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Gituparna Sarma
Co-founding Entrepre... • 4m
Reason why India is behind China in manufacturing is really complicated and I think it had been made complicated : 1) To start a company in India, you usually reserve a name which the MCA ( Ministry Copperate Affairs) takes so much time to reserve then the remarks and the chances of your name matching is very specially called they add a law 70% of name could not be similar. 2) Even if you get the name, you have to wait for CIN Incorporation and remarks. 3) Btw the DSC stuff is also there which usually takes 2 days mostly but wrong broker will charge you lot. 4) Food and Msme license while with trade license. so basically trade and msme is still good but food one takes days even if you contacted msmr directly. 5) Inventory limit, plus bylaws against it where a manufacture cant store too much of water and grains in a warehouse it might be considered hoarding and different states have laws. 6) Inflatory Environment due to logistics which is not still developed. please add any :
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