The MSMEs (Micro, Small and Medium Enterprises) are backbone to all the countries in the world. In India, MSME sector is a great contributor of manufacturing output, exports and employment. The sector accounts for about 40% on total exports and…
Tag: growth of SMEs
Rising Input Cost and Liquidity Crunch – Hurdles for Growth of SMEs
According to the survey conducted by Indiamart.com (web portal of SMEs), increasing input costs and liquidity crunch are becoming barriers for growth of SMEs, especially for those involved in apparel business. According to the survey, over 50% of the respondents…