CRISIL SME tracker: Healthy growth by MSMEs in major industrial sectors


CRISIL has analysed the growth performance of 3,850 micro, small and medium enterprises (MSMEs) rated by it across India from 2010-11 to 2012-13 (financial year April 1 to March 31). The analysis reveals the average sales for each enterprise of these.

CRISIL-rated MSMEs grew to Rs 2,505.30 lakh in 2012-13 from Rs 1,668.80 lakh in 2010-11, at a compound annual growth rate (CAGR) of 22.53 per cent.

The analysis further revealed enterprises in the agro- and food-processing sectors registered an impressive growth of 40 per cent – far outpacing the 22.53 per cent growth rate recorded by CRISIL-rated MSMEs across various sectors in India. The other industrial sectors in the CRISIL sample that recorded high growth are electrical components and equipment (26 per cent), chemicals (23 per cent) and construction (20 per cent), followed by textiles (19 per cent) and auto-ancillary and engineering/capital goods (18 per cent each).
SOURCE: http://www.business-standard.com/
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