Analyzing the potential market for MSMEs in India

نویسندگان

چکیده

This paper summarizes the arguments and counterarguments within scientific discussion on identifying potential markets for Micro Small Medium Enterprises (MSMEs). The main purpose of research is to present commodities destinations that Indian MSMEs can tap broaden their business eventually overall growth country. Systematization literary sources as a part study indicates have made significant contribution country’s GDP trade. A survey approaches solving objective reveals trade indices CGE models are most appropriate when it comes policy analysis. relevance this problem decision MSME’s contribute more than 30% India’s enhancing MSME exports would help country achieve an inclusive, socio-economic growth. Investigation topic in carried out following logical sequence: We first analyze then move ahead promising markets. To perform quantitative analysis, we use estimations from Computable General Equilibrium -GTAP (Global Trade Analysis Project) model. commodities, Product Space with three indicators, namely, Revealed Comparative Advantage (RCA), (RTA), Market Demand Index. markets, Export indicator GTAP estimates years 2022-27. object empower India insights data about export India. shows higher textiles clothing, food products, vegetables, other agricultural machinery electrical equipment sectors. In terms our analysis broad scope UAE, China, Bangladesh, USA.

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ژورنال

عنوان ژورنال: Socioeconomic challenges

سال: 2023

ISSN: ['2520-6621', '2520-6214']

DOI: https://doi.org/10.21272/sec.7(1).97-114.2023