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Prospects for SMEs in India

The story of David and Goliath is all too familiar. What escapes our attention is David’s vision to see possibility where anyone would see hopelessness. For David, Goliath was too big to miss, whereas for everyone else he was too big to hit. The scenario for SME in India is very similar. SME are painfully ignorant of the possibilities that exist for them. Absence of adequate and timely banking finance, limited capital and knowledge, non-availability of suitable technology, low production…

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This is all about YOU

You (Small and Medium Enterprises) play a vital role for the growth of our economy. You contribute 45% of the industrial output. 40% of exports in the country happen because of you. You create one million jobs every year. You produce more than 8000 quality products for the Indian and international markets. You promote capital formation by mobilizing the idle savings of public. You lead to value addition and creation of wealth. You promote balanced regional development by setting up…

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