Impact of Small and Medium Enterprises (SMEs) on Indian Economy Turnaround Look

By: Publication details: Mumbai Apex Publishing Sep - Dec 2021Description: Vol. 12, Issue 02, Sep- Dec 2021, Pages 85-93Subject(s): In: Asia Pacific Journal of Research in Business ManagementSummary: SMEs being first generation fray of entrepreneurs in our country for setting up the business started facing challenges in mobilizing capital for the business. This challenge is much more severe for start-up businesses. Though the SMEs are found as the back-bone for the stronger Indian economy, alas they are forbidden by many main stream financial systems to nature. the present paper examines that the problems of SMEs in Indian and the impact of SMEs growth on Indian Economy in an analytical way presents a turnaround look for the betterment of SME segment for its further growth in the days to come.
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Article St. Francis Institute of Management and Research Available AR0960

SMEs being first generation fray of entrepreneurs in our country for setting up the business started facing challenges in mobilizing capital for the business. This challenge is much more severe for start-up businesses. Though the SMEs are found as the back-bone for the stronger Indian economy, alas they are forbidden by many main stream financial systems to nature. the present paper examines that the problems of SMEs in Indian and the impact of SMEs growth on Indian Economy in an analytical way presents a turnaround look for the betterment of SME segment for its further growth in the days to come.

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