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Tuesday, February 11, 2014

SME's – The Middle of the Pyramid: A study and proposals on SME sector of India

SME?s ? The Middle of the PyramidCaseSmall and Medium Scale Enterprises ar woful out of the traditional ways of doing business, and looking at untested avenues In this context, SME financing takes on a whole newfound paradigm. IntroductionReasons and Suggestions on the paradoxs faced by SME sector in IndiaKey IssuesIdentifying the elements that atomic number 18 ? ripenings or events that have the potential to influence the organization?s current or future strategy?. Alternate StrategiesIdentifying and evaluating the ? carry through alternatives? available to Government in order to address the issues. Proposed ModelProposal of the op term house hat combination of alternatives given the available discipline and resources. ConclusionThe proposed mystify serve up SSI sector to better manage their resources as well as helps in establishing a sustainable environs by implementing. ReferencesReference materialsIntroductionThe problem faced by the Indian SME sector is a widely discussed topic. Of the various reasons the most important observations are:?Poor pecuniary situation and low level of R& adenosine monophosphate;D?Poor adaptability to changing trade trends?Desire to rid of bump?Non-availability of technically trained human resources?Emphasis on turnout and not on production cost? neglect o management skills?Lack of access to technological information and consultancy run?Isolation form technological hubsTo enable SMEs to apologize the above problems and enhance their access to new technologies for increasing their engagement in the international market, it is imperative to give then a semiconducting environment which includes:?Formulation of appropriate national policies and programs? twist up technological capacity?Knowledge flows and technology databases?R&D and inter firm linkageKey Issues?India in the post-liberalization era is abstain emerging in terms of economy and technology and SME industries are finding it real hard to co pe up with the abuse mainly due to its smal! l size and deprivation of coordination. ? in that respect is a lack of suitable pecuniary schemes with ample public-private battle aiming at a holistic development of the SME sector. ?Many of the industrial clusters established... If you want to get a full(a) essay, order it on our website: OrderEssay.net

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