Journal of Rural and Industrial Development

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Growth and Structure of Micro, Small, and Medium Enterprises (MSMEs) in Kerala


Affiliations
1 Department of Commerce, Aligarh Muslim University, Aligarh, Uttar Pradesh, India
     

   Subscribe/Renew Journal


This paper aims to draw a complete picture of Micro, Small, and Medium Enterprises’ (MSMEs) structure and growth in Kerala by analysis all India censuses of MSMEs starting from 1973. The MSME sector in Kerala has been neglected in the past due to political, economic, and social reasons. This paper emphasizes the stature of the small business in the state by comparing principal characteristics of the sector with neighbouring states and all India averages. There is a tremendous growth opportunity for IT and tourism along with traditional industries like handicrafts, handloom, Khadi, food-processing industries, garment making, and textile industries in the state. Promotion of the sector would stimulate industrialization, solve the problem of slow growth, unemployment among educated youth, and the issues arising from the unprecedented return of migrates. This paper also analyzes the catalytic role of MSMEs in industrialization of rural and backward areas; targeting youth and socially disadvantaged group such as SCs, STs, and women. Most of the literature is focused on issues and credit crunch of the sector by oversimplifying the key role of MSMEs on state’s development. The important finding of the study is: Kerala is far below in terms of area, population, and infrastructure facilities among Indian states, but in turn MSMEs’ performance is the state stands among the top contributing state of the country.

Keywords

All India Census of MSMEs, Employment, Industrialization, Investment, MSMEs, Production.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Abraham, D. (2003). Local Economic Development (LED) in South Africa: A useful tool for sustainable development. Urban Forum, 14, 185-200.

  • Annual report 2016, Ministry of MSME Government of India.

  • Ayanda, A. M., & Laraba, A. S. (2011). Small and medium scale enterprises as a survival strategy for employment generation in Nigeria. Journal of Sustainable Development, 4(1), 200-206. http://dx.doi.org/10.5539/jsd.v4n1p200

  • Fida, B. A. (2008). The Role of Small and Medium Enterprises (SMEs) in Economic Development. Enterprise Development, Free Online Library, December.

  • First All India census of MSMEs 1973, Ministry of MSME Government of India.

  • Fourth all India census of MSMEs, Ministry of MSME Government of India.

  • Friedrich, C. (2004). Taking it personally: The crucial success factor for small businesses is its entrepreneurs. Finance Week, 51, December.

  • Gupta, N. S., & Singh, A. (1978). Industrial Economy of India. Light and Light publishers. Delhi, p 3.

  • Government of India. (1986). Ministry of Industry, Measures all help to small scale sector. Laghu Udoyog samachar, 11(11), p.12.

  • Government of India. (1990). Ministry of Industry, Measures all help to small scale sector. Laghu Udoyog Samachar, Sep, p.12.

  • Harvie, C., & Lee, C. B. (2003). The role of SMEs in national economies in East Asia: Studies of small and medium sized enterprises in East Asia. Asian Economic Bulletin, 2. Cheltenham, UK: Edward Elgar, p. 404.

  • Horn, P. (1995). Self-employed women’s union: Tackling the classgender intersection. South Afr. Labour Bull., 9.

  • Thomas, J. J. (2005). Kerala’s industrial backwardness: A case of path dependence in industrialization? Institute of South Asian Studies.

  • Vyas, J. (1973). Small scale industry handbook. N.K. Vyas publications, Ahmedabad, p.13.

  • Vyas, J. (1986). Small scale industry handbook. N.K. Vyas publications, Ahmedabad, p.7.

  • Liedholm, C., & Mead, D. (1987). Small scale industries in developing countries: Empirical evidence and policy implications. International Development Paper No. 9. US Department of Agricultural Economics, Michigan State University, East Lansing, MI, USA

  • Neumark, D., Wall, B., & Zhang, J. (2008). Just the Fact. Small businesses and job creation: Do small businesses create jobs?. Public Policy Institute of California (PPCI). Retrieved from http://www.ppic.org

  • Siroponies, N. (1998). Entrepreneurship and small business management. Haughton Mifflin Company, Boston, p.17.

  • Rwigema, H., & Karungu, P. (1999). SMME development in Johannesburg’s Southern Metropolitan Local Council: An assessment. Dev. South. Afr., 16(1), 101-124.

  • Schmitz, H. (1995). Collective efficiency: Growth path for small scale industry. J. Dev. Stud., 31(4), 529-566.

  • Second all India census of MSMEs. (1988). Ministry of MSME Government of India.

  • Selvaraj, B. (2015). Financial Institutional Assistance and Support to Small-scale Industries in Tamilnada: A View, Intellectual Properties Rights. Retrieved from http://dx.doi.org/10.4172/2375-4516.1000141

  • Singh, A. (2009). Small scale industries in a global perspective. Productivity, 49(4), 290-296.

  • Srinivas, K. T. (2013). A study on composition of NPAs of public sector banks in India. International Journal of Engineering and Management Research, 3(4), 57-61. ISSN No.: 2250-0758.

  • Tambunan, T. T. H. (2009). SMEs in Asian developing countries. New York: Palgrave Macmillan. Retrieved from http://dx.doi.org/10.1057/9780230250949

  • Todaro, M. P., & Smith, S. C. (2003). Economic development (8th ed.). Pearson.

  • Third all India census of MSMEs 2001, Ministry of MSME Government of India.

  • Watson, GEH. (2004). A situational analysis of entrepreneurship mentors in South Africa. A dissertation submitted in fulfillment of the requirements for the degree Masters of Commerce in Business Management at the University of South Africa.


Abstract Views: 248

PDF Views: 1




  • Growth and Structure of Micro, Small, and Medium Enterprises (MSMEs) in Kerala

Abstract Views: 248  |  PDF Views: 1

Authors

P. A. Ibrahim
Department of Commerce, Aligarh Muslim University, Aligarh, Uttar Pradesh, India

Abstract


This paper aims to draw a complete picture of Micro, Small, and Medium Enterprises’ (MSMEs) structure and growth in Kerala by analysis all India censuses of MSMEs starting from 1973. The MSME sector in Kerala has been neglected in the past due to political, economic, and social reasons. This paper emphasizes the stature of the small business in the state by comparing principal characteristics of the sector with neighbouring states and all India averages. There is a tremendous growth opportunity for IT and tourism along with traditional industries like handicrafts, handloom, Khadi, food-processing industries, garment making, and textile industries in the state. Promotion of the sector would stimulate industrialization, solve the problem of slow growth, unemployment among educated youth, and the issues arising from the unprecedented return of migrates. This paper also analyzes the catalytic role of MSMEs in industrialization of rural and backward areas; targeting youth and socially disadvantaged group such as SCs, STs, and women. Most of the literature is focused on issues and credit crunch of the sector by oversimplifying the key role of MSMEs on state’s development. The important finding of the study is: Kerala is far below in terms of area, population, and infrastructure facilities among Indian states, but in turn MSMEs’ performance is the state stands among the top contributing state of the country.

Keywords


All India Census of MSMEs, Employment, Industrialization, Investment, MSMEs, Production.

References