Indian SMEs enjoy higher profit margins
30/07/2012
Export-focused small and medium-sized enterprises (SME) in India earn higher operating profit margins (OPMs)
compared with those that sell only to the domestic market, according to business consultancy
group CRISIL.
In all four sectors included in its study (leather, textiles
agricultural and processed foods, and engineering), more SME exporters had OPMs
of more than 10% than their domestic-serving counterparts, most of which have OPMs
below 5%.
In the case of leather, 85% of exporters have OPMs of
more than 5% compared with just 43% for domestic players.
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