Explore the Potential of SME Investments
List of top-ranking SME companies
SMEs play a very important role in the economy of any country, and it is more so in a developing country like India. The function of small and medium enterprises in the economic and social development of the country is well established as it contributes almost 40 per cent of the gross industrial value added to the Indian economy.
SMEs are businesses that maintain revenues, assets or a number of employees below a certain threshold. Though large firms generally tend to outnumber SMEs, these small and mid-sized enterprises play an important role in the economy by employing vast numbers of people across various sectors and helping to shape innovation. Hence, to boost the presence of SMEs, governments regularly tend to offer incentives to keep up with business in normal as well as difficult times.
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