PROMOTIONAL MEASURES FOR THE DEVELOPMENT OF MICRO AND SMALL MEDIUM ENTERPRISES IN TRICHIRAPPALLI DISTRICT – TAMILNADU

Mrs.V.Kanimozhi; Dr.N.Kannan

Volume : VIII, Issue : VIII, August - 2018

PROMOTIONAL MEASURES FOR THE DEVELOPMENT OF MICRO AND SMALL MEDIUM ENTERPRISES IN TRICHIRAPPALLI DISTRICT – TAMILNADU

Mrs. V. Kanimozhi, Dr. N. Kannan

Abstract :

The Micro Small and Medium Enterprises sector occupies a significant role in the total manufacturing sector of the country and our state. Tamil Nadu has been in the forefront, with a proactive policy to stimulate the growth of this sector. Encouraging the development of a sound industrial base without losing focus on the micro, small and medium enterprises sector has been one of the unique features of our State‘s balanced industrial policy. The importance of Micro and Small Enterprises sector can be seen by the fact that it accounts for 95% of industrial units, 40% of output in manufacturing sector and 30% of exports. At present there are about 5.57 lakhs of registered micro and small enterprises in the State with a total investment of Rs.19,36,406 lakhs which have provided employment to nearly 40 lakhs persons.