Whither Factoring in India ?

• Main Authors: Dr.T.Satyanarayana Char ana Chary, C.Shyam Sunder am Sunder*
• Format: Article
• Language: English
• Published: Srusti Academy of Management 2009-06-01
• Series: Srusti Management Review
• Online Access: http://www.srustimanagementreview.ac.in/paperfile/985340676_Whither%20Factoring%20in%20India-Dr.%20T.%20Satyanarayana%20Chary%20&%20C.%20Shyam%20Sunder-Vol.%20-%202%20%20%20Issue%201%20%20%20January%20%E2%80%93%20June%202009.pdf

Factoring has become wellestablished one in developing countries, par ountries, particularly highl y highly industrialized one. In various Asian countries, the growth of factoring has been dramatic while in Latin America, financial institutions continue to join the industr o join the industry. Similar growth has occurred in Central Europe, the Baltic’s and the Middle East. e East. Today, almost every industr industry can profit from factoring. Textiles and cl es and clothing ar thing are the most popular but manufacturer s of industrial industrial and farm equipment, arm equipment, office equipment, electronics and processed food are increasingly turning to factoring. In fact, it has become a great source of finance for running the business ver y successfully. The present paper ent paper is a modest attempt to discuss the conceptual framework, international and Indian experience of Factoring al oring along with the future of Factoring services in Indi