- The MSME sector in India is expected to continue its growth trajectory with a CAGR of 7.5% in FY’2015-FY’2019.
- Future Growth of MSME sector is expected to be led by auto components and plastic manufacturing segments which will grow on account of growth of the regional clusters
Ken Research announced its latest publication on “India Micro, Small and Medium Enterprises Market Outlook to 2018 – Focus on Auto-Components and Plastic Manufacturing Segment” which provides a comprehensive analysis of the auto components and plastics manufacturing by SMEs in India. The report covers various aspects such as market size of SME auto components industry segmentation on the basis of contribution from various types of clusters and supply to various types of market. The SME auto components industry in India has grown at a CAGR of ~% during the FY’2008-FY’2014.
The SME plastics manufacturing in India has witnessed a CAGR of 18.9% during the FY’2008-FY’2014 on account of growth of the regional clusters and the increasing demand from the sectors such as packaging, automobiles and agriculture. Currently plastic industry in India is undergoing a transition phase as it is now being used extensively in the agricultural sector. The plastic manufacturing by SMEs is expected to incline at a CAGR of ~% during FY’2015-FY’2019.
According to the research report, the MSME sector will grow at a considerable CAGR rate thus exceeding INR 30 trillion by FY’2019 due to the increasing investments and favorable government policies for the sector
“While rising disposable income, growing automobile industry and an inclining polymer production will result in increased production of auto components and plastics in India, unavailability of unsecured credit and limited access to equity capital are few of the major constraints which will affect the growth of this industry in the future”, according to the Research Associate, Ken Research.
Key Topics Covered in the Report:
India MSME Sector
– Market Size by production value
– Market Segmentation by
o Industry
Auto Components
– Market Size by output turnover
– Market Segmentation by
o Parts
o Markets Served
o Clusters
– PORTER
– SWOT
– Export and Import
– Growth Drivers
– Growth Constraints
– Future Outlook
– Macro Economic Parameters
Plastic
– Market Size by output turnover
– Market Segmentation by
o Technology
o Clusters
o Regions
o Sector Consumption
– PORTER 5 Forces
– SWOT
– Export and Import Scenario
– Growth Drivers and Constraints
– Future Outlook
– Macro Economic Parameters
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Contact:
Ken Research
Information Department
info@kenresearch.com
+91-11-4701 7199
