SMEs in India: Importance and Contribution
SMEs in India: Importance and Contribution
复制标题
印度中小企业:重要性和贡献
DOI:
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发表时间:
2012
期刊:
影响因子:
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通讯作者:
W. Seaman
中科院分区:
文献类型:
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作者:
W. D. Stiehm;W. Seaman
The Small and Medium enterprises play a vital role in the Indian economic structure due to its significant contribution in terms of output, exports and employment. For a developing nation like India, where the labour is abundant and capital is scarce, the small sector is a major source of employment for millions of people. Keeping in view the importance of SMEs, the Indian government has included this sector in its five-year plans. The SMEs are still hampered by the problems of finance, marketing and low quality. Taking into account the enormous potential of the small sector, the entrepreneurs and the policy-makers must act collectively to facilitate growth in this sector.