The study of India’s growth would be incomplete without the study of its SMEs. Over 90% of the industrial units in India are owned by the SME sector. Its workforce is second only to that of agriculture & it contributes nearly 50% of India’s export.
The success of SMEs is even more astounding given that their access to resources – skilled labour, capital, finance or marketing tools – is limited. Governments in the past, & those in the present are doing their best to remove hurdles in the way of their growth. Much has been done; much more has to be done.
