Ministry of Micro, Small & Medium Enterprises
Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant
and dynamic sector of the Indian economy over the last six decades. MSMEs not only
play crucial role in providing large employment opportunities at comparatively lower
capital cost than large industries but also help in industrialization of rural &
backward areas, thereby, reducing regional imbalances, assuring more equitable distribution
of national income and wealth.