Advances in Consumer Research
Issue:6 : 1096-1099
Original Article
A Study On The Growth And Effect Of Micro, Small, And Medium Enterprises (Msmes) In Thoothukudi District
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1
Assistant Professor, PG and Research Department of Commerce, Kamaraj College (Autonomous), Thoothukudi – 628003
Abstract

India is a developing economy. There are three main sections farming, industry and Service which contribute to the growth. In the assiduity branch, Micro, Small and Medium Enterprises (MSMEs) have appeared as a forceful and vibrant sector of the frugality. Compared with large diligence, MSMEs give large employment openings at lower costs and contribute to the nation’s GDP growth rate. These MSMEs are engaged in the manufacturing of further than 8000 products, where they use traditional as well as ultramodern technology. In the current study, the objects of the exploration study are to study the growth trends of MSMEs in Tamilnadu frugality; to study the donation of MSMEs to employment and exports of tamilnadu State; to assay the Government’s support to MSMEs through programs and programmes and to identify the problems faced by MSMEs in Tamilnadu. This study is grounded on both primary and secondary data. Primary data is collected from one quarter in Tamilnadu grounded on the executive division (One quarter from thoothukudi) and the viscosity of MSMEs in the state. The government programs and programmes are helping MSMEs in their growth and progress similar as Credit linked capital subvention for technology up- gradation scheme, MSME – request development and impact backing, raw material purchase backing, Pradhan Mantri MUDRA Yojana, etc. The study set up those micro enterprises faced more finance, marketing, product, and raw material problems compared to small and medium enterprises, while mortal resource operation problems are advanced in medium enterprises.

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