The rising interest rates from banks have affected the Indian SMEs a lot. The SME sector had to face worries with the substantial increase of interest from 53.60 percent to 60.71 percent after withdrawal of 2% interest subvention from all…
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70% Rise in Private Equity Investments in Indian SMEs in Jan-Feb 2011
Small and Medium enterprises (SMEs) have seen a 70% increase in private equity (PE) investments in January – February 2011. This indicated that the entrepreneurs are interested to open up and increase accessibility to PE funds in India. It was…
Indian MSME Sector Ownership by Religion in 2010-11
The MSME sector represents over 90 percent of enterprises in most of the developing countries. MSME sector in India contributes to over 45% of country’s industrial output and 40% of direct and indirect exports. In terms of employment, it employs…
Indian MSME Sector Ownership by Social Category in 2010-11
MSMEs contribute to about 8% of the GDP of the country, about 45% of manufactured output and about 40% of exports. They are providing employment to about 59 million persons. Of the total, manufacturing enterprises are accounted about 67% and…
Decreased Business Confidence Among SMEs with Rise in RBI Interest Rates – CII
A CII survey reported that the business confidence of the small and medium enterprises (SMEs) in India declined in the April-June quarter of 2011. The reason was found to be the rise in interest rates by the Reserve Bank of…