Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-07-17

Indian SMEs face tough competition from Chinese imports: Kalraj Mishra

India\\\'s small scale industries are facing tough competition from Chinese imports, Parliament was informed today.

India's small scale industries are facing tough competition from Chinese imports, Parliament was informed today.

 

In fact, 68 per cent of the inbound shipments from China comprise of products largely manufactured by Indian SSIs, leading to both countries vying for market space in India.

 

"Strong competition from China faced by Indian small industries is evident in high growth of India's imports from China," Micro, Small & Medium Enterprises (MSME) Minister Kalraj Mishra said in a written reply to the Lok Sabha.

 

As per information compiled from Director General of Commercial Intelligence & Statistics in respect of eight major product groups largely manufactured by the small scale industries (SSIs) in India, imports from China grew at a higher rate than their respective imports from all countries combined during 2010-11 to 2013-14.

 

"As these eight product groups accounted for 68 per cent of India's total imports from China in 2013-14, a significant proportion of Indian SSIs are seen to be facing greater competition from China as compared to the rest of the world," Mishra said.

 

These groups include Electrical & Electronics, Mechanical & Metallurgical and Chemical & Glass & Ceramics.

Related opportunities
  • About Us: KRS Educreations Pvt Ltd brings a pre-school franchise model..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 1000 - 2000 Sq.ft
    Franchise Outlets 50-100
    Franchise Type Unit, Multiunit
    Headquater Ghaziabad Uttar Pardesh
  • Others Food Service
    About Us: Dhaba Cafe is a complete food hub with two..
    Locations looking for expansion Madhya pradesh
    Establishment year 2008
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
  • Quick Service Restaurants
    About Us: The only nationalised Chinese wok Quick Service Restaurant (QSR)..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • SSPJIIMS brings a business opportunity for you in education sector...Join..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets Less than 10
    Franchise Type Unit, Multiunit
    Headquater MUMBAI 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