Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2010-01-05

Growth in export from MSME expected: CII

Despite the rising cost of raw materials, difficult global markets and stiff international competition exports from the micro, small and medium (MSME) sector is expected to rise during the remaining m

Despite the rising cost of raw materials, difficult global markets and stiff international competition exports from the micro, small and medium (MSME) sector is expected to rise during the remaining months of the fiscal 2009-10, according to CII's (Confederation of Indian Industry) MSME Outlook Survey.

 

The survey registered an increase in the volume of export of 42 per cent respondents, while 9 per cent said there was no change and another 49 per cent revealed decline.

 

Regarding the volume of export over the next six months of the fiscal, 50 per cent respondents expect to see an increase in their export volumes, 15 per cent expect no change while 35 per cent expect a decline.

 

According to CII, hurdles in export growth over the next six months for the MSMEs could be the rising cost of raw material, international competition, price competitiveness and the delays in payments.

 

Europe, North America, South East Asia, Middle East Asia and Far East Asia are the best markets for the domestic MSMEs and the major growth is expected in the European and North American markets.

 

They survey also found that 40 per cent of the respondents had not availed of the benefit of the interest rate subvention, as proposed by Reserve Bank of India in the economic stimulus package for the SMEs. However, 36 per cent had availed of the benefits, while 24 per cent were not even aware of it.

Related opportunities
  • About:Social drinking is a norm in today’s world and keeps..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Extra Curriculum Activities
    India Education Market is one of the largest in the..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bangalore Urban District Karnataka
  • Mahindra First Choice Wheels Ltd (MFCWL) is a part of..
    Locations looking for expansion Maharashtra
    Establishment year 1999
    Franchising Launch Date 2003
    Investment size Rs. 30lac - 50lac
    Space required 1500 sq.ft. of built-up area for office
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Quick Service Restaurants
    WE ARE LOOKING FOR FRANCHISEES ONLY IN MUMBAI.If there is..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200 - 400 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
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