期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2021
卷号：3
期号：6
页码：269-296
DOI：10.35629/5252-0306141146
语种：English
出版社：IJAEM JOURNAL
摘要：SMEs are an integral part of developing economies such as India. They create jobs, contribute to the GDP and sustain economic sustainability. India as one of the fastest growing economy greatly depends on the success of its SMEs. However, SMEs sector in the country currently faces enormous challenges due to internationalization and globalizing. This study attempts to examine some of those challenges in order to suggest practical recommendations. Adopting a mix mode research, the researchers interviewed 430 representatives of1000 selected SMEs of India. They include textilemills, food manufacturing, leather and allied product manufacturing, machinery manufacturing, computer and electronic product manufacturing, electrical equipment, and appliance. It was observed that the SMEs in India face several challenges such as lack of infrastructure, lack of funds, restrictive regulatory policies, barriers to entry, poor electronic support, and lack of entrepreneurial orientation that adversely impacts the growth and scale of SMEs in the country. It is also noticed that there is lack of government support for the development of SMEs in India.
