What does BICP mean in BUREAUS
The Bureau of Industrial Costs and Pricing (BICP) is an agency of the Indian Government established in 1965. Its main objective is to provide market intelligence, price regulation, production planning and industrial policy studies for the Ministry of Industry and Trade. The BICP also provides assistance to industry participants in the areas of cost determination, production efficiency and product costing.
BICP meaning in Bureaus in Governmental
BICP mostly used in an acronym Bureaus in Category Governmental that means Bureau of Industrial Costs and Pricing
Shorthand: BICP,
Full Form: Bureau of Industrial Costs and Pricing
For more information of "Bureau of Industrial Costs and Pricing", see the section below.
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Essential Questions and Answers on Bureau of Industrial Costs and Pricing in "GOVERNMENTAL»BUREAUS"
What is the Bureau of Industrial Costs and Pricing?
The Bureau of Industrial Costs and Pricing (BICP) is an agency of the Indian Government established in 1965. It's primary purpose is to provide market intelligence, price regulation, production planning and industrial policy studies for the Ministry of Industry and Trade.
What are some of the services provided by BICP?
The BICP provides assistance to industry participants in the areas of cost determination, production efficiency, product costing as well as other research support services.
How long has the BICP been operational?
The Bureau has been operational since 1965.
What ministry does BICP work with?
The BICP works with the Ministry of Industry and Trade in India.
What are some research services offered by BICP?
Some research services include competitive analysis, supply chain analysis and market trends analysis reports which can be used for decision making purposes by industry participants.
Final Words:
The Bureau of Industrial Costs and Pricing (BICP) plays an important role in helping industry participants make informed business decisions through its comprehensive range of services such as cost determinations, market trend realities, competitive economics related advice/data etc. It has been instrumental in boosting Indian Industry's growth over a period by providing such essential data & insights in timely manner.
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