A Comparative Study of Micro, Small, and Medium Enterprises (MSMEs) of Top Ten States in India
  • Author(s): D. Rajagopal
  • Paper ID: 1703543
  • Page: 164-169
  • Published Date: 26-06-2022
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 5 Issue 12 June-2022
Abstract

Over the past 50 years, the Micro, Small, and Medium Enterprises (MSME) sector has grown to be a very active and dynamic area of the Indian economy. The Micro, Small & Medium Enterprises (MSMEs) have been contributing a significant portion of the entrepreneurial endeavors through the business innovations. Micro, Small, and Medium Enterprises (MSME) sector has grown to be a very active and dynamic area of the Indian economy. By developing entrepreneurial and creating provides employment opportunities at a relatively low capital cost, second only to agriculture, it significantly contributes to the economic and social development of the nation. MSMEs also play a significant role in creating large number of employment at a lower cost of capital than major enterprises. MSMEs support large businesses as auxiliary units, and this industry significantly contributes to the socioeconomic development of the nation. The present study is based on the distribution of the MSMEs enterprises according to Activity based, Employment type, and gender based. It also studies the Comparative Distribution of Top 10 States in percentage. Majority of the MSMEs are established in rural areas. MSMEs are supporting the large industries. Due to lack of infrastructure, Quality, withdrawal of subsidy and unskilled workforce leads to a great competition from large industries.

Citations

IRE Journals:
D. Rajagopal "A Comparative Study of Micro, Small, and Medium Enterprises (MSMEs) of Top Ten States in India" Iconic Research And Engineering Journals Volume 5 Issue 12 2022 Page 164-169

IEEE:
D. Rajagopal "A Comparative Study of Micro, Small, and Medium Enterprises (MSMEs) of Top Ten States in India" Iconic Research And Engineering Journals, 5(12)