International Journal of Managment, IT and Engineering
  • Year: 2013
  • Volume: 3
  • Issue: 8

Financial spin out to Micro, Small and Medium Enterprises (MSME) in India a study of Karnataka state MSME's

  • Author:
  • Kartikey Koti, G B Karthikeyan
  • Total Page Count: 18
  • Page Number: 581 to 598

*Research Scholar, Bharathiyar University, Coimbatore, Tamil Nadu

**Faculty, Chikkanna Government Arts College, University of Bharathiar, Tirupur, Tamil Nadu

Online published on 11 November, 2013.

Abstract

Micro, Small & Medium Enterprises constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country.

In recent years the MSME sector has consistently registered higher growth rate compared to the overall industrial sector. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive the recent economic downturn and recession

Keywords

MSME's, SSI's, SME, Problems and challenges of MSME's