Processing .....please wait.. 
The article has been forwarded.... 
Ahmedabad, the best Indian city for SME businesses
By SiliconIndia | Wednesday, 01 September 2010, 03:57 Hrs
Bangalore: The growth of any countryÂ’s economy is backed by the strength of small and medium enterprises (SME) in the country. The SME sector contributes atleast eight to nine percent of IndiaÂ’s GDP and employs more than four crore people.
Now the question is which city is the best to start an enterprise? In a recent report by Ernst & Young (E&Y) and Franchise India Ahmedabad is the frontrunner in the list of cities for successfully running small scale businesses. The city has a good scope in the pharmaceutical, leather footwear, textile machinery parts, gems and jewellery health and wellness services. Gujrat is known for being the best state for entrepreneurs and it has seen micro, small and medium enterprises (MSMEs) growing.
Bengaluru, which is the ideal city for B2B services, ranks second in the list. The city is known for supplying hand tools, auto component and hosiery sectors and it ranks second in the list of all cities for electrical goods and apparel manufacturing.
Mumbai, the commercial capital of India ranks third in the list as it serves an ideal environment for machine tools, electronic goods and B2B services.
Hyderabad, which is ideal for information technology-enabled services (ITeS), offshore services, bulk drugs, and leather tanning has been ranked as India's fourth best city to start a business.
New Delhi is rated as the fifth best city to start small business in sectors like rubber, auto components and food processing. It ranks 5th among the best Indian cities to do business in.
Some of the other cities that could find a ranking in the chart are Chennai, Surat, Faridabad, JAipur and Gurgaon.
Now the question is which city is the best to start an enterprise? In a recent report by Ernst & Young (E&Y) and Franchise India Ahmedabad is the frontrunner in the list of cities for successfully running small scale businesses. The city has a good scope in the pharmaceutical, leather footwear, textile machinery parts, gems and jewellery health and wellness services. Gujrat is known for being the best state for entrepreneurs and it has seen micro, small and medium enterprises (MSMEs) growing.
Bengaluru, which is the ideal city for B2B services, ranks second in the list. The city is known for supplying hand tools, auto component and hosiery sectors and it ranks second in the list of all cities for electrical goods and apparel manufacturing.
Mumbai, the commercial capital of India ranks third in the list as it serves an ideal environment for machine tools, electronic goods and B2B services.
Hyderabad, which is ideal for information technology-enabled services (ITeS), offshore services, bulk drugs, and leather tanning has been ranked as India's fourth best city to start a business.
New Delhi is rated as the fifth best city to start small business in sectors like rubber, auto components and food processing. It ranks 5th among the best Indian cities to do business in.
Some of the other cities that could find a ranking in the chart are Chennai, Surat, Faridabad, JAipur and Gurgaon.
Don't Miss ( 1-5 of 20 )
Post your Comment
All form fields are required.
Write your comment now
Beautiful and dress selection, please go to Dresses
Sign Up for DailyDose and Read the Day's Highlights
Email:
 |
SiliconIndia:
About Us |
Contact Us |
Help |
Community rules |
Advertise with us |
Sitemap
News:
Technology |
Enterprise |
Tech Products |
Startups |
Finance |
Business |
Career |
Magazine |
Dailydose |
News archive
Career:
Jobs |
Companies |
Mentorship |
Videos |
Career blogs |
Training Institute |
Freshers
Online courses:
Web developer |
Java developer |
CCNA training |
SEO |
SAS |
SQL server 2005 |
J2EE
Education:
MBA |
MCA |
Engineering |
Overseas Education |
Internship
Life:
Jokes |
Bookstore |
Relocate |
Marketplace
Cities:
Startup |
Real estate |
Finance
Send your and help us continue to improve SiliconIndia
© 2012 SiliconIndia all rights reserved
© 2012 SiliconIndia all rights reserved