Challenges faced by the MSME’s sector start up’s

  Dr.Anandhi,  Mr.G.Arunachalam,  Dr.S.Sudali Muthu

MSME is one of the emerging trends of business opportunities which create generation of employment of modern business world. In today's globalized world, entrepreneurship has assumed greater significance in the acceleration of economic growth and provision of economic facilities. Based on the number of MSMEs in the country, it is expected that Villupuram should easily meet its essential needs, notably in the area of employment generation, poverty alleviation, economic and industrial growth. The major advantage of MSMEs is to generate employment potential at low capital cost. In Villupuram, MSMEs play a vital role in the overall industrial economy of country. In recent years particularly after MSME Act 2006 policy, the MSME sector has consistently established the large number of working enterprises and generating more number of direct and indirect employment opportunities in rural and urban areas. Finally, it can be said that there is a long way to go for entrepreneurs and MSMEs in Villupuram and their success is the success of Indian economy.

Keywords- Micro, Small and Medium Enterprises

Unique Identification Number - IJEDR1904049
Page Number(s) - 281-285
Pubished in - Volume 7 | Issue 4 | October 2019
DOI (Digital Object Identifier) -   
Publisher - IJEDR (ISSN - 2321-9939)

  Dr.Anandhi,  Mr.G.Arunachalam,  Dr.S.Sudali Muthu,   "Challenges faced by the MSME’s sector start up’s", International Journal of Engineering Development and Research (IJEDR), ISSN:2321-9939, Volume.7, Issue 4, pp.281-285, October 2019, Available at :http://www.ijedr.org/papers/IJEDR1904049.pdf