A Study on Challenges Faced by MSME Exporters in Coimbatore District

Abstract

The Study undertakes to find out the challenges faced by MSME exporters in Coimbatore district. The Micro, Small, and Medium Enterprises (MSME) sector plays a crucial role in the economic development of Coimbatore, a key industrial hub in Tamil Nadu. However, MSME exporters in the district face multiple challenges that hinder their growth and competitiveness in the global market. This study explores the major obstacles, including financial constraints, logistics and infrastructure issues, regulatory burdens, market access difficulties, technological gaps, currency fluctuations, and global trade challenges. The lack of affordable credit, high transportation costs, complex export procedures, and intense competition create significant barriers for MSME exporters. Additionally, global economic uncertainties and geopolitical factors further impact their operations. To overcome these challenges, MSMEs must adopt modern technologies, leverage government schemes, and explore new markets through trade fairs and export promotion councils. Addressing these issues through policy interventions and industry collaborations will enhance the global competitiveness of Coimbatore’s MSME exporters and contribute to sustainable economic growth.