000			01964nam a22001697a 4500
999			_c25528 _d25528
020			_a9788177084535
082			_a338.6420954 _bMIC-
245			_aMicro, Small and Medium Enterprises (MSMEs) _b; in Emerging India
260			_a New Delhi _bNew Century Publications _c2017
300			_axii, 211p.
504			_aInclude Index
520			_aMicro, small, and medium enterprises (MSMEs) are the backbone of India's industrial economy. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital cost than large industries, but also help in industrialization of rural and backward areas, thereby reducing regional imbalances and assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and contribute enormously to the socio-economic development of the country. The sector contributes significantly to manufacturing output, employment, and exports. But MSMEs also face a number of problems which have resulted in hampered growth. Inadequate working capital, lack of information to access domestic and international markets, shortage of trained personnel, and obsolete technology are the major barriers to the growth of MSMEs in India. In the post-WTO agenda, domestic markets have been opened up for imports, creating severe competition for the local industries. At the same time, it has created opportunities for small industries to tap global markets. The book analyzes how the growth of the MSMEs sector must be a central focus of India's manufacturing strategy. The present volume contains 13 scholarly papers, authored by experts in the field, which provide an analytical account of the functioning of MSMEs in India. [Subject: Business & Economics, India Studies, Trade
650			_aEconomic Development _vBusiness Enterprise _vProduction _zIndia
700			_aChinara, Mitali
700			_aRout, Himanshu Sekhar
942			_2ddc _cBK