Small and Medium Enterprises have been the driving force for the Indian economy for decades. It is assumed to be primary sector which contributes forty-five percent of industrial output and employs around 42 million people in the country, according to SME Chambers of India. Additionally, every year, this sector creates nearly one million jobs and also contributes 40% to India’s export. Micro and SME sector produces nearly eight thousand varieties of products for the markets across the world.
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