Hotline: 1800 102 2007
Hotline: 1800 102 2007
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
  • Quick Service Restaurants
    About Us: Waffle wallah is an innovative and popular QSR chain,..
    Locations looking for expansion West bengal
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 64
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saltlake West bengal
  • Casual dine Restaurants
    About Us: “PASTOVILLA" aspires to expand its presence in the vegetarian..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Women's clothing
    About: There is no doubt about the fact that India’s gen-next..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • E-Commerce & Related
    MOS Utility Private Limited is offering franchise with high potential..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 10000 - 50 K
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Malad west 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

Free Advice - Ask Our Experts