The Centre for Small and Medium Enterprises (SMEs) is established to foster understanding
of the regulatory framework, encourage innovative responses to business environments
and focus on issues affecting SMEs. The Centre enables capacity building through
training, interaction including seminars and workshops.
SMEs play an important role in the Indian economy. Besides acting as an entrepreneurial
engine, they are also the largest employment generators.
Around 95% of the industrial units in the country are SMEs (small and medium enterprises).
As per the survey conducted by the Ministry of Micro, Small and Medium Enterprises,
over 90% of these SMEs are registered as Proprietorships, about 2% to 3% as Partnerships
and less than 2% as Companies.
Micro, Small and Medium Enterprises (MSMEs), including khadi and village/ rural
enterprises constitute an important segment of Indian economy in terms of their
contribution to country's industrial production, exports, employment and creation
of an entrepreneurial base.
The SME Centre reinforces IICA's basic philosophy of enabling understanding of the
changing national and global business environment and catalyzing appropriate regulatory
and service delivery responses, with a special focus on SMEs. The centre plays a
pivotal role in all its activities to provide knowledge, technology, ongoing learning,
flexibility and innovation as business drivers.