1Assistant Professor, Pyramid College of Business and Technology, Phagwara-144401, Punjab, India
2Assistant Professor, Department of Commerce, Delhi School of Economics, University of Delhi, Delhi-110007, India
3Professor (Reappointed), University Business School, Guru Nanak Dev University, Amritsar-143005, Punjab, India
*Corresponding author email id: jagdishsaini001@gmail.com
Online Published on 18 July, 2023.
Micro, small and medium enterprises (MSMEs) are considered as the main drivers of any economy and their importance increase tremendously if the economy in question is one of the developing countries. But it is equally true that the MSMEs face unique and monumental challenges. The present study explores the underlying problems related to the MSMEs operating in the regions having geographical or other constraining factor. Therefore, the focus of this study is to identify the problems of MSMEs in the hilly state of a geographically diversified country, that is, Himachal Pradesh in India. The study is based on primary data collected with the help of a structured research schedule. Six problems are identified of which three are of high importance, whereas the remaining do not significantly affect MSMEs.
MSMEs, Problems of MSMEs, Challenges of MSMEs, MSMEs in India, MSME entrepreneurs
