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Export-oriented MSMEs must be encouraged through fiscal incentives: Expert

Jayarama Emani | The Dollar Business Global value chain linkages, be it nationally or internationally (export route) must be promoted as a policy for promotion of MSMEs through fiscal incentives, said an expert. Talking to The Dollar Business, Tamal Sarkar, Director, Foundation for Micro, Small & Medium Enterprises (MSME) Clusters (FMC) said that export orientation brings in fresh ideas. “In most such cases, the firms get integrated to Global Value Chains and enhance their competitiveness through learning, which otherwise would never be available.” He added, “However, if the non-exporting units are divided into those who are producing for local market as against those who are producing for long term buyers with good market reputation, the gap will be narrower or may ...