International Institute of Information Technology Bangalore

Internship Report IBEXI SOLUTIONS PRIVATE LIMITED

A Internship Report Submitted in Partial Fulfillment for the Award of Post Graduate Diploma in Software Development

By Devashish Biswas (PD2009526)

CERTIFICATE
This is to certify that the internship report titled IDIT by

Software Suite submitted

Devashish Biswas (PD2009526) is a bonafied work carried out under our supervisions at Ibexi Solutions Pvt. Ltd from 4th October to 31st December 2010, in partial fulfillment of the Post Graduate Diploma in Software Development Course of International Institute of Information Technology, Bangalore. His performance & conduct during the project was satisfactory.

Signature: Name of the Supervisor: Subash Bhavnani Date: 31/12/2010 Place: Bangalore

ACKNOWLEDGMENT
We take the opportunity to express my cordial gratitude and deep sense of indebtedness to my guide Subhash Bhavnani for his valuable guidance. I am thankful for his innovative ideas. He had always welcomed my problem and helped to clear my doubt. I will always be grateful to him for providing me moral support and sufficient time.

Devashish PD2009526 )

Biswas

TABLE OF CONTENTS

Sl. No.

Chapter Title Chapter 1: Introduction 1.1 Introduction to currrent scenario in SMEs

Page 1 1 2-5 2 3 3 4

No.

Chapter 2: SMEs in India 2.1 Indian SME Sector: AProfile 2.2 SMEs: Major Industries 2.3 Outlook for SMEs 2.4 Potential ofIndian SMEs to become export competitive 2.5 Micro, Small and Medium Enterprises Development Act, 2006 2.6 SWOT Analysis: SMEs in India

4 5 6-13 6-11 11-13

Chapter 3: Literature Review 3.1 Review of Research Reports 3.2 Review of Recent News

Chapter 4: Research Methodology 4.1 Problem Definition 4.2 Research Objective 4.3 Data Sources 4.4 Research Methods 4.5 Reseach Design

14-15 14 14 14 14 15

4.6 Sample Design

15

Chapter 5: Findings and Discussion 5.1 Findings 5.1.1 Export promotion in India 5.2 Discussion 5.2.1 Developing markets fro SMEs 5.2.1.1 Need for a separate dedicated SME stock exchange 5.2.1.2 International Experience 5.2.1.3 Issues for Consideration 5.2.2 Capital Market access to SME finance 5.2.3 Enhanced Capital Markets for SMEs in India 5.2.4 Equity Market access for SMEs in India 5.2.5 Motivation of the Government policies

16-28 16-19 16-19 20-28 20-22 20

20-21 21-22 22-23 23-26

26-27 28 29-35 29-34 29-30 29-30

Chapter 6: Recommendations and Conclusion 6.1 Recommendations 6.1.1 Lessons from International Success 6.1.1.1 Case: Brazil 6.1.1.1.1 Export promotion finance program 6.1.1.1.2 Technology Support program 6.1.1.1.3 Other Programs 6.1.1.2 Case: Thailand

29

29 29-30 30

6.1.2 Indian SMEs: Strategic thrusts for Future 6.1.2.1 Role of Government 6.1.2.1.1 Creating Business friendly environment for SMEs 6.1.2.1.2 Measures to improve exporting SMEs access to finance 6.1.2.1.3 Measures to create TNCs to create linkages with SMEs 6.1.2.1.4 SME Trade promotion through public-private partnership 6.1.2.2 Role of private sector 6.1.2.2.1 TNCs 6.1.2.2.2 Clusters 6.1.2.2.3 Financial and Nonfinancial business development services (BDS) 6.1.2.2.4 Combination of financial and non-financial support services 6.1.2.3 Role of International community 6.1.2.3.1 TNCs Business Linkages 6.1.2.3.2 National Policy versus International commitments 6.1.2.3.3 SMEs access to finance 6.2 Conclusion

30-34 31-32

31

31

31-32

32 32-33 32 32

32

33 33-34 33

33 33-34 35