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08 Oct 2019  |  Global  |  Market Outlook
Internationalization of Indian SMEs, 2019
Despite Challenges, Going Global is the Need of the Hour for Indian SMEs
Small and medium enterprises (SMEs) in India generate 11% of country’s gross domestic product (GDP) and 45% of the entire manufacturing output, creating more than 100 million employment opportunities in the process. These SMEs not only act as key support units for large firms, but also help in expanding industry coverage in rural areas, strengtheni...
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