4 pillars of india
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- 1.04 ALANA SHAH
05 SHARATH BANGERA
32 ANUPAMA JHA
35 SIDDHARTH JOSHI
FOUR PILLARS OF INDIA INC.
2. CONTENTS
SMALL AND MEDIUM ENTERPRISES (SMEs)
FAMILY MANAGED BUSINESS
SMALL SCALE INDUSTRIES (SSIs)
PUBLIC SECTOR UNITS (PSUs)
3. Small And Medium Scale Industries(SME)
4. SMEs
In developing countries SMEs are the backbone of nations
Economy
Significant contribution to GDP (7%)
India has 3Million SMEs
50%Industrial output
42% of Indias Exports
5. SME Definition
Various countries follow different definitions for the SME
sector.
The Indian definition based:
Any Business Enterprise that involves manufacturing,processing and
servicing operations or only trading activities with an annual
turnover (sales/gross income) up to Rs 50crores
6. SME contd..
The Micro, Small and Medium Enterprises Development Act 2006
facilitates by providing:
Promotion and development
Enhancing competitiveness
Act Categorizes SMEs as:
Micro Enterprises
Small Enterprises
Medium Enterprises
7. Type of SMEs
Ganguly Committeerecommended three types of SME for India:
TINY Type :
TurnoverRs 2 crores
Small Type :
Turnover Rs 2 crores to 10 crores
Medium Type :
Turnover Rs 10 crores to 50 crores
8. Importance of SMEs in India
Large scale generation of Wage Employment
Dominant contributor to well being of India
Low financial resources but still a growth driver
Rapid progress and prosperity due to less time for business
setup
Based on 4 Cs
Customer Focus
Cost Control
Cross Sale
Containing Risk
9. contd
10. SMEs in all Sectors
Food Processing
Agricultural Inputs
Chemicals & Pharmaceuticals
Engineering; Electricals; Electronics
Electro-medical equipment
Textiles and Garments
Leather and leather goods
Meat products
Bio-engineering
Sports goods
Plastics products
Computer Software, etc.
11. SMEs in Maharashtra
ELECTRICAL
Filter-On Pvt. Ltd., Pune
Seva Engineering Pvt. Ltd., Pune
ENGINEERING
Atul Electro Formers Pvt. Ltd., Pune
Mahavir Group of Industries, Pune
FOOD PROCESSING
Sairaja Fruit & Food Processing Pvt. Ltd, Phaltan
Gadre Marine Products, Ratnagiri
AditiPectins Private Limited, Islampur, Dist. Sangli
Sushant Bio-Pharmaceuticals Pvt. Ltd., Kolhapur
12. Limitations of SMEs
Low Capital base
Low Technology base
Comparatively lesser quality products
Economic Efficiency limited
Inadequate contribution towards R & D
For India in specific threats from China
Risk aversion in Lending due to high NPA
13. Solutions and Future
Setting up of network of District Industries Centre (DICs)
National Banking and Finance Corporations
To Activate Small Industries Development Bank of Indias
(SIDBIs)
Credit Delivery for SME to be speeded up
14. FAMILY MANAGED BUSINESS
15. INTRODUCTION
A Family-owned business is one that is owned and managed (that is
controlled) by one or more family members.
Family-owned firms are
Organizations where two or more extended family members influence
the directions of the business through the exercise of management
roles or ownership rights.
Over 80% of world business is controlled by families.
Some of the world's largest corporations, from Wal-Mart to News
Corp.to Ford Motor are family businesses.
16. Family-owned businesses continue to form the backbone of the
American economy.
In India too, the highest generator and creator of wealth are
family owned businesses.
Some 35% of Fortune 500 companies are family-controlled.
Family businesses account for 50% of U.S. gross domestic
product.
They generate 60% of the country's employment and 78% of all new
job creation.
17.
- 33% survive to the second generation
18. 15% survive to the third generation
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