What is your understanding of the MSME market in india

Question

Accepted Answer

MSME market in India refers to micro, small and medium enterprises that play a crucial role in the country's economy.

MSMEs contribute significantly to employment generation and GDP growth in India
They are classified based on their investment in plant and machinery or equipment
MSMEs face challenges such as lack of access to finance, technology, and skilled labor
Government initiatives such as the 'Make in India' campaign and various schemes aim to support MSMEs
Examples of MSMEs include small-scale industries, handicrafts, and agro-based industries

Accepted Answer

msme is the good initiative by the individual and this boosts More employments in india as per as concen make in India by Indian Government and MSME'S is playing great role between Indian job seekers
Many small Business are suffering due to lack of investment and technology so Government should come forward and support them by MSME scheme . And it has a great future further.

What is your understanding of the MSME market in india

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