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Journal consortium www.nairjc.comnairjc.com North Asian International Research Journal of Multidisciplinary
The MSMEs contributes extensively to the country's manufacturing output, employment and exports and is accredited with generating the highest employment growth as well as accounting for a major share of industrial production and exports. MSMEs comprise more than 80 per cent of total enterprises in most of the economies. In recent years, the MSME sector has consistently registered higher growth rate compared with the overall industrial sector in GDP from 16 per cent at present to 25 per cent byfatcat:i34sy7mar5felmn3b7yqpcmsoe