Exports rise: SMEs to benefit
Hotline: 1800 102 2007
X
Search Business Opportunities
2010-06-04

Exports rise: SMEs to benefit

Exports to rise

 

The Indian exports have risen by 36.2 per cent to USD 16.8 billion in April 2010, despite the threat of the European debt crisis, thereby, marking a growth in exports for the sixth consecutive month.

 

The Indian exports had dropped by 30 per cent to USD 12.4 billion in April last year causing a lot of trouble for  small exporters in particular .The exports have increased on the back of surging demands for gem and jewelry, textile, in the overseas market.

 

The gem and jewelry and the textile markets are largely dominated by the SMEs and the rise in exports have spelt good news for the sector. But the Eurozone crisis has become a matter of grave worry for these small exporters.

 

Mr.Parekh,Chairman (Eastern Region) of Gem and Jewellery Export Promotion Council said that the crisis could have affected their exports but they had foreseen this possibility long ago and undertook precautionary measures that did not let it affect them as badly as the global meltdown  had. He said that post the recession, he had shifted focus from the key western markets like the US to the Soviet Union, Middle Eastern countries like Uzbekistan, Kazakhstan and some European countries. Gulf countries are lucrative markets and they are hopeful of their exports remaining constant.

 

If the export conditions remain constant then the Indian exports could touch the government predicted target of USD 200 billion in 2010.

Related opportunities
  • Casual dine Restaurants
    About Us: Zaiqa-E-Hyderabad is amongst the new breed of restaurants that..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
  • Men's footwear
    About: Established in 2010, Vision Footcare India Private Limited is promoted..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us  woodee pizza is a revolutionary vision of 2 young..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Competitive Exam Coaching Institute
    About:INTERACTIVE Classroom Teaching: Chanakya IAS Academy serves the society by providing..
    Locations looking for expansion New Delhi
    Establishment year 1993
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 5500 - 8300 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts