Small enterprise did you say?

Last Modified: Thu Apr 21 2016 11:51:09 GMT+0530 (India Standard Time)
  • 48 million
    enterprises make up India’s MSME (micro, small and medium enterprises) sector. These small units are considered inefficient compared to their large-scale counterparts.
  • 37.5%
    contribution of these units to India's GDP. They are shackled by regulations, inadequate availability of credit and finance—especially equity capital.
  • 111.4 million
    Number of people these units provides employment to.
  • 40%
    of India's exports is from these units inspite of orthodox marketing and lack of access to global markets and adequate skills. Archaic processes and a reluctance to use information and communications technology further hobble them.