Hotline: 1800 102 2007
X
Search Business Opportunities
2011-01-17

India not Britain's favourite

As Small businesses and entrepreneurs are hesitant about expanding to emerging markets like India and would rather look at investing in more developed markets like the US, according to a report

Small businesses and entrepreneurs in Britain are hesitant about expanding to emerging markets like India and would rather look at investing in more developed markets like the US, according to a report compiled by global consulting firm Deloitte. "Less than one percent, out of the 350 companies surveyed, cite India and Brazil as prospects for significant growth, in addition to just 1.5 percent that consider China a prospect for growth," said the report from Deloitte titled Entrepreneurship UK: 2010/11.

"This despite the fact that BRIC (Brazil, Russia, India, China) markets currently represent 70 percent of global growth and are expected to maintain these growth levels for several years," the report said. Over 60 percent of the companies surveyed expected to generate growth through domestic sales this year.

"While businesses may be losing out on opportunities, they could also be seen as controlling their risk at a time when undue risk-taking is generally not welcome. So, while revenues could grow as a result of entering these markets, there is also the possibility that a foray could be expensive and fruitless," said the report.

Related opportunities
  • Juices / Smoothies / Dairy parlors
    About: Chaai Resto” has a team of highly motivated individuals with..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Other Vocational Training
    About Us: The Sunday Science School is a registered institute for..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2009
    Investment size Rs. 2lac - 5lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About: Drifters Café started out of love for travelling. Strive to..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: The American School is a unique research-based endeavour..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi 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