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humy9rad6te · Wysłany: Śro 5:40, 30 Mar 2011

ia has got tremendous scope for investors and entrepreneurs as far as business opportunities are concerned. Especially India has always been in the limelight in terms SME business. By SME business nike air max 95, we mean small and medium enterprises that maintain revenues or a number of employees below a certain standard. Every country has its own definition of what is considered as a small and medium-sized enterprise. In India, an industrial undertaking that has investments in fixed assets which do not exceed more than Rs.10 million falls under the category of small business. A small-sized enterprise is a company with less than 50 employees while a medium-sized enterprise is one with fewer than 250 employees.
The SME business opportunity in India can be seen in possibly every sector - financial services, telecom, education, automobiles, media, food, real estate and so on. This makes India a hub for best small business opportunity in various segments. Thus nike air max ltd, one who wishes to explore the business opportunity in India must have a look at the SME and retail business ideas to get an idea about the business scenario in India.
SME and Indian Economy
Small and medium sized enterprises play a central role in the Indian economy. They are a major source of entrepreneurial skills, innovation and employment. SME businesses are the biggest contributor to the economy of any country and the same goes with Indian economy. In fact, SME is one of the most crucial sectors of Indian economy as far as the number of employments generated from this segment. As more than 65% of Indian population lives in rural and semi rural areas, small business becomes a major source of income for many residing in these areas. After agriculture, small business in India is the second largest employer of human resources.
New opportunities in SME business
The SME business market of India is large and bubbling with newer opportunities. Increased purchasing power and consumerism is what drives the business scenario in India. Thus petitive advantage that can benefit investors and entrepreneurs to a large extent. An investment in any best small business opportunity promises lucrative returns and success in less time.
Reasons behind growth in SME business
There are various reasons due to which the small scale business in India has witnessed a spurt of growth. Some of these factors are:
High contribution to domestic production
Low investment requirements
Significant export earnings
Capacities to develop appropriate indigenous technology
Operational flexibility
Contribution towards defense production
Technology - oriented industries
Import substitution
Location wise mobility
Low intensive imports
Competitiveness in the domestic market
Competitiveness in the export markets
The India small business opportunity is getting quite exciting and innovative with the passing of every year. There are a lot of retail business ideas for entrepreneurs who are interested to set up a SME business in India. However, investors planning to invest in this sector must ensure that they make a wide choice and use the resources available in the right way to reap the benefits.