Abstract
Micro, small, medium enterprises which are under sector of Small Scale Industry sector, are meant as vital constituent of the total Industrial sector of India and acts as a nursery for the development of entrepreneurial knowledge, constituting remarkably to the national GDP, besides meeting the other Social Objective including that of providing employment opportunities to millions of people across the nation. So, in Rural Regions of the nation we stand committed for providing urban amenities.
Micro, Small and Medium Enterprise (MSME) sector is the growth engine of Indian economy. It has received due attention of policy makers of the country due to its share in national exports, employment and GDP. In manufacturing sector, MSMEs constitute 95 per cent of the total industrial units. Hence enhancing the competitiveness of this sector has become the priority of the Government of India.
B2B e-marketplace is an ICT innovation that facilitates MSMEs to market their products on the internet. On one hand, e-marketplace provides several benefits to MSMEs such as access to broader market, ability to enter supply chain of large companies, access to information at single source and the like. On the other hand, researchers opine that e-marketplaces increase competition among MSMEs and benefits of participation in e-marketplace are higher to large buyers. As use of B2B e-marketplace by MSMEs in India, is in growth stage, there is a need to understand the perceptions and experiences of MSMEs with B2B e-marketplaces. Even though there are empirical studies on adoption of B2B e-business, majority of them either focus on large firms or electronic business in general. There is lack of empirical studies on adoption of B2B e-market places in India, especially in the context of small firms.
Concerning on the problems faced by MSMSE’s, there are numbers .of problem that all micro, small and medium enterprises are to deal with like lack of credit from banks, competition from multinational companies, poor infrastructure, unavailability of raw materials and other inputs, lack of advance technology, lack of distribution of marketing channels, lack of training and skill development programs, also there are many more problems for the existing MSME’s like absence of adequate and timely banking finance, limited capital and knowledge, non-availability of suitable technology, low productive capacity, ineffective marketing strategies, constraints on modernizations and expansions, non-availability of skilled labour at affordable cost and many other minor problems.