INNOVISION Journal of Management Research

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Worldwide, Micro, Small and Medium Enterprises (MSMEs) are playing a key fundamental role
in propelling the economic growth and regional development. MSMEs sector is being recognized
as the real engine of growth for the Indian Economy. With a large contribution of about 38%
to the GDP, approximately 40% share of exports and 45% share of manufacturing output. The
present paper is an attempt to study the status of MSMEs in the state of Himachal Pradesh. The
paper analyses the performance of the MSMEs in Himachal Pradesh on the basis of number
of enterprises and employment by MSMEs. This study is based on secondary data collected
from annual reports of MSMEs, RBI statistics of Indian Economy, report on 73rd round of NSS,
etc. A comparison of third and fourth census of MSMEs has also been done for registered and
unregistered MSMEs in India.


Keywords

Himachal Pradesh, MSMEs, MSME Performance.
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