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The Micro, Small and Medium Enterprises (MSMEs) sector constitutes an important segment of the Indian economy in terms of its contribution to the country's industrial production, exports, employment and creation of an entrepreneurial base. MSMEs have the advantages of generating gainful employment with low investment, diversifying the industrial base, reducing regional disparities through dispersal of industries into rural, semi-urban and back...

Small Scale Industry today constitutes a very important segment of the Indian Economy. The development of this sector came about primarily due to the vision of Late Prime Minister Jawaharlal Nehru who sought to the development of core industry and to have a supporting sector in the form of small sector and vibrant sector of the economy. Small Scale Industry today constitutes a very important segment of the Indian Economy. The development of th...