• Deepti Maurya

The Micro, Small and Medium Enterprise sector engages in manufacture and export activities–two important drivers of the Indian Economy. This paper describes in detail, analysis of performance and growth of MSMEs and also outlines the opportunities available for the MSMEs in Indian Economy. The MSMEs occupies strategic importance in terms of output, export and employment. This study is going to highlight the strategic importance of MSME sector in current economy scenario, bring out challenges for the MSMEs operating in India and the way forwarding to help MSME sector to achieve its full potential in order to be growth engine for Indian Economy by end of the decade. The Government had already announced some relief packages, but much more need to be done and much more expected relief package that can insulate them at the time of writing.

MSMEs, Employment, GDP, Export, Finance, Growth performance, Opportunities and Threats.

"Development of MSMEs in India- Trends, Issues and Concerns", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 6, page no.2034-2040, June-2020, Available :http://www.jetir.org/papers/JETIR2006292.pdf

"Development of MSMEs in India- Trends, Issues and Concerns", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 6, page no. pp2034-2040, June-2020, Available at : http://www.jetir.org/papers/JETIR2006292.pdf