In business parlance, a small or medium-sized enterprise (SME) is one with a total of assets, revenues, and human resources below a certain threshold. To be sure, small and medium-sized enterprises (SMEs) are vital to India's economic development. The Macro, Small, and Medium Enterprise (MSME), say the SME Chamber of India, generates exports, imports, innovation, employment, and inclusive growth.However, small and medium-sized enterprises (SMEs) have limited resources; thus, it is especially important for them to demonstrate an effic...
more