Project Leader: Mohammed Saqib (external consultant)
Commencement: March 2010
Completion: October 2011
Funded by: Small Industries Development Bank of India (SIDBI)
This study addresses the concerns of Indian Micro, Small and Medium Enterprises (MSMEs) with regard to challenges such as lack of credit, poor quality infrastructure, shortage of skilled labour, limited support for brand building and marketing and constraints in adopting energy-efficient production processes. It provides recommendations in line with global best practices. The MSME policies of select foreign countries (China, Italy, Malaysia, Philippines, Brazil, South Africa, South Korea and Turkey) in the areas of marketing, credit, infrastructure development, institutional support, microfinance and energy efficiency were examined to make policy recommendations for the Indian MSME sector. Consultations with stakeholders, policymakers, select industry experts and associations in the sector were also conducted. Based on the findings, the study suggests policy measures for the Indian MSME sector.