Development Of Micro, Small And Medium Enterprises In Andhra Pradesh

More about the book

Focusing on the vital role of MSMEs in India's economy, the book highlights their contribution to the manufacturing sector, accounting for 90% of industrial units and 40% of value addition. These enterprises are crucial for job creation and income generation, particularly in the Asian region, and offer a low-barrier entry point for aspiring entrepreneurs. Despite their potential for equitable income distribution and poverty alleviation, various constraints hinder their growth. The development of MSMEs is increasingly recognized as essential for comprehensive economic progress.