Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday, 1 July 2015

Export Strategy ?


Export  Strategy  ?

News reports are agonizing over the declining figures of exports for the past 6 months - month after month

There is no doubt , among many corrective actions being undertaken by the Central Government , promoting exports from MSME , is one

No need to look far, for a reason for this emphasis

Just look at how much MSME in our neighboring countries are exporting :
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Country         /     No of  MSME     /     Ave Export / year ( $ )
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Singapore     /    9,296                /       6.74    Million

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Malaysia       /    28,840               /       2.05    Million

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S.Korea        /    2.9 million           /       45 , 000

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India            /   30 million        /          4, 000

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Now , even if each of our MSME succeeds in exporting just $ 40,000 worth of exports per year , that would amount to ,

$ 40,000*30 million  !

Currently each MSME ( on an average ) employs 2.5 persons

How many more persons would 30 million MSME need to employ , if each were to raise exports by 10  times ? ( from $ 4000 to $ 40,000 )

It is reported that , even at the current level of operations , India's MSME sector creates 1.3 million jobs every year

For raising (ave) MSME exports by 10 times , would that figure go up to 13 million new jobs / year  ?

Enough to absorb the 12 million persons joining our job market each year ?

It is time for re-thinking our Export Strategy

By emulating smaller neighbors , we could solve two problems at one time !

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hemen   parekh
01  July, 2015
B2BmessageBlaster(dot)com








               



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