Volume : VI, Issue : IX, September - 2017

FINANCE CHALLENGES OF MARINE PRODUCTS EXPORT BUSINESS IN KERALA

Raphel Vallachira, Dr. R. Arunmozhi

Abstract :

 This study titled “FINANCE CHALLENGES OF MARINE PRODUCTS EXPORT BUSINESS IN KERALA”, aims at investigating the financial challenges affecting the performance and growth of marine products export business with special reference to Kerala. A descriptive research was conducted for this purpose. It involved a detailed questionnaire survey consisting of 31 questions on the financial challenges and information on the export unit profile obtained from a sample of 68 export units selected by cluster sampling method. The hypotheses tested for this purpose examine whether the challenges referred above have significant impact on the performance of marine products exporting units in Kerala. The analysis of data also focused on the underlying dimensions in financial challenges using factor analysis, influencing the performance of the marine products exporting units in Kerala. The analysis was also collated with secondary data on the marine products export scenario in India and Kerala to examine the factors affecting deceleration of growth and performance of Marine products export units. The financial challenges were found to have a proven impact on the export unit’s performance. Financial issues pose the greatest challenges with 73.6% impact. It can be seen that Cost of raw material and decreasing trend in product price in international market are the leading factors among the many facets of financial challenges faced by the marine products export firms in Kerala.

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

RAPHEL VALLACHIRA, Dr. R. ARUNMOZHI, FINANCE CHALLENGES OF MARINE PRODUCTS EXPORT BUSINESS IN KERALA, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : VOLUME-6, ISSUE-9, SEPTEMBER-2017

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