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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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| Paper Title: | Small Enterprises, Big Impact Trends, Challenges, and the Future of Indian SMEs |
| Authors Name: | Alimelu Annapurna Ajjarapu |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_205784
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| Published Paper Id: | IJRTI2508089 |
| Published In: | Volume 10 Issue 8, August-2025 |
| DOI: | https://doi.org/10.56975/ijrti.v10i8.205784 |
| Abstract: | Small and Medium Enterprises (SMEs), officially classified as Micro, Small, and Medium Enterprises (MSMEs) in India, form the backbone of the national economy, contributing significantly to Gross Value Added (GVA), exports, and employment generation. This research paper provides a comprehensive, data-backed examination of SMEs’ multifaceted roles in fostering equitable, resilient, and innovative economic development. Drawing on official data, academic literature, and policy analyses from FY 2020–21 to FY 2024–25, the study investigates SMEs’ economic contributions, inclusive and regional development impact, innovation and technology adoption, government support mechanisms, and the sector’s key challenges. The discussion integrates a five-year trend analysis of flagship schemes such as Udyam Registration, CGTMSE, SIDBI interventions, PMEGP, ZED certification, and KVIC’s grassroots initiatives. Findings highlight SMEs’ strategic importance in achieving India’s Viksit Bharat @2047 vision, while underlining the need for sustained policy stability, digital integration, financial inclusion, and ecosystem collaboration. The paper concludes with targeted recommendations to bridge the gap between potential and realized capacity, positioning SMEs as forward-driving agents of India’s economic transformation. |
| Keywords: | SMEs, MSME Policy, Inclusive Development, Industry 4.0, Viksit Bharat, Innovation, Regional Growth. |
| Cite Article: | "Small Enterprises, Big Impact Trends, Challenges, and the Future of Indian SMEs", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 8, page no.a731-a741, August-2025, Available :http://www.ijrti.org/papers/IJRTI2508089.pdf |
| Downloads: | 000738 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2508089
Registration ID:205784
Published In: Volume 10 Issue 8, August-2025
DOI (Digital Object Identifier): https://doi.org/10.56975/ijrti.v10i8.205784
Page No: a731-a741 Country: RAJAHMUNDRY, Andhra Pradesh, India Research Area: Commerce Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2508089 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2508089 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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