Center for Small & Medium Enterprises

Center for small and Medium Enterprises 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.