( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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GROWTH OF MSME SECTORS IN INDIA

    1 Author(s):  P. JUBLIN PRASANNA

Vol -  8, Issue- 12 ,         Page(s) : 178 - 184  (2017 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Micro, small and medium enterprises (MSMEs) are an extremely important segment of the developing economies. They are key contributors to the gross domestic product (GDP), accounting for a significant proportion of exports. MSMEs are significant employment generators after agriculture. As per latest estimates, more than 51 million working enterprises employed over 117 million people and contributed nearly 8% to India’s GDP. Though it contributes more to the growth of economy, the sector has been facing various hurdles in India since long.

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  2. Gangadhar Rao N.(1978); Entrepreneurship Growth of Enterprises in Industrial Estates, Deep and Deep Publications, New Delhi,p.31. 
  3. James J.Berna (1960). Industrial Enterpreneurship in Madras State, Asia publishing House, Mumbai, P.239.

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