Micro, Small and Medium Enterprises constitute the backbone of an economy in maintaining an appreciable growth rate and in generating employment opportunities. This sector has been regarded as engine of economic growth and social development in many developed and developing countries. Contribution of MSMEs to the Indian economy in terms of employment generation, containing regional disparities, fostering equitable economic growth and enhancing export potential of the country has been quite phenomenal. Despite some infrastructural deficiencies and challenges like flow of institutional credit and inadequate market linkages, this sector has registered remarkable success with regard to increase in number, quantum of investment, scale of production and overall contribution to national GDP.
MSMEs sector plays a major role in contributing to India’s export performance. This sector contributes 45%-50% of the Indian exports out of which direct export accounts for nearly 35% and indirect 15% to the total exports.
Here are few Projects for Startup:
Tomato Ketchup, Tomato Sauce and Tomato Soup
Fruit and vegetable production is labour intensive, as every plant and its products need to be looked after and greater human intervention is needed at the time of harvest, to ensure right size, maturity, colour, ripeness and so on. The fruit and vegetable group is the single largest item in the national statistics on private final consumption expenditure in domestic market………Read more
Mango Pickles
Mango is one of the best fruits in India. There are number of products produced from mango like mango juice, mango pulp, mango flavour, mango kernel oil, mango pickles and powder etc. which are well accepted throughout India and in aboard. There are some manufacturers in organized sector and some are in unorganized sector……….Read more
Poha (Rice Flakes)
Poha or rice flakes are basically breakfast food. Rice flakes are derived from paddy, which is partially precooked and converted into form of flat flakes. Rice flakes have very good shelf life. It is a nutritive product as no polishing is done on rice. It has medium thickness and crisp texture. Poha is cheap and convenient breakfast foods……………Read more
Puffed Rice (Muri)
Puffed Rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jaggery and coconut gratings, or dusted with salt and spices after enrobing with oil…………Read more