AHMEDABAD: The quintessential Gujarati surnames of Patel and Shah rule Gujarat’s Micro, Small and Medium Enterprises (MSMEs), unearths a study by way of Takashi Shinoda, professor of economics with Japan’s Daito Bunka University. Patel and Shah surnames jointly command possession of 16% of the Rs 90,000 crore sector. The study additionally unearths that aside from Patidars and Banias, communities like OBCs, STs and Brahmins have made forays.
Shinoda collated data of 3.five lakh MSMEs registered with the Gujarat executive between 2006 and 2015 and analyzed possession patterns to grasp correlation between entrepreneurship and communities among other elements. The professor, who has studied Gujarat’s economic system since previous 3 many years now, labeled not unusual surnames related to particular communities for analysis.
“Analysis of MSME sector between 2006 and 2015 indicates marketers with not unusual Patidar and Bania surnames command best 30% possession of MSMEs in Gujarat. The choice of owners with not unusual Brahmin, Kshatriya, Muslim, Tribal and OBC surnames have higher over those 9 years,” he stated. He says enlargement of non-Patidar and Bania communities, then again, is reported essentially in micro enterprises phase which is not capital-intensive.
“Average investment in those sectors is Rs 26 lakh – best of Rs 32.6 lakh by way of Patidars followed by way of Rs 31.nine lakh every by way of Banias and other upper castes known. Tribals have reasonable investment of Rs 2.7 lakh,” he provides “MSMEs are now not restricted to anybody explicit group with marketers from throughout sections of society foraying into the business,” stated Shailesh Patwari, president, Gujarat Chamber of Commerce and Industry. He added the trend can also be attributed to elements like training and awareness about the industry as well as executive schemes.
Shinoda collated data of 3.five lakh MSMEs registered with the Gujarat executive between 2006 and 2015 and analyzed possession patterns to grasp correlation between entrepreneurship and communities among other elements. The professor, who has studied Gujarat’s economic system since previous 3 many years now, labeled not unusual surnames related to particular communities for analysis.
“Analysis of MSME sector between 2006 and 2015 indicates marketers with not unusual Patidar and Bania surnames command best 30% possession of MSMEs in Gujarat. The choice of owners with not unusual Brahmin, Kshatriya, Muslim, Tribal and OBC surnames have higher over those 9 years,” he stated. He says enlargement of non-Patidar and Bania communities, then again, is reported essentially in micro enterprises phase which is not capital-intensive.
“Average investment in those sectors is Rs 26 lakh – best of Rs 32.6 lakh by way of Patidars followed by way of Rs 31.nine lakh every by way of Banias and other upper castes known. Tribals have reasonable investment of Rs 2.7 lakh,” he provides “MSMEs are now not restricted to anybody explicit group with marketers from throughout sections of society foraying into the business,” stated Shailesh Patwari, president, Gujarat Chamber of Commerce and Industry. He added the trend can also be attributed to elements like training and awareness about the industry as well as executive schemes.
Patel, Shah kings of Gujarat’s MSME sector
![Patel, Shah kings of Gujarat’s MSME sector]()
Reviewed by Kailash
on
March 22, 2018
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