Title: Identifying critical barriers in the growth of Indian Micro, Small and Medium Enterprises (MSMEs)
Authors: Brijesh Singh; Rakesh Narain; R.C. Yadav
Addresses: Aryabhatt College of Engineering and Technology, Baghpat 250 601, UP, India. ' Mechanical Engineering Department, Motilal Nehru National Institute of Technology, Allahabad 211 004, UP, India. ' Mechanical Engineering Department, Motilal Nehru National Institute of Technology, Allahabad 211 004, UP, India
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.
Keywords: MSMEs; small and medium-sized enterprises; micro-sized enterprises; environmental pollution; threats; critical barriers; India; national economies; gross domestic product; GDP; employment generation; exports; government policies; taxation rules; taxes; power supplies; training facilities; advanced manufacturing technologies; business performance; business competition; business growth.
International Journal of Business Competition and Growth, 2012 Vol.2 No.1, pp.84 - 105
Received: 08 May 2021
Accepted: 12 May 2021
Published online: 01 Dec 2011 *