• VINEETHAN T

Micro, Small, Medium Enterprises sector is the backbone of every economy whether it is developed or developing or under developed. The sector plays a remarkable role in an economy by accelerating growth, employment, industrial production, exports, etc. As far as our country is concerned, MSME sector has continuously acted as a fort to protect our economy by providing capacity to defend against global economic adversities. It contributes 37.5 percent of GDP, 45 percent of the manufacturing output and 40 percent of the exports of our country. Today, the sector produces more than 6,000 products, ranging from traditional to high tech items. As per fourth MSME Census survey, 5.62 percent of MSMEs in India is in Kerala. The phenomenon of globalization impacted every sector of economies across the world. The MSME sector was not an exception. Even though the globalisation has made the MSME sector highly competitive, the phenomenon impacted the sector both positively and negatively. Before the implementation of liberalisation policies, the Government provided many facilities such as incentives, subsidies, concessions, etc. for the development of SSI/MSME sector because of its remarkable contribution in the growth of the economy. But with the implementation of economic liberalisation policy in July 1991, the government started to curtail such amenities one by one. Since then, the sector is facing hyper competition from large domestic firms and multi-national companies. It is in this milieu the researcher wants to make an investigation about the impact of globalisation on MSMEs in Kozhikode District of Kerala. .

Key words: Globalisation, Liberalisation, MSME, Number of registered units, Employment, OGR and CAGR

"Impact of Globalisation on MSMEs in Kozhikode District of Kerala State", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.1023-1039, August-2018, Available :http://www.jetir.org/papers/JETIR1808300.pdf

"Impact of Globalisation on MSMEs in Kozhikode District of Kerala State", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp1023-1039, August-2018, Available at : http://www.jetir.org/papers/JETIR1808300.pdf