Hotline: 1800 102 2007
Hotline: 1800 102 2007
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
  • AIITA - Pioneer in IT Education & Training brings you..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2007
    Franchising Launch Date 2007
    Investment size Rs. 10000 - 50 K
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya Pradesh
  • About Us: English Pillars Edu Comp is a registered ISO certified..
    Locations looking for expansion Punjab
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amritsar Punjab
  • Juices / Smoothies / Dairy parlors
    About Us: Crazy Crush is the fastest growing Juice Bar Brand..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Start your own Big Mart World franchise business and be..
    Locations looking for expansion Haryana
    Establishment year 2007
    Franchising Launch Date 2013
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon Haryana
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