SMEs are the strength of Indian economy as well as backbone of the industrial
development .They contributes more than 80% of total number of Industrial
Enterprises of our country. They play a key role in economic developments
through various industrial activities for promotion of trade and export, to a
very large extent. The SMEs are mainly the Private Sector Enterprises and as
such they have greater flexibility in adopting the changes taking place in the
market with more emphasis on demand and supply trends. In the era of
Globaiization and Economic Reforms, SMEs cannot be silent spectator, but in
fact, they are at an advantages position for