Small and Medium Enterprises in India
List of SMEs - Challenges & Growth on Indian economy Small and medium enterprises (SMEs) are those businesses that generate their revenues, useful assets in a restricted way due to fewer resources employees who fall below a certain threshold. The reason behind it the limited budget in their pockets. On the other hand, large firms employ a large number of people by making use of innovative technologies and high-tech resources. Still, SMEs are the backbone of Indian economic growth more than large enterprises. The b2b business directories open the door of success for businesses all around the globe. On the basis of the rate of growth of these companies, we are going to share a small list of small and medium enterprises in India. 1. Foods and Beverages 2. IT Industry 3. Textile trade 4. Health trade 5. Construction trade 6. Handicrafts 7. Banking 8. Insurance How SMEs affect the Indian economy? Once upon a time, a large part of job growth