Gujarat Mineral to focus on MSME status based customer segmentation

Image
Capital Market
Last Updated : Sep 14 2022 | 7:04 PM IST
Gujarat Mineral Development Corporation announced customer segmentation based on the MSME status of the business units. Earlier segmentation was based on lignite lifting capacity of customers. However, Financial capability will be considered in revised customer segmentation. Udyam Aadhar certificates have been collected from customers for mapping of business units to their respective MSME status.

MSMEs, as ancillary units, are complementary to large industries and this sector contributes enormously to the socio-economic development of the country. New segmentation is in the direction to promote growth and development of Micro, Small and Medium Enterprises(MSMEs) ensuring the existing price range and affording discount to Micro industries for facilitating the growth of the Indian economy.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 14 2022 | 6:36 PM IST

Next Story