Identifying critical barriers in the growth of Indian Micro, Small and Medium Enterprises (MSMEs) Online publication date: Sat, 15-Nov-2014
by Brijesh Singh; Rakesh Narain; R.C. Yadav
International Journal of Business Competition and Growth (IJBCG), Vol. 2, No. 1, 2012
Abstract: Worldwide, Micro, Small and Medium Enterprises (MSMEs) play an important role in national economy by contributing significantly in nation's Gross Domestic Product (GDP), employment generation and exports. Despite this, this sector is plagued with problems which threaten their survival. This paper is based on a survey carried out in 84 Indian MSMEs to investigate the problems faced by them that affect their performance such as Government policies, taxation rules, power availability, training facility and use of Advanced Manufacturing Technologies (AMT) etc. The findings suggest that there exists considerable scope to improve the performance of MSMEs provided they adopt suitable AMT.
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