Micro, small and medium enterprises in the 21st century Kumar Nalla Bala Kalyan*, Dr. Gugloth Sardar** *Research Scholar, Department of Management Studies, Sri Venkateswara University, Tirupati, Andhra Pradesh, India. **Associate Professor, Department of Management Studies, Sri Venkateswara University, Tirupati, Andhra Pradesh, India. Abstract The aim of the article is to evaluate the presentation of MSMEs, before and after liberalization contrast them with average annual growth rates, and know the impact of globalization on the performance of MSMEs and the development of MSMEs new opportunities for Employment in a country. The period of the study is 1999-2010 and based on secondary information. The MSMEs form a leading part of Indian industry and causal to a momentous proportion of production, exports and employments. The present study analyzes the collision of globalization on Indian MSMEs. Government’s programmes are unstructured and indistinct, and fall short of delivering the intended outputs. This necessitates the enterprises to think strategically by focusing on major issues. The prime intent of the study of policy recommendations to ensure the sustenance and competitive growth of MSMEs in India. This article focuses on the ongoing changes in the business environment and the analysis of their suggestion for MSMEs. It further focuses on the implication of globalization and domestic economic liberalization for MSMEs and analyses its intensification performance. The MSMEs has emerged as the most dynamic sector of Indian industrial economy. Top Keywords Development, Globalization, Liberalization, Micro, Small and Medium Enterprises (MSMEs), Policy Schemes. Top |