Assistant Professor (Commerce), KVA DAV College for Women, Karnal, Haryana, India E-mail: kckamleshchauhan@gmail.com
Online published on 6 October, 2018.
Small and Medium Enterprises play a vital role for the growth of Indian economy. The Sector consisting of 51 million units, as of today, provides employment to over 117 million persons. The share of Micro, Small & Medium Enterprise (MSME) products in the exports from the country reaches 49.86 percent in the FY 201516. This research analyses the growth and performance of MSMEs in India from 1995 to 2015 using Growth Rate, CAGR and t-test statistics.
MSMEs, CAGR, Economic Development, GDP, Indian Economy
