Indian SMEs Moving Fast in UAE
The Indian FMCG industry is one of the key growth drivers of the economy. Dominated by SMEs, mostly in tier II and III cities, the sector is currently estimated at around $17.42 billion.
Significantly, the segment has grown at a time when nearly all other sectors are bleeding due to the ongoing economic turmoil. Motivated by the robust growth and increasing demand, Indian SMEs in the FMCG sector are eyeing foreign markets to expand their footprint.