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Indian SME's set to grow

A major chunk of small and medium sized businesses in India are expected to hike their business investments in the first half of 2010.

That's according to a study by HSBC which says that nearly 50 per cent of the small and medium enterprises which were asked said they were more confident to invest in business as growth prospects have returned and would increase capital expenditure.

HSBC India's head of SME business Dheeraj Dikshit said "Indian SME's have once again emerged among the top reiterating the fact the fact that India stands tall amongst it's counterparts in the West and also in Asia".

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