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Focus on Auto-Components and Plastic Manufacturing Segment” provides a comprehensive analysis of the market size of the India MSME Sector on the basis of its segments which includes auto components and plastic manufacturing. The report entails market size and segmentations of SME auto components and SME plastic industry. The future analysis and segmentation by various clusters and by contribution of different sectors have also been discussed. The report also provides the major growth drivers and growth constraints of SMEs in India, observed over the last few years. Future outlook of this market in the country has been provided on the basis of output turnover and its dependence on the macroeconomic factors.

The MSME sector has been the mainstay of the Indian economy by providing the second largest share of employment to Indian population after agriculture. MSMEs have reduced regional imbalances by helping the industrialization of rural and backward areas. Setting up MSMEs in rural areas has helped in equitable distribution of wealth and income which has resulted in parity between urban and rural population in India. The MSME sector market size has been defined on the basis of production value of all the MSMEs in India during FY’2008-FY’2014.

The auto components industry has been one of the fastest growing segments in India’s manufacturing sector. The growth has been stimulated by the large number of SMEs operating in the auto components industry across India. The SMEs operate in various clusters which have been formed as a result of policy support provided by the government. The existence of policy support has not precisely translated into infrastructural support as SMEs have been facing numerous problems related to infrastructure, machinery, road network and electricity. The inefficient implementation of government policies has resulted in industry registering a low CAGR of ~% during FY’2008-FY’2014.

Plastic: Update and New Developments in the Plastic Industry

We’ve come a long way from the black Bakelite phones and radio cases. In fact, your new coffee cup may actually be made from corn-based plastics. While the origins of man-made polymers can be traced to the nineteenth century, the development of novel plastic materials and break-through applications continue at …

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PLASTIC SECTOR SMES ARE DEVELOPING COMPETITIVE STRATEGIES

The growing demand for plastic in various sectors has caused the Plastic market to grow phenomenally. Be it transportation, packaging, building materials or other markets, the demand for plastic is prevalent in all of them. The growing demand is making way for innovative processes & approaches on the plastic industry. …

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GROWTH DRIVERS FOR INDIAN PLASTIC INDUSTRY

India’s booming progress in various fields has given a kick start to the growth spree of the Indian Polymer Industry.  These have laid down a positive path for the polymer growth story in the country. The Development in the Indian Polymer Packaging Products has brought in the revolution with more …

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