Domestic Competition

• Main competition for Ferro industries were Divine Machine Pvt. Ltd.
• The company specialized in manufacturing coil-processing lines, including
cut-to-length lines, slitting lines and roll-forming lines
• These products were exported to countries such as Scotland, Mauritius,
Turkey, Italy, Saudi Arabia, Abu Dhabi, Bahrain, Sudan, Nigeria and Nepal
• Divine Machine was successful in acquiring global reputation for the business
• Divine Machine were able to delver products at a better price than it’s
competitors
 Small and Medium Enterprise in China

• In 2006, there were 42 million SMEs in China

• China, SMEs had significant potential in terms of creating
employment opportunities.
• Chinese SME had easy access to low labor costs and women
workforce
• Government in china have been maximizing advantages in labor
resource
Challenges with SME’s in China

• SME’s in China were facing a major issue of inadequate credit System

• Chinese SME had issue meeting high requirements of State owned
banks
• There were some structural limitations in borrowing from rural and
urban cooperatives
• There was no set motivation for SME’s in china to build a credit relation
• China revealed that SMEs were facing important credit constraints and
had very limited access to private finances as compared to other Asian
countries