ISSN No: 2231-5063
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Article Name :
MSMEs and Women Entrepreneurs in India – An Overview
Author Name :
D. Ulagammal , N. Ramya
Publisher :
Ashok Yakkaldevi
Article Series No. :
GRT-4815
Article URL :
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Abstract :
The MSME sector contributes significantly to the country’s manufacturing output, employment and exports and is credited with generating the highest employment growth as well as accounting for a major share of industrial production and exports. Indian women have demonstrated their great potential as successful entrepreneurs. Some of the women entrepreneurs are leading the biggest shipping companies, trading and export houses, brewing plants, plastic factories and electronic establishments and so on. Although the MSME businesses owned by women have traditionally been in the service sector, in recent years women entrepreneurs have been moving rapidly into manufacturing, construction, and other industrial fields. Women business owners still face greater difficulties in gaining access to commercial credit and bidding on government contracts than do their male colleagues, and pockets of resistance to women entrepreneurs remain strong in some industries and geographic regions. The MSME sector not only plays a critical role in providing employment opportunities at comparatively lower capital cost than large industries but also helps in industrialization of rural and backward areas, reducing regional imbalances and assuring more equitable distribution of national income and wealth. In the present paper focused on MSMEs and women entrepreneurs in India.
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