Marginal drop in estimates of MSME contribution to Indias exports in FY2013-14
The Dollar Business Bureau The estimated share of MSME (Micro, Small and Medium Enterprises) sector’s contribution in India’s total export for the year 2013-2014 dipped marginally to 42.40% from 43% both for the financial years 2011-12 and 2012-2013. “The estimates were arrived based on the export data maintained by Director General of Commercial Intelligence & Statistics, Ministry of Commerce,” said Giriraj Singh, Minister of State, Micro, Small and Medium Enterprises. The estimated contribution of MSME sector (including service segment) to GDP during 2010-11, 2011-12 & 2012-13 are 36.69%, 37.97% & 37.54% respectively. The estimated contribution of manufacturing MSME output in manufacturing output of the country during 2010-11, 2011-12 & 2012-13 are 38.50%, 37.47 & 37.33% respectively. The total employment in ...
