1 / 16

11 December 2008 Consulate General of India Hong Kong

11 December 2008 Consulate General of India Hong Kong. MSMEs in India.

maura
Download Presentation

11 December 2008 Consulate General of India Hong Kong

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 11 December 2008 Consulate General of India Hong Kong

  2. MSMEs in India • As elsewhere, MSMEs are accepted as the engine of economic growth and for promoting equitable development. MSMEs are credited with generating highest rates of employment growth and account for a major share of industrial production and exports. • MSMEs have consistently registered higher growth rates compared to the overall industrial sector. • A major advantage of the sector is its employment potential at low capital cost. • Additionally, the sector is labour intensive - estimates are that it is almost 4 times higher than the large enterprises.

  3. MSMEs in India - 2 • Estimated that , in terms of value, MSMEs account for about 39% of the manufacturing output and around 33% of the total export of the country.  • Presently, this sector employs an estimated 31 million persons spread over 12.8 million enterprises. • Accounts for 91% of total Industrial Units • Over 21,400 units are ISO 9000/14001 certified • Wide range of Products - Over 8000

  4. TRENDS IN GROWTH

  5. PRODUCTS OF MSMEs More than 8000 products

  6. MAJOR EXPORT PRODUCTS • Readymade Garments • Chemicals and Pharmaceuticals • Engineering Goods • Processed Foods • Leather Products • Marine Products

  7. MSME AS TOOL OF STATE POLICY • Generation of Employment • Dispersal of Economy • Utilization of Local Skills and Resources • Meeting Demands Locally, as Feasible

  8. 2006 ACT : CLASSIFICATION • Concept of ‘Enterprises’, as against ‘Industries’ • Enterprises are engaged either in MANUFACTURE or SERVICES

  9. PREVIOUS POLICY SUPPORT FOR MSEs • Protection – Hundreds of items reserved for exclusive production • High Tariff Barriers to protect local units • Purchase Preference by Government • Equity / Foreign Investment Restrictions NOW, almost all gone MOVE FROM PROTECTION TO COMPETITION

  10. Collaborative Advantage with Indian SMEs

  11. Collaborative Advantage with Indian SMEs - 2

  12. Collaborative Advantage with Indian SMEs

  13. GENERAL INFRASTRUCTURE SUPPORT • By States • Industrial land, plots, sheds and workplaces • Roads • Power distribution • Institutional buildings • By Federal Government • Communication • Power generation • Funding to States / Private players • Transportation

  14. Thank you for your attention For more information, please contact us Consulate General of India in Hong Kong 16-D, United Centre,95 Queensway,Hong KongTel: +852 28664027Fax: +852 28664124E-mail: commerce1@indianconsulate.org.hkWebsite: www.indianconsulate.org.hk

  15. India- Basic Facts

  16. India and China

More Related