Small and medium enterprises in India
List
of Small and Medium Enterprises in India
Our Indian economy has been growing at a faster pace when
we talk about global comparison. The major source behind its success is the
list of Small and Medium Enterprises in India who have increased their business overseas as well.
As per the recent estimates, around $64000 contributors
who worked towards the economic process are the tiny and middle-sized
enterprises, not the massive business homes, helping many industries.
There are different business sectors of SMEs in India. Listing your business in a b2b
business directory increases the online visibility for the people surfing
online for different products and services. These businesses of SMEs open their
doors for the globe.
There is a small list of small and medium enterprises in
India based upon the recognition and rate of growth of companies.
Foods
and Beverages
The foremost trade classified in the category of Small and
Medium Enterprises in India is Food and Beverages.
It has acquired quality in
the last 3-4 years. We should thank the dynamic fashion and feeding habits of
those who have increases its market demand. A growth rate of 7.5 % was observed
between 2009 and 2013 that further resulted in a 330 billion trade by 2013.
IT
Trade
The information technology sector of India was monitored
to extend its growth by 14.1 % from 2009 to 2010. This industry is in most
demand today and most of the people are engaged in this industry for the digital
transformation.
Health
Industry
An enormous difference lies within the tending prices in
India which is playing a vital role in increasing the growth rate of the health
industry in terms of business. One analysis has been performed which shows that
the present 35 billion trade went high above 75 billion in 2012 and 150 billion
greenbacks in 2017.
Textile
Industry
Textile trade of India comes under the b2b sector. The
whole textile exports from India makes a contribution of around 27% of the
overall exchange. The B2B business directory shows that cotton, silk, woollen,
jute, hand-loomed and readymade textiles are the major segments that will show
an exceedingly international Indian trade in the coming years.
Construction
trade
The construction trade accounts for about 11% of India's
total GDP. A businessperson of assorted raw materials all around the globe is
the development trade. The cement trade is the major contributor to this class.
Handicrafts
Indian handicrafts are highly demanding and trending within
foreign markets. The countries like USA, UK and Australia like our Indian
handicrafts and thus ready to pay a high amount for the same. The major
segments of handicrafts are picket handicrafts, handwritten textiles,
jewellery, and crocheted products. They
are trying to bring the exchange of the price of 3 billion dollars for the
Indian economy.
Banking
and Insurance
Credit cards, Investment banking, mortgage and insurance
products are the primary segments that put a major contribution towards
expanding the banking and insurance sector of Republic India. This sector is
considered to be the most important contributors to Small and Medium
Enterprises in India.
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