4/29/10

MSME WORLD EXPO 2010




Exhibition Date : 29th to 31st October 2010

Micro, Small & Medium Enterprises, the Engine of Inclusive Growth & Development.


Profile for Event :
MSME World Expo 2010 an international exhibition cum conference, for Micro, Small & Medium Enterprises along with large industries to provide a platform as above and to create awareness of the policies, facilities declared/ formed. This platform is to study the demand and supply to enhance Exports-Imports through interactive Sessions and Business Meet.

EXHIBITOR'S PROFILE:
  • Micro, Small & Medium Manufacturers & Service Providers,
  • Finance institutions / Scheduled & Private Banks,
  • Micro Finance companies
  • Auto Manufacturers & Auto component Manufacturers,
  • Communications,
  • Oil Companies,
  • Building & Constructions,
  • IT Sectors,
  • Electrical & Electronics,
  • Industrial Equipments Manufactures & Suppliers,
  • Office Equipments & Supplies,
  • Logistics,
  • Certifying & Calibrating Agency,
  • Consultants & Service Providers,
  • Entrepreneurship Centres ,
  • Importers / Exporters / Traders / Whole sellers
  • Marketing Consultants, Testing & measuring Equipments Tool Rooms & Many more........

VISITOR'S PROFILE:
  • SMEs
  • Exporters
  • Importers
  • Financiers
  • Entrepreneurs from different sectors
  • Government And Non Government firms
  • Traders Association And Members
  • Heavy Industries and many more
MSME Registration | MSME Registration India | SME Registration | SME Registration india | Import Export Code | Import Export Code in India

4/28/10

Set Up An MSME Unit

MSMEs in the country have not been able to play the best possible role due to many deficiencies. The foremost reason for this is the prevalence of outdated production and management methods, and a general reluctance to install modern machinery and equipment due to paucity of funds.
Financing
Financial assistance in India for MSME units is available from a variety of institutions. The important ones are:
• Commercial / regional rural / co-operative banks
• Small Industries Development Bank of India (SIDBI) for refinancing and direct lending
• State Financial Corporations (SFCs) such
as the Delhi Financial Corporation and State Industrial Development Corporations (SIDCs)
Long term and medium term loans are provided by SIDBI, SFCs and SIDCs. Banks also finance term loans. This type of financing is needed to fund the purchase of land, the construction of the factory building / shed, and for buying machinery and equipment.
Short term loans, on the other hand, are needed for working capital requirements—to fund the purchase of raw materials and consumables, the payment of wages, and other immediate manufacturing and administrative expenses. Such loans are generally available from commercial banks, which also sanction composite loans that comprise working capital and term loans up to Rs. 1 crore.
If you plan to take a loan from a financial institution or a commercial bank, a formal application needs to be made. You need to provide the following along with your loan application:
• Required documentation for loan application
• The balance sheet and profit and loss statement of the firms owned by the promoters for the last three years
• Income tax assessment certificates of
partners / directors
• Proof of possession of land / building
• Architect’s estimate for construction costs
Setting up the unit
Your home could be the best place to start up at. However, if you would rather set up the unit somewhere else, make sure you negotiate for the purchase of a favorable plot or shed, organize for the proper construction of the building, pay attention to the interior design of the unit, and find good deals for equipment and machinery.
Constructing the building
Once an industrial plot for the unit has been secured, your next task is to find a suitable architect. The design of the factory building has to be in sync with the industry you are in and have an appropriate plant layout.
Getting utility connections
While land and the building make up the skeleton of the unit, utilities like power and water are of prime importance to sustain it. It is imperative to commence work on these aspects with diligent follow up. Power connections are generally either of the LT (low tension) or HT (high tension) type. If the connected load is up to 75 HP, an LT connection is provided. If the connected load is 130 HP or higher, an HT connection is provided.
A formal application needs to be made (in the specified form) to the state electricity board. An electrical inspector is deputed for evaluation of application to factory site, after which the load is sanctioned. In areas where there is power shortage, it is advisable to augment the power supply with a captive generating set.
Likewise, water connection is obtained by applying for it in advance using the official forms. The water supply can be augmented by installing a tubewell.
Men, machinery & material
A project report must specify the manpower required for projects; it is advisable to provide a staggered proposal for the induction of manpower. Engineers and operatives must be available to you before the machinery is installed.
Choosing and ordering the right machinery is also of paramount importance. Carry out a techno-economic survey of the machinery and equipment that are available and suited to your purpose. Then, consult experts, dealers / suppliers and existing users of these machines before you make the purchase. Also seek out the advice of the DIC, MSMEI and NSIC.
Materials procurement and planning are critical. And inventory management can lead to manageable cash flow situations.
Filing the Entrepreneurs Memorandum
Section 8 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, provides for the filing of the Entrepren-eurs Memorandum by a micro, small or medium enterprise. Subsection 2 of Section 8 stipulates the form of the memorandum, the procedure for filing it, and other such
relevant matters.
The memorandum may be filed with the District Industries Centre in the jurisdiction where the enterprise is or will be located.
Approvals
Every SSI unit has to comply with various regulations in force. These include regulatory, taxation, environmental and certain product specific clearances.
Exemption from Compulsory License
Licensing in the industries sector is governed by the licensing exemption notification that was issued by the Government of India on July 25, 1991, under the Industries (Development and Regulation) Act, 1951. For small-
scale industries (SSIs), there are virtually no licensing restrictions.
Environment & Pollution Related Clearances
The method of granting water and air pollution clearances to SSI units has been simplified. Except for 17 critically polluting sectors, all other SSI units will merely have to file an application and obtain an acknowledgement that will serve the purpose of consent.
Quality certification
Quality certification has become extremely important in competitive markets, especially for gaining a foothold in export businesses. To avail the ISO-9000 certification, a unit has to undertake significant expenditure.


Regulatory or Taxation Clearances
• Registration under Sales Tax Act: From the commercial tax officer of the area concerned
• Registration under Central Excise Act: From the Collector of Central Excise or nominee for the area
• Payment of Income Tax: From the ITO of the area concerned
• Registration of Partnership Deed: From the Inspector General of the area concerned
• Calibration of weights & measures: From the Weights and Measures Inspector of State
• Power Connection: From the Officer of the State Electricity Board
• Employee strength exceeding 10 (with power) or 20 (without power):
From the Chief Inspector of Factories

Article in Enterpreneur india . com

3/9/10

Register your SSI Unit



Import Export Code Small Scale and ancillary units (i.e. undertaking with investment in plant and machinery of less than Rs. 6.0 million and Rs. 7.5 million respectively) should seek registration with the Director of Industries of the concerned State Government. Registering Your SSI Unit The main purpose of Registration is to maintain statistics and maintain a roll of such units for the purposes of providing incentives and support services. States have generally adopted the uniform registration procedures as per the guidelines. However, there may be some modifications done by States. It must be noted that small industries is basically a state subject. States use the same registration scheme for implementing their own policies. It is possible that some states may have a 'SIDO registration scheme' and a 'State registration scheme'.

Benefits of Registering The registration scheme has no statutory basis. Units would normally get registered to avail some benefits, incentives or support given either by the Central or State Govt. The regime of incentives offered by the Centre generally contains the following: - Credit prescription (Priority sector lending), differential rates of interest etc. - Excise Exemption Scheme - Exemption under Direct Tax Laws. - Statutory support such as reservation and the Interest on Delayed Payments Act. (It is to be noted that the Banking Laws, Excise Law and the Direct Taxes Law have incorporated the word SSI in their exemption notifications. Though in many cases they may define it differently. However, generally the registration certificate issued by the registering authority is seen as proof of being SSI). States/UTs have their own package of facilities and incentives for small scale. They relate to development of industrial estates, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Both the Centre and the State, whether under law or otherwise, target their incentives and support packages generally to units registered with them. Objectives of The Registration Scheme They are summarised as follows: - To enumerate and maintain a roll of small industries to which the package of incentives and support are targeted. - To provide a certificate enabling the units to avail statutory benefits mainly in terms of protection. - To serve the purpose of collection of statistics. - To create nodal centres at the Centre, State and District levels to promote SSI.Features of The Scheme Features of the scheme are as follows: - DIC is the primary registering centre - Registration is voluntary and not compulsory. - Two types of registration is done in all States. First a provisional registration certificate is given. And after commencement of production, a permanent registration certificate is given. - PRC is normally valid for 5 years and permanent registration is given in perpetuity.Provisional Registration Certificate (PRC) - This is given for the pre-operative period and enables the units to obtain the term loans and working capital from financial institutions/banks under priority sector lending. - Obtain facilities for accommodation, land, other approvals etc. - Obtain various necessary NOCs and clearances from regulatory bodies such as Pollution Control Board, Labour Regulations etc. Permanent Registration CertificateEnables the unit to get the following incentives/concessions: - Excise exemptions - Income-Tax exemption and Sales Tax exemption as per State Govt. Policy. - Incentives and concessions in power tariff etc. - Price and purchase preference for goods produced. - Availability of raw material depending on existing policy.Procedure For Registration Features of the present procedures are as follows: - A unit can apply for PRC for any item that does not require industrial license which means items listed in Schedule-III and items not listed in Schedule-I or Schedule-II of the licencing Exemption Notification. Units employing less than 50/100 workers with/without power can apply for registration even for those items included in Schedule-II. - Unit applies for PRC in prescribed application form. No field enquiry is done and PRC is issued. - PRC is valid for five years. If the entrepreneur is unable to set up the unit in this period, he can apply afresh at the end of five years period. - Once the unit commences production, it has to apply for permanent registration on the prescribed form.The following form basis of evaluation: - The unit has obtained all necessary clearances whether statutory or administrative. e.g. drug license under drug control order, NOC from Pollution Control Board, if required etc. - Unit does not violate any locational restrictions in force, at the time of evaluation. - Value of plant and machinery is within prescribed limits. - Unit is not owned, controlled or subsidiary of any other industrial undertaking as per notification. De-Registration A Small Scale Unit can violate the regulations in the following ways which will make it liable for de-registration: - It crosses the investment limits. - It starts manufacturing any new item or items that require an industrial license or other kind of statutory license. - It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.

Import Export Code Ahmedabad | Import Export Code Gujarat | Industrial Registration

Import Export Code in Ahmedabad Import Export Code in Gujarat SSI Unit Registration,

11/11/09

Steps to setup an Industry in Gujarat

Establishing an Industrial Project

Steps to be followed by an entrepreneur

  • Collect maximum information about  the project or products proposed to be manufactured
  • For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
  • Decide location where the project is likely to set up
  • Learn about the procedures and formalities required to be completed before taking up physical implementation of the project

Get a detailed project report prepared which interalia should include following components

  • Market potential of the products to be manufactured
  • Characteristics of the Location
  • Land and building requirements
  • Requirements and availability of Plant and Machinery
  • Requirement of other utilities namely power, water, steam etc.
  • Assessment of Working Capital requirements
  • Technology tie-up
  • Raw materials with specifications
  • Manpower requirements
  • Schedule of Implementation
  • Estimates of Project Cost
  • Tie up of means of finance
  • Cost of Production and  profitability
  • Break even Point
  • Internal Rate of Return
  • Cash flow
  • Debt service Coverage Ratio to establish financial viability
  • Economic Benefits

Steps to setup an Industry in Gujarat

Establishing an Industrial Project

Steps to be followed by an entrepreneur

  • Collect maximum information about  the project or products proposed to be manufactured
  • For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
  • Decide location where the project is likely to set up
  • Learn about the procedures and formalities required to be completed before taking up physical implementation of the project

Get a detailed project report prepared which interalia should include following components

  • Market potential of the products to be manufactured
  • Characteristics of the Location
  • Land and building requirements
  • Requirements and availability of Plant and Machinery
  • Requirement of other utilities namely power, water, steam etc.
  • Assessment of Working Capital requirements
  • Technology tie-up
  • Raw materials with specifications
  • Manpower requirements
  • Schedule of Implementation
  • Estimates of Project Cost
  • Tie up of means of finance
  • Cost of Production and  profitability
  • Break even Point
  • Internal Rate of Return
  • Cash flow
  • Debt service Coverage Ratio to establish financial viability
  • Economic Benefits

Steps to setup an Industry in Gujarat

Establishing an Industrial Project

Steps to be followed by an entrepreneur

  • Collect maximum information about  the project or products proposed to be manufactured
  • For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
  • Decide location where the project is likely to set up
  • Learn about the procedures and formalities required to be completed before taking up physical implementation of the project

Get a detailed project report prepared which interalia should include following components

  • Market potential of the products to be manufactured
  • Characteristics of the Location
  • Land and building requirements
  • Requirements and availability of Plant and Machinery
  • Requirement of other utilities namely power, water, steam etc.
  • Assessment of Working Capital requirements
  • Technology tie-up
  • Raw materials with specifications
  • Manpower requirements
  • Schedule of Implementation
  • Estimates of Project Cost
  • Tie up of means of finance
  • Cost of Production and  profitability
  • Break even Point
  • Internal Rate of Return
  • Cash flow
  • Debt service Coverage Ratio to establish financial viability
  • Economic Benefits

Steps to setup an Industry in Gujarat

Establishing an Industrial Project

Steps to be followed by an entrepreneur

  • Collect maximum information about  the project or products proposed to be manufactured
  • For the purpose, collect/prepare a project profile which would outline brief information on the project or products to be manufactured
  • Decide location where the project is likely to set up
  • Learn about the procedures and formalities required to be completed before taking up physical implementation of the project

Get a detailed project report prepared which interalia should include following components

  • Market potential of the products to be manufactured
  • Characteristics of the Location
  • Land and building requirements
  • Requirements and availability of Plant and Machinery
  • Requirement of other utilities namely power, water, steam etc.
  • Assessment of Working Capital requirements
  • Technology tie-up
  • Raw materials with specifications
  • Manpower requirements
  • Schedule of Implementation
  • Estimates of Project Cost
  • Tie up of means of finance
  • Cost of Production and  profitability
  • Break even Point
  • Internal Rate of Return
  • Cash flow
  • Debt service Coverage Ratio to establish financial viability
  • Economic Benefits