While demand for the home furnishings segment (SME share is 70-80 per cent of Rs 700 billion) is expected to decline as well, we expect the segment to pick up sooner than garments
3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact
CRISIL's interactions show that most players, even SMEs, have managed to reach students amid the lockdown by switching to online channels.
Construction was gathering pace after a protracted monsoon when the pandemic halted all activity
Retail milk prices rose by 3-4 per cent during April-December 2019
The benefit would be available to MSME loans that were in default but "standard" as on January 1, 2019
An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt
In kharif 2019, sowing was delayed due to late arrival of the south-west monsoon
Over the past three years, the real estate industry has been affected by regulatory changes such as the Goods and Services Tax, Real Estate Regulatory Act, and the thrust on affordable housing
This is mainly due to lower investments in rural roads via the Pradhan Mantri Gram Sadak Yojana (PMGSY) and moderation in awarding by the National Highways Authority of India
Strong demand for formulations and increasing health insurance penetration would also support growth
Small and medium enterprises (SMEs), which account for nearly a third of the industry's revenue, with a varying share in different segments, are expected to be hit hard
The increase in costs is due to a hike in import duty on raw cashew kernels from 45 per cent to 70 per cent, in the Union Budget for 2019-20
SMEs account for bulk of wheat mills in india in value terms
The e-commerce industry is the fastest-growing segment of the courier industry, accounting for 25-30 per cent of its revenues
Among the announcements was a two per cent interest rate subvention on fresh loans for GST-registered MSMEs, which would benefit a fifth of all MSMEs in India
The scheme has helped improve health care penetration in terms of both number of people covered and amount of health care assurance, with nearly 15,224 hospitals empanelled and 26 lakh treatments
The central government raised the MSP from Rs 29 per kg to Rs 31 in February 2019 and sanctioned soft loans of Rs 10,540 crore to help mills repay their cane debt
In this context, CRISIL believes co-working spaces are a flexible and cost-effective solution for MSMEs to have a full-time marketing or customer support/service team closer to their clients
SMEs accounted for nearly a third of the electronics sector revenue pie, with varied share in different segments