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neha | February 24, 2010
Hope for SMEs
SMEs play a vital role for the growth the country’s economy. They contribute 45% of the industrial output, 40% of exports, 42 million in employment, create one million jobs every year and produce more than 8000 products for the Indian and international markets. This is what one hears at most of the conferences for small and medium businesses and the same is said by most of the studies released at such conferences.
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