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Performance of MSMEs-A Study on SPSR Nellore District in A.P.
Worldwide, the Small and Medium Enterprises (SMEs) are recognized as an "engine of growth". In India, however, it is necessary to refer to the "Micro, Small and Medium Enterprises [MSMEs)" on account of the significance of the micro enterprises, both in the total population of MSME and in the economy as a whole. The process of globalization has, on the one hand, opened the gateways of opportunities to the MSMEs: of closer interactions and access to much larger markets, to name only a few. It has, on the other hand, exposed the segment, particularly the micro, small and medium enterprises(MSMEs] in India, to the challenges of intense competition, both domestic and global.
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