slugChanging Shape of Micro, Small and Medium Enterprises
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2014, Vol 2, Issue 1
Abstract
MSMEs play an important role in economic and social development of the country like India. Over the years, the MSMEs has progressed from the manufacturing of simple goods to the manufacturing of goods like microwave, medical equipments etc. and the liberalization lead to the expose of goods to international market. MSMEs are having lots of opportunities if they are utilized properly MSME sector will grow at large pace in near future to come. Despite its contribution in the strengthening of country’s economy there are several issues and challenges which are being faced by MSMEs like lack of finance, credit, infrastructure, skilled manpower etc. FDI and adoption of ERP System has given a new hope to this sector.
Authors and Affiliations
Dr. Meenakshi Gupta, Nivedita
Keywords
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