Indian Railways has recently come up with new opportunities for common man under Atma Nirbhar Bharat campaign. As per reports, Indian Railways has given Micro, Small and Medium Enterprises (MSME) a chance to become its partner under Atma Nirbhar Bharat campaign. If you are also planning to do business, then you can earn handsome income by joining hands with Indian Railways. You can start business with bumper profits even in low capital.
So if you also want to become a part of Indian Railways, then this is a good chance for you. Here, you will earn good by connecting with Railways.
You should know that every year Railways buys products worth more than Rs 70,000 crore annually. It includes many types of technical and engineering products as well as products coming in daily use. In such a situation, you can sell your products to the railways by becoming a small businessman.
How to Register for this Business?
If you also want to do business with Railways, you can register at https://ireps.gov.in and https://gem.gov.in.
How to Start This Business?
>> Indian Railway buys product from the company that supplies the cheapest goods in the market. So in such a situation, you have to select any product that you can buy cheaply from a company.
>> After this, make a digital signature. With its help, you will be able to see the new tenders by visiting the https://ireps.gov.in and https://gem.gov.in websites of the Railways.
>> Take care of your cost and profit while placing the tender. Put the tender on the basis of the same.
>> Apart from this, keep in mind that if your rates are competitive (competitive rates), then it will be easier for you to get the tender. Railways demand some technical qualifications for the supply of service.
Apart from this, Railways is taking a big decision to promote MSME. MSMEs will get priority of up to 15 percent in the purchase of up to 25 percent of the cost of any railway tender. Apart from this, small industries are also exempted from the terms of deposit of security deposit and security deposit amount.
Is There Any Need for Re-Registration?
Tell that if you have already registered or you have registered to supply the product in another agency of the railway, then you will not need new registration. Once registered, you can start business with railway.
