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Information enables, knowledge empowers, wisdom elevates. In this age of smart phones and digital enablement for all, new forms of credit are constantly coming to our door steps; being aware can transform the way we think about funding our businesses. We are passionate about issues that surround small businesses and this space is devoted towards spreading awareness about various tools that can benefit entrepreneurs. Keep reading..

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Apr, 2017

Udyog Credit is now an empaneled handholding agency (Standup Mitra) with SIDBI

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We are pleased to share that we will be able to serve our MSME customers better as we are now formally empaneled with SIDBI as a handholding partner (under the name of ‘Innocred Technologies Pvt. Ltd.’ – our parent entity). Now our MSME customers can select us as a handholding agency on the Standup Mitra portal by selecting our parent entity name (Innocred Technologies Pvt. Ltd.) for the following services: Financial literacy training Entrepreneur development programme Assistance in completing documentation for availing business loans through Mudra or Standup scheme Assistance is […]

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Apr, 2017

How to start a 3D printing business in India

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What is 3D Printing? 3D Printing is the next generation printing technique. Unlike other printings, there is no use of ink or paper in 3D printing. Instead it is a process of making prints with various kinds of material like plastics, metal, ceramic, glass etc. It is a process where three-dimensional rendering guide is used to create a physical object by the help of a machine. 3d printing, also known as Additive Manufacturing is a process that is used to create a three-dimensional object of any shape and size with […]

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23

Apr, 2017

Business opportunity – Becoming a distributor for LED products

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What is an LED product? The latest technology in lighting products include a light emitting diode (LED) which consumes lesser energy than commonly used bulbs and lamps. This technology is used across wide range of products used for residential and commercial purposes. LED products have longer life span and consume less power, which makes it cheaper than Compact Fluorescent Lamps (CFL) products and traditional incandescent bulbs by 2.2x and 8.3x times over a life span of 50,000 hrs.   What are the growth drivers for LED industry? It is energy […]

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9

Apr, 2017

The business opportunity in Laundromat (Laundry as a service)

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  What is a Laundromat ? A Laundromat is a business with washing machine and dryers available for use by anyone. These Laundromats are substitutes to the traditional  doorstep washer man/washer woman and take orders through dedicated stores and smartphone apps. They also provide delivery and pick up at doorstep. In metro cities, the demand is from working couples, students, hotels, hostels etc, wherein its much cheaper and time efficient to get the clothes washed and ironed as a service instead of doing it oneself using an owned washing machine. […]

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9

Apr, 2017

How to Start a Cashew Nut Processing Unit

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In India, there are 8 states popular for the commercial cultivation of cashew, these are Andhra Pradesh, Goa, Kerala, Karnataka, Orissa, Maharashtra, Gujarat, and Tamil Nadu. Raw cashew is not a ready to eat product. Processing is necessary. And cashew processing unit is a small scale and profitable business in India. Processed cashew nuts are consumed directly or converted to a variety of products like salted cashew nuts, kaju Burfi, cashew curries etc In India, processing of raw cashew nuts involves both effective utilization of latest technology through equipment and skilled […]

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