No decline in MSME exports in FY 2011-12: Muniyappa

New Delhi, Apr 27 (KNN) The total exports from Micro, Small and Medium Enterprises (MSME) sector rose to  USD 131 Billion in Financial Year (FY) 2011-12 from USD 111 Billion in the previous year.
 
In 2009-10 the MSME exports were at USD 82.5 Billion. The main markets of 20 most exported MSME product groups, which constituted   more than 90 per cent of MSME exports during 2009-12 included USA, European Union (EU), UAE, Turkey, Singapore, Hong Kong, Israel and Saudi Arabia, MSME Minister K H Muniyappa said.
 
“The exports of 20 most exported MSME product groups did not decline during 2009-10 to 2011-12,” he said in Parliament earlier this week.  
 
While the Minister gave the figures relating to 2011-12, exports of interests to MSMEs dropped in the FY 201213 in line with the general trend. (KNN)