Benefits to members

Direct Benefits

  • Discount in Trade Fairs and Seminars organized by LUB Karnataka.
  • Discount offered to LUB Karnataka members for Seminars and Trade Fairs organized by other agencies.
  • Free distribution to all members LUB Karnataka publications.

Indirect Benefits:

  • LUB Karnataka is a powerful and effective advocate. It is a vital source of expert advice and information. It is a forum for the generation of ideas, for exchange of views and for the enlargement of useful business contacts.
  • LUB Karnataka is able to put the views of its SME members directly to Government, and has achieved considerable success in getting the voice heard. LUBK strives effective redresal of problems of member units that are related to central Govt. and PSUs.
  • LUBK gathers and sumarises information on regulations -national and international - and gives pointers to likely changes that will affect members’ business.
  • Market intelligence: LUBK keeps its members informed about new developments in market through circulars, e-mails and meetings.
  • Penal of Consultants on all major issues is there to guide and support the small company on all major issues such as labour, finance, IT, insurance, export etc.
  • LUBK’s presence at highest forums in India related to SMEs ensures your aspirations and concerns are given due reflection in Govt. initiatives:

    a. In India:

    LUBK is regarded as the progressive face of Indian SMEs and is recognized as such by all Ministries and related organizations of the Union Government. Accordingly LUBK is nominated by the Government at :

    • Member of Quasi judicial ‘Advisory Committee’ under MSME Development Act 2006, Ministry of MSME.
       
    • Scores of committees related to MSME in Ministry of Commerce and Industry, DGFT and Export Promotion Councils, Ministry of MSME, Ministry of Labour  among others.
    • LUBK works closely with public SSI promotion institutions of the country as Development Commissioner-MSME, Small Industries Development Bank of India (SIDBI) etc. and have launched several joint initiatives at national level.
    • Further, LUBK is regularly invited to appear before the Department Related Standing Committees of the Parliament on Small Scale Industries, Commerce and Industry etc., to present its views.
    • LUBK also works closely with several State Governments for the development and growth of SMEs and is represented at several boards/ committees in different states.

    b. Abroad :

    •  Organized and sent a delegation of 15 Entrepreneurs on a study tour to Germany. The object of study was "To Improve Resource Efficiency"