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VOL. 11, ISSUE 2 (2025)
A study on opportunities and challenges of MSME entrepreneurs in Coimbatore district
Authors
Sneha Devadas, R Nandhini
Abstract
In the Current Scenario MSME play a catalytic
role in the development process of most economies. The MSMEs are providing job
more than 6 crores people. The MSME sector is contributing 8% of country's GDP,
45% of manufacture and 36% it exports. The MSME's sector has consistently
registered higher growth rate compare to the overall Industrial sector. The
distribution of MSME's in all over India is not equal because of
inaccessibility of raw material, unfamiliarity or lack of entrepreneurial
skills development and absence of support of financial and technical assistance
from in relation to local authorities at district or state and central level.
The absence of adequate and timely credit facility, extraordinary cost of
credit, deficiency of modern technology, no research and innovations,
insufficient training and skill development, multifaceted labor laws are the
main problems of the MSME's. Although there are various opportunities available
in the development of MSME's
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Pages:21-23
How to cite this article:
Sneha Devadas, R Nandhini "A study on opportunities and challenges of MSME entrepreneurs in Coimbatore district". International Journal of Commerce and Management Research, Vol 11, Issue 2, 2025, Pages 21-23
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