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תאריך ההצטרפות: 16 במרץ 2022
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SME Sectors Worldwide

Small to medium sized enterprises (SMEs) are the most collective businesses found transversely most of the world’s economies. Although the definition of what an SME is varies across nations, the most widely used measure is being an independently owned and managed business with fewer than 250 employees, and annual turnover of less than 50 million USD. Such firms comprise around 99% of all businesses in most economies and between half and three quarters of the value added. They also make a significant contribution to employment and are of interest to governments primarily for their potential to create more jobs as like handicraft, small garments or Manufacturer Company.

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ICT

Information and communications technology (ICT) is often used as a long substitute for information technology (IT), but is a more specific term that stresses the role of unified communications and the integration of telecommunications. Investment in this sector is mostly confined to information processing. Recently call centers are new sector of investment. This sector is relatively cheap then other projects and rapidly growing IT workforce. Many Countries government has invested in submarine optical cables and high speed internet connections. However, potential for investment in IT related infrastructure is enormous.

Light Engineering

Due to the shortage of skilled labor and wage hike worldwide, developing countries has a huge potential in this sector as well. According to find test answers online experts foreign investors can take advantage of low cost and easily trainable labor and already established light engineering industry along with its infrastructure to manufacture quality products like machinery parts, bicycle, and small engines etc for export.

Ship Building

It normally takes place in a specialized facility known as a shipyard. Developing and lower economy is emerging as builder of small and medium size ships. With low cost and skilled ship builders and world class ship building companies. South Asia can hope for more investment in this sector.

Textiles and Clothing

This is the fastest growing industry in Asia with readymade garments accounting for more than 75% of total exports. Asian countries is best placed region for textiles and garments for a couple of decades and with an increasing trend in exports to the EU and the USA. According to studydaddy.com government incentives for spinning and weaving include cash subsidy of the fabric cost to exporters sourcing fabrics locally. According to studydaddy.com there is huge export – quality fabric demand supply gap in RMG which is met by imports. Potential for backward linkage is also appealing.

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