Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-10-26

‘Set benchmark to provide equal opportunities for SMEs’

TCA Ranganathan, Chairman and Managing Director, Exports and Imports Bank of India (EXIM), called for a re-look into the way industries define small and medium scale (SME) industries.

TCA Ranganathan, Chairman and Managing Director, Exports and Imports Bank of India (EXIM), called for a re-look into the way industries define small and medium scale (SME) industries.

 

Addressing the media in Pune, he said, "There are a lot of discrepancies in the way SMEs are defined across the world. We need to set a benchmark to provide equal opportunities for SMEs across the world. At present, Indian SMEs have to compete with companies in Europe or other countries, which are double their capacity owing to disparity in the definition".

 

Talking about initiatives to help grassroots level craft-based organisations to expand their capacity, he said, "There are a lot such organisations across the country and capacity building is necessary for them. The bank has identified such organisations in Bidar, Karnataka, and North East India," he said.

 

On the need for cluster development among industries, he said Indian companies should know to cooperate and compete with each other. "Our companies should be able to ensure they can bargain and do business as a collective entity," he said.

Related opportunities
  • Gardening services
    About Us: Started in 2013, with a dream to convert concrete..
    Locations looking for expansion Rajasthan
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • About Us: Established in the year 2015, Fugazee is a youth..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Building decoration products
     About Us: We are one of the leading players in the..
    Locations looking for expansion Karnataka
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size
    Space required 360
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Bangalore Karnataka
  • Others Health Care & Fitness
    About Us: Tecfit20, a venture of emtstecfit20 pvt ltd, is the..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 350
    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