Friday, Mar 29 2024 | Time 05:21 Hrs(IST)
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Developing India Mirror


M.S.M.E. – dynamism personified!

[GOA]
M.S.M.E. – dynamism personified!

 


Over the past few decades, the Micro, Small and Medium Enterprises sector emerged as a highly vibrant and dynamic part of the Indian economy. It has been not only providing prodigious employment opportunities at comparatively lower capital cost than major industries but also aiding in industrialisation of rural and backward areas. Despite possessing potential to play a vital role in the socioeconomic sphere, it was initially not given its due. However, things seem to be changing and the sector appears to be moving in the right direction.


National Board of M.S.M.E. Member and National Council of Small and Medium Enterprises office-bearer Manguirish Pai Raikar writes for ‘Developing India Mirror’ on the sector’s challenges and future.

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