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How To Set Up SME

by Gyanvitaranam

    A micro or small or medium enterprise can easily be set up for self-employment. You can choose an activity depending upon your interest and suitability. While selecting an enterprise availability of manpower, raw material, technology, infrastructure, market etc. should be taken into account. MSME Development Institutes can assist you in identifying the activity based on the Industrial Potential Survey and product specific market studies. District Industries Centers/ State Directorate of Industries also facilitate in identification of a suitable activity.

   A preliminary market study of product(s) or service(s) needs to be undertaken to analyse consumption and availability pattern. If there is a gap in demand and supply, the activity considered ideal for selection. Market information is available with MSME Development Institutes (MSMEDIs) and DICs of respective states/areas. Market Survey reports on various items and Industrial potential surveys of....

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