Tuesday, November 15, 2011

Get ISO 9001:2008 QMS Certification @ Rs. 15000 * T&C


Get   ISO 9001:2008  QMS Certification @ Rs. 15000   * T&C

Dear Sir,
ISO 9001 Quality Management System is the most successful tool for improving business process of an organization. Known for it's process approach and customer centric requirement, ISO 9001:2008 has become the most sought after standard by the organizations across industry verticals.

 
Today, when customer is the king, economy is rapidly moving forward, construction industry is showing 20% CAGR and business environment dynamic, any organization in the field of construction needs to have a well defined, robust and results oriented management system to achieve sustainable competitive advantage in the market place.

Traditionally manufacturing and in recent times service industries have achieved remarkable benefits in business processes and performance by adopting a well defined quality management system. The same benefits can be achieved by the construction & real estate development industry if they implement an ISO 9001:2008 quality management system.

 
Thus,
ISO 9001:2008 Quality Management System is the best tool available to increase productivity, streamline operations, increase customer satisfaction and improve profit margins through superior quality of product, process and service.

 
 
A well established ISO 9001:2008 quality management system delivers the following benefits to construction industry. 
  • Consistent and effective control of key processes and project management.
  • Promotion and standardization of good working practices.
  • Provision of a vehicle for training new employees.
  • Effective management of risk and improved crisis management.
  • More effective data analysis, generation of key performance metrics and continual improvement objectives.
  • Greater emphasis on communication, leadership, change management and adequacy of training.
  • A planning and review process which ensures the system in place remains suitable, effective and capable of identifying new opportunities.
  • Effective remote site management, accountability and contractual control.
  • Promoting control of suppliers and subcontractors and the development of effective supply chain management.
  • World-wide recognition and improved market image.
      

     
Tangible of ISO 9001:2008 Quality Management System
In a survey conducted on ISO 9001 certified companies in construction industry, the following interesting results were observed.
  • 30% Reduction in customer complaints
  • 95% improvement in delivery time
  • Reduced defects from 3% to 0.5%
  • 40% reduction in product cycle time.
  • 20% increase in on-time delivery

 

Time required for ISO 9001 certification and cost implication:-
Time required for ISO 9001 quality management consultancy and certification for construction companies varies from 2 months to 6 months depending on size and nature of complexity of an organization.  Ideally speaking, money spent on ISO 9001 quality management system implementation and certification is an investment that pays back very heavily in time to come. Total investment in ISO 9001 consultancy and certification varies from Rs. 15000/- to 2,00,000/- as per size and nature of an organization.
 
  
Vital Consulting can help you implement
ISO 9001 in your organization in the most effective, economical and result oriented manner. With Vital Consulting, your ISO 9001 certification is 100% assured with resultant improvements in your business processes and performance.
We are associated with many certification bodies to select you the best accreditations and economical certification

For more details call us to discuss how we can help you or  visit us at
www.vitalconsulting.co.in or www.vitalgroup.in or mail  at  info@vitalconsulting.co.in or vitalconsultingindia@gmail.com   
 


Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
 
VITAL CONSULTING
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: vitalconsultingindia@gmail.com , info@vitalconsuling.co.in
URL:www.vitalconsulting.co.in , www.vitalgroup.in
Blog :http://vitalconsulting.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting>

Friday, November 4, 2011

75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme


75% Govt. Subsidy on NSIC-CARE Performance and Credit Rating Scheme ( Please Ignore this mail if your unit is not an Registered Small Scale industry)
Dear Sir,

This is further to our  telephonic discussion with our representative.
.

I would also wish to thank you for allowing us to introduce as  business associates of CARE   Limited, a RBI &SEBI  Accredited independent Rating Agency of India.

The recent changes in the industrial climate world over and the liberalization of economic environment in our country have thrown up many opportunities and challenges to the small-scale industries. Therefore, there is a need to create awareness amongst small-scale units about the strength and weakness of their existing operations and to provide them an opportunity to enhance their organization strength.
As a step in this direction, a scheme for rating of small-scale industries has been prepared by involving Industry Associations, Indian Banks' Association and CARE. The scheme has been approved by the Govt. of India and it also has the approval of Indian Banks' Association. The scheme titled 'NSIC-CARE Performance and Credit Rating Scheme is launched by H'ble Finance Minister on 7th April 2005.
NSIC-CARE rating provides an opinion on the company's operating performance and financial strength.
The Ministry of SSI is providing subsidy of 75% of NSIC-CARE rating fees.

Benefits of NSIC-CARE rating:
·        Acceptability with Banks: The Indian Banks Association enhances the acceptability with banks, lenders and financial institutions. This also gives access to quicker and cheaper credit thereby economizing the cost of lending.
·        Confidence among buyers: It shows your operating performance and financial strength, which will infuse confidence among buyers while taking decisions.
·        Creating awareness: It gives you detailed analysis of your units' strengths and weaknesses, which can be used to strengthen your operations and finances also. It provides you with the analysis of owners, promoters, directors of SSI unit, which can be used to develop the skills and getting insight.
·        Evaluating performance: It provides you with the evaluation of your units' as well as yours operational and financial performance. This gives you an insight of your operations and finances, which are unbiased.
·        Risk Management: It provides you the parameters to measure operational, financial, managerial and business risks.
·        Identifying areas of improvement: It helps you in identifying the areas of improvement and put focus on the strengths.

Advantages of rating by CARE:
·        Regulatory Recognition
CARE Ratings are recognized by Government of India and regulatory agencies in India. CARE is registered with the Securities and Exchange Board of India. CARE Ratings are also recognized by RBI, NABARD, NHB and NSIC. RBI has also recognized CARE Ratings as an eligible external credit rating agency for the purpose of Basel II implementation in India 
·        Independent
CARE is an independent rating agency promoted by major banks and financial institutions in India. The three largest shareholders of CARE are IDBI Bank, Canara Bank and State Bank of India.   CARE is the only rating agency in India which operates with an independent rating committee comprising of senior and reputed professionals. 
·        Professional
CARE Ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer. CARE's analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants, chartered financial analysts and financial risk managers.  
·        Experienced
CARE has over a decade of experience in rating various types of instruments. CARE assigned its first rating in November 1993 and upto March 31, 2010, CARE had completed 7654 rating assignments for an aggregate value of about Rs23121 bn. With a large number of qualified and experienced multi-faceted analyst and presence in all major metros of India, CARE has a unique understanding of the local business, cultural and value systems and factors which affect the Indian economy. 
·        Wide Sectoral Coverage
CARE is a full service rating company offering a wide range of rating and grading services which includes rating debt instruments/enterprise ratings of Corporate, Banks, Financial Institutions (FIs), Public Sector Undertakings (PSUs), State Government bodies, Municipal Corporations, Non-banking Finance Companies `(NBFCs), SMEs, Micro finance institutions, Structured finance Securitization transactions. In addition, CARE Ratings undertakes Corporate Governance ratings, Mutual Fund Credit quality ratings, IPO grading, Claims Paying Ability rating of Insurance Companies, Grading of Construction Entities and Issuer ratings. 
·        Market Acceptance
CARE has a significant rating coverage of the Indian Banks and Financial Institutions, who are also amongst the major investors in the Indian bond markets. This, acknowledges the confidence of Indian Institutional Investors in CARE Ratings. CARE ratings are also used by a wide range of investors including Mutual Funds, Insurance companies, Provident funds, Corporate and Retail investors. 
Rating Experience: (As at March 2010)
Total Assignments Completed
7654
Total Instruments Rated
7206
Total Volume of Debt Rated
Rs.23121 bn
Total Issuers Rated
2811



The NSIC-CARE rating fees is as follows:
 

Turnover (Rs Lakh)
Particulars
< 50
50-200
>200
Rating Fees (Rs.)
27000
35000
47000
Service Tax @ 10.3 % (Rs.)
2,781
3,605
4,841
Total Fees (Rs.)
29,781
38,605
51,841
Subsidy from NSIC (Rs.)
22,336
28,954
38,881
Amount payable by SSI (Rs.)
7445
9651
12960
Renewal Fee excluding Service Tax
8100
10500
14100


*SSI unit needs to pay only their share of 25% of total rating fees as given in above table, rest 75% will be paid by NSIC directly to CARE.

Units with green-field projects


Turnover (Rs Lakh)
Particulars
< 50
50-200
>200
Rating Fees (Rs.)
50000
60000
75000
Service Tax @ 10.3 % (Rs.)
5,150
6,180
7,725
Total Fees (Rs.)
55,150
66,180
82,725
Subsidy from NSIC (Rs.)
25,000
25,000
25,000
Amount payable by SSI (Rs.)
30150
41180
57725
Discount 15%
4523
6177
8659
Amount payable by SSI (Rs.)
25628
35003
49066
Renewal Fee excluding Service Tax
15000
18000
22500



Please feel free to ask us for further information.

Yours truly,
For Vital Consulting
(Business Associate of  Care Ratings)

Rakesh Dwivedi

VITAL CERTIFICATIONS AND BENCHMARKINGS


H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: info@vitalvertifications.com
vitalcertifications@gmail.com
vitalconsultingindia@gmail.com ,
Websites : www.vitalcertifications.com,  www.vitalconsulting.co.in

Saturday, September 17, 2011

Enlistment of an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory


Enlistment of an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory.



Dear  Importer,  

This is to bring  into your attention that  Ministry of Finance, India has made it mandatory to an Indian Agent of Foreign  Principals under the ‘CompulsoryEnlistment Scheme’ of the Department of Expenditure of the Ministry of Finance. Vide CIRCULAR NO.12 Dated: 17 September 2009   of DGS&D .  According to the circular , the Enlistment with DGS&D as an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance compulsory. In terms of the Ministry of Finance Department of Expenditure O.M.No.F.23(1- EII (A)/89 dated 31.1.89 followed by their O.A. No.F.23(1)-EII(A) dated 24.11.89 and also in terms DGS&D Manual para 9.8.2(i) , DGS&D has been enlisting Indian Agents of Foreign Principals.

Due to changed economic scenario owing to liberalized economic policy and free importation of goods in the recent past, questions were raised as to whether the scheme was still relevant and whether the objectives set out were met. The matter was therefore referred to Department of Expenditure, Ministry of Finance for a review of scheme. In the meantime, DGS&D continued to  enlist Agents of Foreign Principals  only for such items which fall under the restricted list of Foreign Trade policy vide circular dated 11.2.2004 referred to above under intimation to Department of Expenditure.

Department of Expenditure however, intimated that the Scheme as stipulated in Rule 143 of GFR 2005 has been retained without any change after considering all aspects and requested DGS&D to enlist Indian Agents as per provisions of new GFR.

Accordingly, DGS&D will henceforth enlist Indian Agents of Foreign Principals for all items except for the prohibited items as per the Foreign Trade Policy of Govt. of India. Such enlistment shall however have a provision that onus for verifying the authenticity of agency agreement or the validity of authority to import or compliance
of any statutory requirements of import or the quality of the stores to be supplied rests with the purchasers.


The application form and enlistment certificate have been updated and revised accordingly. For all enlistments in future, only revised forms shall be used (copies enclosed).

  ===============================================================
We Provide Consultancy, Documentation and Liasoning for compulsory Enlistment with DGS&D as an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance.
 We can help you to get you registered with DGS&D for the above compliance.  For more details call us to discuss how we can help you or  visit us at  www.vitalconsulting.co.in

Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
VITAL CERTIFICATIONS AND BENCHMARKINGS
(a division of VITAL CONSULTING) 
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859 
Direct: (M)+(91)-, 97160-41789, 97162-31789
E-mail: vitalcertifications@gmail.com , info@vitalcertifications.com
URL:www.vitalcertifications.com , 
www.vitalconsulting.co.in,vitalconsultingindia@gmail.com
Blog :http://vital-certifications.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting

Wednesday, September 7, 2011

Enlistment of an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory


Enlistment of an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance is mandatory.



Dear  Importer,  

This is to bring  into your attention that  Ministry of Finance, India has made it mandatory to an Indian Agent of Foreign  Principals under the ‘CompulsoryEnlistment Scheme’ of the Department of Expenditure of the Ministry of Finance. Vide CIRCULAR NO.12 Dated: 17 September 2009   of DGS&D .  According to the circular , the Enlistment with DGS&D as an Indian Agent of Foreign  Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance compulsory. In terms of the Ministry of Finance Department of Expenditure O.M.No.F.23(1- EII (A)/89 dated 31.1.89 followed by their O.A. No.F.23(1)-EII(A) dated 24.11.89 and also in terms DGS&D Manual para 9.8.2(i) , DGS&D has been enlisting Indian Agents of Foreign Principals.

Due to changed economic scenario owing to liberalized economic policy and free importation of goods in the recent past, questions were raised as to whether the scheme was still relevant and whether the objectives set out were met. The matter was therefore referred to Department of Expenditure, Ministry of Finance for a review of scheme. In the meantime, DGS&D continued to  enlist Agents of Foreign Principals  only for such items which fall under the restricted list of Foreign Trade policy vide circular dated 11.2.2004 referred to above under intimation to Department of Expenditure.

Department of Expenditure however, intimated that the Scheme as stipulated in Rule 143 of GFR 2005 has been retained without any change after considering all aspects and requested DGS&D to enlist Indian Agents as per provisions of new GFR.

Accordingly, DGS&D will henceforth enlist Indian Agents of Foreign Principals for all items except for the prohibited items as per the Foreign Trade Policy of Govt. of India. Such enlistment shall however have a provision that onus for verifying the authenticity of agency agreement or the validity of authority to import or compliance
of any statutory requirements of import or the quality of the stores to be supplied rests with the purchasers.


The application form and enlistment certificate have been updated and revised accordingly. For all enlistments in future, only revised forms shall be used (copies enclosed).

  ===============================================================
We Provide Consultancy, Documentation and Liasoning for compulsory Enlistment with DGS&D as an Indian Agent of Foreign Principals under the ‘Compulsory Enlistment Scheme’ of the Department of Expenditure of the Ministry of Finance.
 We can help you to get you registered with DGS&D for the above compliance.  For more details call us to discuss how we can help you or  visit us at  www.vitalconsulting.co.in

Sincere Regards,

Rakesh Dwivedi
Head-Strategic Business
VITAL CERTIFICATIONS AND BENCHMARKINGS
(a division of VITAL CONSULTING) 
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859 
Direct: (M)+(91)-, 97160-41789, 97162-31789
E-mail: vitalcertifications@gmail.com , info@vitalcertifications.com
URL:www.vitalcertifications.com , 
www.vitalconsulting.co.in,vitalconsultingindia@gmail.com
Blog :http://vital-certifications.blogspot.com
*Group*: http://groups.google.com/group/msme-consulting<http://groups.google.com/group/msme-consulting

Thursday, July 21, 2011

Vital Certifications and Benchmarkings Services


Vital Certifications and Benchmarkings Services 
The VITAL CERTIFICATIONS AND BENCHMARKINGS SERVICES  is the Certifications and Ratings Facilitation  arm of the Vital Group. It provides frontline assistance, information, and specialized consultancy services  in the international certification  and Rating services to organizations of all nature and size to improve the Credibility, quality and effectiveness of the organization , its System and enhance the productivity  and Credibilit to all Micro, Small and Medium Enterprises   (both potential and established) as well as the public in general.

As the lead consulting firm  engaged  to engage and empower Micro and Small Enterprises and expand  their  trade, the Vital Group  seeks to enable Indian MSMEs  to compete with world-class products and services in the international market.


Our main objective is to help Micro and Small Enterprises (MSMEs) and their  organization improve profitability, Productivity, Credibility  through better utilization of all of their  resources.

Our services
·         Qms certifications
·         Product certifications
·         Ratings & Benchmarks
·         Data, Research & Analytics
·         Consulting


Vital Group

Vital  Group is one of the fastest growing MSME Consulting conglomerates with a strong presence in the MSME sector. The Vital group’s consultancy firms offer a bouquet of services across the MSME  business and industry verticals and in the  domestic  and International markets in Markeitng, Business Representations, Consulting and Public Affairs Management Services, Certifications and Benchmarkings, Research and Data  through the following companies
·    Vital Consulting (www.vitalconsulting.co.in
·    Vital Mercantiles (www.vitalmercantiles.com
·    Vital Resourcium (www.vitalresourcium.com
·    Vital Certifications and Benchmarkings (www.vitalcertifictions.com)

 

VITAL CERTIFICATIONS AND BENCHMARKINGS

VITAL GROUP
H-1/114, Garg Tower, Netaji Subhash Place, Pitam Pura,  New Delhi- 110 034
Office: (L):011-65888706, 97162-57859
Direct: (M)+(91)-97162-31789, 97160-41789
E-mail: INFO@VITALCERTIFICATIONS.COM
url :WWW.VITALCERTIFICATIONS.COM  www.vitalconsulting.co.in ,



ISO CERTIFICATIONS
Quality management System (QMS) certification as per ISO 9001:2008 is an important opportunity that can enable the organization to acquire the label of an enterprise caring for the customer needs and improve their economic performance at the same time. QMS provides an organization a systematic structured documented and effective approach to consistently maintain the product quality meeting customer requirements.


VITAL CERTIFICATIONS AND BENCHMARKINGS SERVICES specialize in the entire range of  Quality management system &  certification  who   can provide you professional & reliable service pecialized in global product & system certifications such as: US FDA compliance, UL mark; European Union & EFTA product safety requirement- CE Marking, ROHS compliance, China Compulsory Certification- CCC Mark, ISO standards, HACCP, OHSAS, C-TPAT, KAIZEN, GMP, EUREPGAP, Six sigma, SA 8000, BSCI, WRAP
. We fully assist companies and organizations that want to achieve compliance or certification to the following standards, and regulations: 

·    ISO 9001:2008 : Quality Management System
·    ISO 14001:2004 Environment Management System
·    OHSAS 18001:2007 Occupational Health & Safety Management System
·    HACCP / ISO 22000:2005 Food Safety Management System
·    ISO 27001:2005 Information Security Management System
·    ISO 13485:2003 Medical Devices - Quality Management System
·    TS 16494 Auto industries
·    AS 9100,
·    ISO 14971, , ISO/TS 16949,    
·    SA 8000Social Accountability, 
·    GMP, and GLP,
·    Trade Mark Registration etc.



Product Certifications    
         
As Industries are widening their range of products, certification to national and international requirements has become necessary. It is the process of certifying that a certain product has passed performance and/or Quality Assurance tests or qualification requirements under given criteria. Certification of products may indicate their established suitability for a specified purpose.

Certifications are collaborative for:

•         CE Certification
•         GOST- R Certification
·     US FDA compliance,
·     UL mark;
·     European Union & EFTA product safety requirement- CE Marking, ROHS compliance,
·     China Compulsory Certification- CCC Mark, ISO standards, HACCP, OHSAS,
·     C-TPAT,
·     KAIZEN,
·     GMP,
·    EUREPGAP, Six sigma, SA 8000, BSCI, WRAP




With Vital Certifications and Benchmarkings Services iso consulting,

1, You concentrate on your bussiness while we create the rich virtual assest for you

2, You don't need to hire expensive professional we are just a call away!

3, Our professional maintain the credibility of your company.
Quality Management System that serves to control quality in the critaical activities of an organization by bringing together resources, equipment, people and procedures.
Quality has a longer history in our lives than both cost and productivity and is the only one of the three that is a common concern of both companies ans costomers.


Benefits of Certifications
         
·    Certification by an accredited independent third party body provides an assurance to customers that the claims that are being made by the customer can be substantiated.
·    The regulations governing an accredited certification body, or Registrar, mean that the certificated customer has been rigorously audited to the standard(s) in question.
·    Furthermore, ongoing audits, on a regular basis, provide further assurance that the customer, not only has a system, but that the system is being maintained.
·    The display of   the  approval by printing a recognized logo on the  letterheads, brochures etc. clearly advertises the credentials of the certified company.
·    Potential purchasers of the customer can review, when selecting suppliers of goods and services.
·    In conclusion, the certifications ensure the credibility, Confidence, Commitment and competitiveness of the organization.
·     

 
  
 

Why us

Covering All Major Quality Management Standards

Customized Training Programs

Efficient Human Resource Management

Adopting Latest Management Techniques

World Class Trained Assessors
 







Credit rating is an estimate of the creditworthiness of an enterprise or a country. It is an opinion made by credit evaluators of a borrower’s potential to repay a debt. Every rating grade comes with its probability of default, which in turn assists investors/lenders to take informed investment decision.

Rating is arrived at after considering various financial, non-financial parameters, past credit history and future outlook.

The Credit rating experience gives SMEs an insight into corporate credit analysis and methodologies for understating fundamentals of credit risk, cash flow modelling, enlarging managerial skills and best practices in doing business. Peer group comparisons help creating standardisation in units of SMEs besides identifying risks for hedge and for grooming strategies, which exist, for exploiting opportunities. Rating pinpoints the overall health of the enterprise and explains exactly how the business will fit in relation to competitors and how to deal with it.



Why   Ratings?
Regulatory Recognition
The Ratings are recognized by Government of India and regulatory agencies in India. The Ratings agencies we represent are registered with the Securities and Exchange Board of India. RBI, NABARD, NHB and NSIC. RBI has also recognized as  eligible external credit rating agencies  for the purpose of Basel II implementation in India

 The various rating agencies we represent  has a significant rating coverage of the Indian Banks , Financial Institutions and havings the confindence of Indian Institutional Investors in   Ratings.  The ratings are also used by a wide range of investors including
Industrial companies, Banks, Non-banking financial companies (NBFCs), Infrastructure entities, Microfinance institutions, Insurance companies, Mutual funds, State governments, Urban local bodies, Corporate and Retail investors,  



Professional
The  Ratings endeavor has been to provide investors and risk managers with independent, authentic and insightful credit opinions based on detailed in-depth research, which encompasses detailed analysis of risks that affect credit quality of an issuer.  The rating  analyst strength consists of large number of well qualified and multi-faceted professionals from diverse backgrounds such as; financial analysts, economists, sector specialists, chartered accountants,
 


We facilitates for   types of ratings including


·         Bank Loan Ratings (Under Basel II - Long-term & Short-term) – Basel II  
·         Facility Ratings
·         Corporate Governance Ratings
·         Small & Medium Enterprises (SME’s) Ratings
·         Grading of the Construction Entities
·         Grading of courses offered by Maritime Training Institutes (MTIs)
·         Rating of Parallel Marketers of LPG and Kerosene
·         SSI Rating
·         Issuer Ratings For State and Local Governments, Corporates, Banks and Financial Institutions
·         Corporate Governance Ratings
·         Real Estate Project Ratings
·         Real Estate Developer Ratings


MSME RATINGS

MICRO, SMALL AND MEDIUM ENTERPRISE RATING  BENEFITS
a.      Assists in risk management by highlighting parameters measuring operational, financial and business risk.
b.      Enhance acceptability with Banks, Financial Institutions and provides access to cheaper and timely credit.
c.       It is a “holistic health check-up of the unit” that establishes credibility, goodwill and assists in dealing with large companies.
d.      Helps in marketing and serves as first point to generate interest among potential partners.

The independent risk evaluation of SMEs by an unbiased third party lends credibility to them and opens doors for them while dealing with MNCs and corporates

The government also favours rated SMEs, restricting certain contracts for such firms. It also operates a performance and credit rating scheme through various credit rating agencies via the National Small Industries Corporation.

 It also provides easier access to other sources of finance such as private equit. Better ratings have helped the SMEs retain customers and suppliers, and negotiate better terms with them

Subsidy to MSME for rating fee :
In order to encourage SMEs to go for credit rating  the NSIC  is providing 75% subsidy on the  ‘Performance and Credit Rating scheme’ , the scheme  in consultation with Indian Banks’ Association (IBA) and Rating Agencies.


Enhanced Acceptability with Banks through Memorandum of Understandings (MOUs)
The Ratings agencies have  entered into the MOUs with the  Banks/Financial Institutions  who  are working closely to popularize third party ratings amongst their existing as well as potential MSME units in the country. Some of these banks are also extending interest rate benefits to better rated SMERA units.

A good rating can help you gain faster and cheaper credit by  a reduction in the loan processing time for your venture. The agencies that provide rating for SMEs have tie-ups with several banks to offer preferential interest rates based on ratings. The banks  may also   approach you   with funds. In many cases, savings from the reduced borrowing cost exceeds the rating fee.
NSIC also gives concession in rate of interest for units rated under the Performance and Credit Rating scheme.        



Associate Rating & Dealer evaluation Services

Expansion is a strategy that takes the business to the next level by funneling increased revenue, presence and people’s participation. Expanding however, is not a trivial business move; it requires partnering with individuals/entities in the markets less known to the management.

In the current economic climate when new Business  Channel Partners cannot be relied upon to deliver sufficient revenues and bottom line profitability an effective business strategy is a vitally important component of Channel Partner, dealer network and manufacturer survival.

Hence, growth in revenues and formation of a stronger brand is directly proportional to the kind of partnerships the business makes. Ascertaining the credibility of prospective partners is a challenging job.

To redeem the businesses from the noncore activity of selecting partners, we offer Associate Rating services. Associate Rating involves a thorough credibility check against the prospective dealers/partners/franchisees of the principal business on the following parameters:

·         Financial Strength
·         Operational Efficiency
·         Lifestyle analysis
·         Reputation in the market

Many manufacturers manage their Business strategy through a 'Dealer Evaluation ' where there are varying levels of participation, manufacturer interest and customer recognition. A successful and sustaining Channel Partner programme will vary depending on the new car brand but it should always be appropriate to total volumes, vehicle values, customer expectations and the national market.

·         Using our Associate Rating tool, which allows us to capture and record vital dealer data, including current performance in comparison to manufacturer standards we can provide any motor manufacturer or importer with a clear view of their dealer network sales potential and training needs.

·         Our Associate Rating tool is bespoke to each country, dealer network or franchise and help to know the following questions  like the the gross profit per unit from retailing Channel Partners,  the average warranty cost ,  average stock turn and comparison  from dealership to dealership and region to region, , the total potential for Channel Partner sales within the whole network,
·          
·         We can provide you with clear and concise answers to these questions and many more to help you appreciate how dealers think, how they operate, the capacity and capabilities that they have, and what they need from you to help them grow profits and margins
                                              

The Vital Factor
·         Facilitating Efficiency in Business...
Our  information on  products, Ratings, and solutions reflect independent, professional and impartial opinions, which assist businesses enhance the quality of their decisions and help  the client  access a broader investor and associate  base and even lesser known companies approach the money and financial institutions.

·         The Research Factor...
We strongly believe that the quality of analytical output is a derivative of an organization’s research capabilities. We have dedicated teams for Monetary, Fiscal, Industry and Sector research, and a panel of Advisors to enhance our in-house capabilities. Our research base enables us to maintain the highest standards of quality and credibility.