Emerging Contours in the MSME Sector of India
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant sector of the Indian economy over the last five decades. The sector plays an imperative role in the development of the economy. This is evident from the fact that the sector contributes 8% of the country’s GDP, 45% of the manufactured
Foreign Investment in India
At present, India’s GDP is USD 1.237 trillion, which makes it the twelfth-largest economy in the world at market exchange rates and fourth largest in purchasing power. In the late 2000s, India’s economic growth has averaged at about 7.5% a year. A 2007 Goldman Sachs report has projected that “from 2007 to 2020, India’s GDP per
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