Name: Sushil Kumar
Country: India

Year: 2026
Volume: Volume-13, Issue-2, Year-2026 ( july- dec)
Page Number: 134-149
DOI: https://doi.org/10.5281/zenodo.23262083

Micro Small and Medium Enterprises (MSMEs) is major industrial base of Indian economy and provide vibrant growth to all the industrial sectors with dynamic production and exports. MSMEs have contributed a lot in terms of 33% of the manufacturing output, 6% of the country’s GDP, and almost 45% of the exports. Scientific instruments industry is a vital industry for the country. Further, Indian scientific instruments industry also provides technical and industrial inputs for the manufacturing sector as providing inputs or raw material. It also provides help to the economy in earning foreign exchange. This study covers the Ambala cluster of scientific instrument export industry and this cluster has its existence before independence. Ambala scientific instruments cluster has more than 3,000 units of various types are engaged in exports. The Ambala cluster is believed to be the largest in the country for manufacturing scientific instruments and apparatus. Total 150 export firms are studied and multiple regression model is used to evaluate the export performance based on macro factors. The export performance of a firm is significantly depends on the real its exchange rate of host country as compare to the other trading countries in foreign market. The gross domestic product of a country also affects the performance of exports of all the firms. Exports of a firm are also affected by domestic inflation of that country. There is perspective view that foreign direct investment (FDI) promotes exports of host country through various environment issues of investment and capital.

Keyword: Export Performance, Scientific instruments, Foreign Direct Investment, Cluster, Real Exchange Rate.