Small and Medium Enterprises - Opportunities and challenges
Small businesses are an integral part of the industrial system. They play a critical role in economic development. The ability of small firms to grow depends largely on the economic condition of the country where they operate. SMEs plays a crucial responsibility in boosting the financial expansion in every
countries especially in meeting up with the challenges and demand of the current world’s wide business environment. The study confirms that the significant growth of SMEs which push the Gross Domestic
Product (GDP), employment and exports in Indian economy.
Economic liberalization has becom