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| Article Name : | | | CAN INDIAN MSMES SUSTAIN IN THE GLOBALISED WORLD? | | Author Name : | | | V. S. Adigal , Shraddha Singh | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-5438 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | Prof. Gunnar Myrdal has rightly described the relationship of industrialization and economic development where he observes that, “the manufacturing industry represents, in a sense, a higher stage of production in advanced countries. The development of manufacturing has been associated with these countries spectacular economic progress and rise in levels of living.” Industrialization is an effective means for solving the problems of economic and social progress in developing countries of the world. Entrepreneurship is indispensible to accelerate the industrial growth. The MSMEs are an effective means for the development of entrepreneurship. This sector is a only solution to the problems of poverty, inequalities, unemployment, over population in modern world. | | Keywords : | | |
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