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Chennai Cluster: Fostering Growth Opportunities For SMES
1. Positive outlook
What advantages
SMEs derive from
the cluster
Sources of Financial
Access
60%SMEs operating in the cluster are
confident on their business growth prospects
TAX
75% 45% 43% 40% 20%
Public Sector Banks-73%
Govt Bodies -60%
Private Banks-52%
Regional Co-operative banks-35%
NBFCs-15%
Chennai Cluster
Fostering Growth Opportunities For SMEs
Import/
Export
Benefits
Ease
of market
access
Improved
infrastructure
facilities
Less
bureaucratic
barriers
Tax
Benefits
Power2SME Editorial
Source: Dun & Bradstreet India-British Airways SME
Cluster Series 2014 report