Micro, Small and Medium Enterprises in India
India Science and Technology, NISTADS (CSIR), 2008
Posted: 12 Sep 2009 Last revised: 26 Apr 2015
Date Written: September 11, 2009
Abstract
The Micro, Small and Medium Enterprises (MSMEs) segment of the Indian economy is vast, with largest number of enterprises, very large numbers employed, highly dynamic in terms of the entry of new entrepreneurs and the exit of a huge number of enterprises annually. Data from the Fourth Census is yet to be available. By 2001 this segment of Indian economy had employed 24.932 million persons in 10.521 million enterprises of which 5.808 million were rural and the rest urban, and mostly in non-metropolitan towns/peri-urban areas; and manufacturing sectors of the MSME enterprises were close to 40% of the total and the repairing and maintenance sector enterprises constituting another 16% with total MSME gross output for 2001-02 at Rs. 2,822 billion and export at Rs. 141.79 billion.
Keywords: MSME, Innovation, State of Affairs
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