities exists for foreign SMEs looking to expand in the Indian market.
Make in india,TURNING VISION INTO REALITYJyothi Gupta
Infrastructure- Has India initiated enough measures to get its infrastructure ready to fulfill its aspirations of a fully developed nation?
Opening up of Critical Sectors for Private Participation like Railways, Ports, Defence, Aviation etc
Background – Material Handling Equipment Unit (palletized) Load movements.
Globally Classified in eight classes i.e. Class I to Class VIII
Class I – Battery Operated Forklift truck
Class II – Narrow Aisle Equipment
Class III – Pedestrian Equipment
Class IV & V – Diesel Operated forklift truck Indian Material Handling market is about 10000 units (Class I - Class V) per year.
Indian Industry growing at the CARG of approx. 7 % since last 3 years.
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MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
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this presentation gives glimpse of how "Make in india" campaign was coined and what are challenges in front of it. presentation also gives way ahead to this campaign.
Micro, Small and Medium Enterprises, Key Government Schemes and Initiatives to support MSMEs, Current Financing Landscape for MSMEs, Issues and Challenges for MSMEs
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
This brief slide show is associated with Susan Fochler's talk at Blazing Fire Church on Saturday Jan 11, 2014. Please listen to the podcast via pod bean or at www.blazingfire.org
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Economy, with more than 31 million units employing more than 80 million persons. Further, productivity of the MSME sector has been improving significantly with fixed investments and employment growing consistently over the past few years. This is a direct indication of the efforts focused on this sector to integrate the workforce with technological enhancements to increase production. Fixed investments in the MSME sector between FY07 and FY12 has grown at a CAGR of 6.5 per cent and employment has grown by more than 6 per cent (y-o-y). Further, between FY07 and FY12, the sector’s total gross output grew at a CAGR of 6.3 per cent - reiterating the substantial contribution of the MSMEs to the Indian economy.
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
2. Introduction
What is
an SME ?
Employs 60
million people
Small and medium
enterprises (SMEs) or small
and medium-sized
businesses (SMBs)
are companies whose
personnel numbers fall below
certain limits-Wikipedia
SME contributes
45% of the
industrial output
Produces more
than 8000
quality products
No. of SMEs(in million)
50
40
30
40% of India’s
exports
Creates 1.3
million jobs
every year
20
39.1
40.9
42.7
44.7
46.7
48.8
2008
2009
2010
2011
2012
2013
10
0
3. • Contribute 40-50%
export*
• This takes place
through merchant
exporters, trading
houses and export
houses
• Product groups
which dominate
the exports from
SMEs sector include
sports
goods, readymade
garments, woolen
garments and
knitwear, plastic
products, processe
d food and leather
products
Technological Innovation
• Accounts for about
40% of the value
added in the
manufacturing
sector
• SMEs are
considered very
important
members of supply
chain
Increased Export
• Largest
employment
opportunities next
only to Agriculture
• Food products
industry has ranked
first in generating
employment, provi
ding employment
to 0.48 million
persons (13.1%)
• Non-metallic
products
contributed 22.7%
to employment
generated in rural
areas.
• As for urban
areas, Food
Products and Metal
Products almost
equally shared
22.8% of
employment
High contribution to Manufacturing
Employment
SMEs role in India's Economy
• Ability of SMEs to
innovate assumes
significance
because innovation
lends competitive
edge to
firms, industries
and
ultimately, economi
es
• SMEs) have been
considered one of
the ‘driving forces’
of modern
economies due to
their multifaceted
contributions in
terms of
technological
innovations
• With approximately 30
million SMEs in India, 12
million people expected to
join the workforce in next 3
years and the sector growing
at a rate of 8% per year
• Contribution of the sector to
India's GDP has been growing
consistently at 11.5 per cent
annually, which is higher than
the overall GDP growth of 8
per cent
*National Conference on Emerging Challenges for Sustainable Business 2012
4. Opportunity
CHALLENGES FACED BY SME
• The opportunities in the small-scale sector are enormous
due to the following factors:
• SMEs faces a number of problems –
• • absence of adequate and timely banking
finance,
• • limited capital and knowledge, nonavailability of suitable technology,
• • low production capacity,
• • Ineffective marketing strategy,
• • Identification of new markets,
• • Constraints on modernization &
expansions,
• • Non availability of highly skilled labor at
affordable cost,
• • Follow-up with various government
agencies to resolve problems etc.
•
•
•
•
•
•
•
•
•
•
•
•
•
Less Capital Intensive
Extensive Promotion & Support by Government
Reservation for Exclusive Manufacture by small scale sector
Project Profiles
Funding - Finance & Subsidies
Machinery Procurement
Raw Material Procurement
Manpower Training
Technical & Managerial skills
Tooling & Testing support
Reservation for Exclusive Purchase by Government
Export Promotion
Growth in demand in the domestic market size due to overall
economic growth
• Increasing Export Potential for Indian products
• Growth in Requirements for ancillary units due to the
increase in number of greenfield units coming up in the large
scale sector. Small industry sector has performed
exceedingly well and enabled our country to achieve a wide
measure of industrial growth and diversification.