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Dun & Bradstreet - Oriental Bank of Commerce SME Cluster Series 2014 : Chennai

 

Chennai MSME Scenario

Micro enterprises accounted for about 76% share in the total MSMEs as of FY11. As shown in the below table, around 36,329 MSE and artisan units in Chennai generated employment for about 146,183 as of FY12.

The following table highlights the sector-wise details about the existing MSE and artisan units in Chennai:

The number of MSME units registered in India between FY07 and FY12 grew at a CAGR of 63.8% to 18,106 units as seen from the below table. Average number of employment generated by a registered MSME unit however declined to three per unit during FY12 as compared to 4.4 and 4.8 during FY11 and FY10 respectively.

The Micro, Small & Medium Enterprises (MSME) Development Institute of Chennai has identified some of the potential businesses in the city for new MSMEs, which are as follows: