The contribution and potential of the MSME sector is growing rapidly in India. MSMEs are the 2nd largest contributors to country’s economy. They can be considered as backbone to Indian economy, as they contribute to 45% of Industrial output and…
Tag: Ownership
Indian MSME Sector Ownership by Religion in 2010-11
The MSME sector represents over 90 percent of enterprises in most of the developing countries. MSME sector in India contributes to over 45% of country’s industrial output and 40% of direct and indirect exports. In terms of employment, it employs…
Indian MSME Sector Ownership by Social Category in 2010-11
MSMEs contribute to about 8% of the GDP of the country, about 45% of manufactured output and about 40% of exports. They are providing employment to about 59 million persons. Of the total, manufacturing enterprises are accounted about 67% and…