Title: Ben & Gaws - Fabrication bazar creating infinite capacity
1(No Transcript)
2Ben Gaws Legal - The Fabrication Bazar is a
micro-enterprise development initiative that is
part of the government's Make in India program.
The Fabrication Bazar is an online marketplace
that connects small and medium enterprises (SMEs)
with buyers. The initiative was started by the
Ministry of Micro, Small and Medium Enterprises
(MSME), which is the nodal ministry for the
promotion of MSMEs in India. The Fabrication
Bazar was created to address the challenge of
limited access to markets for SMEs. The platform
provides an opportunity for SMEs to showcase
their products and services to a wider
audience. The Fabrication Bazar has helped
create employment opportunities for skilled
workers in the MSME sector. It has also provided
a boost to the manufacturing sector by promoting
Made in India products.
3MSME and its role in India
According to Ben Gaws, Micro, Small and Medium
Enterprises (MSMEs) play a vital role in the
Indian economy. They are the second largest
employer after agriculture and contribute
significantly to the countrys exports.
4The sector is a key driver of economic growth and
is responsible for creating new jobs. It is also
an important source of innovation and technology
transfer. MSMEs play an important role in
inclusive growth by providing opportunities for
entrepreneurship, particularly to women and
marginalized groups. They contribute to rural
development through their presence in rural areas
and by providing linkages with other sectors of
the economy. MSMEs are also an important part of
the global supply chain and play a critical role
in ensuring that small businesses have access to
international markets. In India, MSMEs account
for about 96 of all enterprises and produce more
than 8000 products for export.
5How Fabrication Bazar creates infinite capacity
through MSME
6In order to create infinite capacity, Fabrication
Bazar takes advantage of MSME.MSME stands for
Micro, Small, and Medium Enterprises. These are
enterprises that have fewer than 500 employees.
In India, MSMEs make up for about 90 of the
industrial sector and employ around 120 million
people. MSMEs are often lauded for their
contribution to economic growth and employment.
They are considered more nimble and adaptable
than large enterprises, and can provide greater
opportunities for innovation. Additionally, MSMEs
typically have a lower environmental impact than
large enterprises. In order to take advantage of
the benefits provided by MSMEs, Fabrication Bazar
has created an online marketplace specifically
for them. This marketplace allows MSMEs to
connect with each other and with potential
customers. It also provides a space for them to
showcase their products and services.
7In the future, the company plans to launch
additional initiatives that will further support
MSMEs in India. Ben Gaws Legal hope this
article on Fabrication Bazar has helped you
understand how the company is able to utilize
MSMEs to create infinite capacity. By leveraging
the talent and resources of small businesses,
Fabrication Bazar is able to provide its
customers with high-quality products and services
at a fraction of the cost. This makes them a
valuable partner for businesses of all
sizes. Ben and Gaws manufactures pre-fab
structures, huge storage tanks, large storage
bins, and other large storage structures with
outstanding quality, the best price, and the
quickest delivery. Ben and Gaws Legal are making
fabrication simpler, smarter, and faster by
offering consumers a comprehensive solution in
which they can just upload the drawings and get
it fabricated. Want more information visit Ben
Gaws site.