Hotline: 1800 102 2007
X
Search Business Opportunities
2010-05-12

Speculations are rife; Eurozone debt crisis may affect India

The apprehension on the effect that the debt crisis in the Eurozone economies will have on the Indian exports was expressed by Jyotiraditya Scindia, minister of state for commerce and industry, at a

The apprehension on the effect that the debt crisis in the Eurozone economies will have on the Indian exports was expressed by Jyotiraditya Scindia, minister of state for commerce and industry, at a function in the state capital.

If the crisis affects India,  it will put the interests of the MSME exporters in danger .He said that the MSME exporters will be in danger because they trade with the Eurozone economies.

The fear that the debt crisis will spread across the countries cannot be overlooked even if Greece receives a bailout deal worth, € 110 billion from the European Union countries and the International Monetary Fund. The Indian exporters and investors planning to expand their footprints in the Eurozone economy have their fears further raised.

It has been advised by Mr Scindia that the Indian export –oriented enterprises should be prepared to cope with the debt crisis. He added that these units should expand their market base as well as explore possibilities in new regions such as South Africa and Latin America.

Related opportunities
  • After School Activities
    About Us: Funday is ranked the number 1 sports company for..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Imitation/Art/Junk Jewellery
    About Us: Since1998, Mukesh Lakhara has had one aim – to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Juices / Smoothies / Dairy parlors
    About Us: MilkyWay, a venture of Chanda Softy Ice Creams, started..
    Locations looking for expansion Hydrabad
    Establishment year 1994
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 180
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Hydrabad
  • Laundry & Dry Cleaning
    About Us: Established in 2012, Western Dhobi Grandeur is an innovative..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater PUNE 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