Make in India should SUPPORT SME/MSME in BIG WAY

www.Industrykart.com Make in INDIA should SUPPORT SME/MSME

Make in India can succeed better by taking SME sector along. It is a fact that SME/SME employ majority of work force and total value creation of SME is more than 3 times that of big corporates.

It is also a well-known fact that Big Corporates enjoy 80% of industrial resources available and create 20% value whereas SME get only 20% of industrial resources and generate 80% value.

India has been home to SME/MSME and Government of India should provide emphasis to SME sector by following measures:

1- Direct BENEFIT Transfer to SME- Please close the state level industry promotion offices, SME/MSME will do better if they can get DIRECT BENEFIT transfer and middlemen could be removed.

2- Credit at Big Corporate Rates- Big corporates get credit at 10% whereas SME/MSME do not even get at 15%. The SME/MSME end up buying items on credit from Stockists who ultimately charge interest rates of up to 150% far more than the infamous rural moneylenders.

I have already provided a glimpse of 150% interest in my BLOG 

http://industrykart.blogspot.in/2015/01/save-yourself-from-20-interest-for-one.html

www.industrykart.com is working on a vision to get all industrial items at door step of the buyer. It has HUGE value for SME because www.industrykart.com makes available the products at same rates for SMEs as these are available for Big CORPORATES, this is Industrial democratization.

It is so unfair, big corporates get CREDIT at lower rates, ITEMS at lower prices and that too on credit.

Take some examples:

1- When we buy TATA TRUCKS, we pay through DD for booking of the TRUCK. Only after the DD gets cashed in TATA account the TRUCK invoicing in our name starts....take the other side of the coin.....We also supply machines to TATA Motors. We do not get any advance for making the machine. Payment is after 30 DAYS of acceptance. This should STOP.

2- Take any BIG CORPORATE, let say Maruti Udyog Limited. When we buy a CAR, we have to pay 100% upfront. .take the other side of the coin.....We also supply machines to Maruti. We do not get any advance for making the machine. Payment is after 30 DAYS of acceptance. This should STOP.

MakeinIndia campaign will be successful only if it supports SME in BIG way and brings benefits to SME at the same level as that of BIG CORPORATES.

#SupportSME, Tender Fee waived but hefty Tender Processing Fee makes Entry. MSME, Govt of India intervetion NEEDED

#SupportSME, Tender Fee waived but hefty Tender Processing Fee makes Entry. MSME, Govt of India intervention NEEDED

For Samall Scale Industry SME, Government of India offers several support benefits like Tender Fee Waiver & EMD (Earnest Money Deposite) waiver, but unfortunately in the name of e-procurement few government organizations have started charging TENDER PROCESSING FEE for each tender.

This is huge burden on SME sector. Government may please look into it. This is against the Make in India campaign.

IndustryKART has a big role in MakeinIndia campaign success with Motto"Buyer be the GOD"

IndustryKART has a big role in MakeinIndia campaign success

IndustryKART.com as the name suggests is for the industry and works with a motto of "Buyer be the GOD"

Buyer is "GOD" to us and for our "GOD" we GUARANTEE:

1-Guaranteed lowest Prices
2-Certified Genuine Products Only
3-Ex- Stock, Door Delivery

We create substantial value for you by removing all inefficiencies in industrial purchase process and make it convenient, enjoyable, transparent & honest.

Our teams are working round the clock to get you the BEST value for money and convenience of buying.

Kindly visit us for all your industrial purchases and feel the difference. We welcome you to call us on  0 70 42 59 19 180 70 42 59 19 18 or email us at team@industrykart.com

To know more about us visit http://www.industrykart.com/about

Thanking you
Shailendra Pratap Singh
Founder, www.industrykart.com
B. Tech (ME), IITK, 1996

We support Make In India campaign.
http://www.makeinindia.com/

We also support www.msme.gov.in in its efforts to support SME/MSME and Small Scale Industries!!!

Buy Electric Motor Online India at 70% Discount

www.industrykart SELLING ABB Motors @ 70% Discount FLAT

www.industrykart.com: Customer education: Why do we have 60%-65% Discount On ELECTRIC Motors?

Did you ever think, why is there discount like 60%-66% on Electric Motors? Why do the companies have such high LIST Price? It is nothing but a way to BLIND the customer and make money. See how?

The Indian Electric Motor Industry runs on CREDIT. The buyers almost always takes CREDIT of a month or so from the seller and takes ~64% discount on the LIST Price. The buyer is happy that he or she is getting 64% discount and also a month CREDIT but in fact, the BUYER is paying 20% INTEREST for this CREDIT and the Electric Motor trading industry survives on this 20% interest charged on the buyer.

See how?

Let say the electric MOTOR List Price is 1,00,000 INR. The Buyer with 1 month CREDIT will buy @ 64% discount and hence will buy for INR 36,000/-. In case the BUYER buys from www.industrykart.com, he will buy the same motor at 70% discount and thus at INR 30,000.

If you notice, the buer simply saves 6000 INR for a buy of INR 30000. This is FLAT 20% which buyer pays for one month credit.

Does any money lender charge this kind of interest? But electric motor sellers charge 20% interest from the BUYERS.

Here www.industrykart.com comes in and saves customer from these money lenders. Here it is HONEST & Transparent pricing.

1- Guaranteed Lowest Prices

2- Genuine Certified Products

3- Ex-Stock Door Delivery.

These are enough reasons to buy only from www.industrykart.com

www.industrykart.com Future of Industrial Purchasing - It will be Enjoyable: How does an INDIAN industry make a BUY

How does an INDIAN industry make a BUY

A.                   Need/Indent Approval: The Engineering department <Indenter> raises a need and after approval from the boss, he initiates buying.

B.                   Make RFQ/ Search Suppliers/ Take Quotations: If it is STANDARD ITEM purchase, the indenter (after boss approval) simply passes on the requirement to Purchase Department, which in turn contacts min three suppliers/ takes quotations (min three) and then negotiates with these three suppliers to get the best price /delivery and then places an order. Sometimes Indenter himself gets 3-4 quotations/ discusses technical specs with sellers/ freezes on the exact specifications and passes on to the Purchaser.

C.                   Make Best Negotiation (with EACH seller) to get BEST Price/ best delivery. Pay Advance and wait for delivery (SOMETIMES not ex-stock). This process adds to cost.

D.                  In most of the companies, there is a RUNNER who goes around buying / picking the items for the company. Being semi-literate he buys spurious/ nonstandard poor quality stuff. Cost of Runner adds to cost.

E.                    Buyer never knows if he GOT best price or not?

F.                    Place an ORDER and chases the supplier regularly for delivery.

Here www.IndustryKART.com enters and eliminates B, C and makes it INSTANT EX-Stock, Lowest Cost Buy. Automatically the buyer gets better DEAL compared to what he would have got with all his efforts. Saves time/ energy. Also satisfied & happy as knows he bought at right price and was not cheated. It points, what www.IndustryKART gets to the buyer is:

A.                            Brings HONESTY in buying.

B.                            Automatic L1 buying (lowest cost)

C.                             Ex-Stock option available/ Door delivery available.

D.                            Complete buying DATA Base available online 

www.IndustryKART.com, Our Motto: BUYER be the GOD

www.IndustryKART.com

Our Motto:

BUYER be the GOD

Our Strength:

TRUST of buyers and partners (Stockists)

What do we DO? :

create SUBSTANTIAL value for buyers and partners(Stockists)

 Our Vision 2020

1.     To become the backbone of Indian Industry supply CHAIN.

Our Mission

Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions. To make INDUSTRIAL BUYING an enjoyable experience by getting BEST Prices/ ex-stock/ Door Delivery to our customers (From work to JOY).

• To help bring in QUALITY of Indian manufacturing to GLOBAL Industry standards by selling only global quality standard products.
• To add 1% to the GDP growth of the country and make a difference by adding efficiency in buying & selling processes.
• We DELETE negotiation (Remove this STEP) from the purchase process.

Save yourself from 20% INTEREST for one MONTH. Never BUY Electric Motors on CREDIT. Buy online from www.industrykart.com.

Never BUY Electric Motors on CREDIT. Buy online from www.industrykart.com.Save yourself from 20% INTEREST for one MONTH

I never thought, and you may also have never though that actually ELECTRIC MOTOR buying on credit is nothing but getting fleeced.

The buyer unknowingly ends up paying more than 15% for just one month credit.

The electric motor buyer almost always buys on credit and normally gets 64% discount. The buyer gets one month credit. The www.industrykart.com is offering 70% discount but no credit. The buyers feel that for 6% advantage (70%-64%), they may end up paying upfront rather than get one month credit.

So the choice is one month credit or 6% additional price advantage (70%-64%). But there is more to it. The BUYER is actually at disadvantage on many counts in buying through CREDIT.

Disadvantage-1: The Buyer gets one month credit. Let us find out the interest that he pays for this credit. let say He buys a motor, LIST Price: 100000 INR. He buys on one month credit with discount of 64%. Thus he buys at 36000 INR. If he had bought from www.industrykart.com he would have bought the same motor with 70% discount at a price of 30000 INR. Thus he would have saved 6000 INR at a buy of 30000 INR.  Thus by buying on one month credit he looses INR 6000. See what is the percentage of rate of interest- It is (6000/30000)- 20% INTERSET for one MONTH credit.(it is interesting effect of giving discounts). This is shocking!!!

When we speak to customers, they get shocked like we do.

Disadvantage-2: Buying at 64% discount offline or at 70% discount online, the discount is actually not only 6% different. Just see, the buyer saves 6000 on a buy of 30,000. If bout offline he buys at 36000 INR. Thus actual saving is 6000 on 36000, thus 17% and not less.

These are the games the discount plays with BUYERS. Enjoy buying online at www.IndustryKART.com