The Planning Commission of the government of India recently released a preliminary approach paper regarding its 12th five-year plan (2012-2017) [1]. One of the focuses of the plan is to promote equity investment in SMEs by constituting a working group devoted to the concept. During the first two months of 2011, the total level of private equity funding invested in Indian small and medium-sized enterprises (SMEs) reportedly rose by 70 percent to USD 664 million [2]. It has been observed that private equity funding is focused on high growth industries such as technology and renewable energy, as opposed to conservative industries such as healthcare, pharmaceuticals and agriculture. The Indian SME sector contributes an estimated 40 percent of India’s exports and employs approximately 60 million people.
By Amira Berrada, Research Associate
Sources and Resources:
[1] http://planningcommission.nic.in/plans/planrel/index.php?state=planbody.htm
[2] http://news.radio-electronics.co/markets/private-equity-funding-opportun…
MicroCapital.org article, March 1, 2012, “MICROCAPITAL BRIEF: Mobile Transactions International of Zambia Receives $3.2m in Equity Investment from Omidyar Network, ACCION” https://www.microcapital.org/microcapital-brief-mobile-transactions-international-of-zambia-receives-3-2m-equity-investment-from-omidyar-network-accion/
MicroCapital.org article, January 30, 2012, “MICROCAPITAL BRIEF: Oxfam International, Symbiotics Launch Small Enterprise Impact Investment Fund for Asia, Africa” https://www.microcapital.org/microcapital-brief-oxfam-international-symbiotics-launch-small-enterprise-impact-investment-fund-for-asia-africa/
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