BizSugar.com › Management › SEBI’s relaxed listing norms: Impact on SMEs

Small and medium Enterprises are increasingly being seen as the next drivers of growth in India. Currently, they account for almost 90% of the industrial units in India and 40% of the value addition in manufacturing sector. SMEs also contribute 35% to India’s merchandise exports. Moreover the SMEs are the main source of employment generation in the country. In these circumstances, it is only reasonable that the government encourage the growth of the SMEs and provide a favorable environment for their growth