MSMEs: It’s Role in Sustainable Development in India

Abstract

Indian MSMEs spread the idea of UN (inclusive and sustainable industrial development) that focused on the enhancement of manufacturing for the future. As an engine of economic growth, it promotes sustainable development with equitable distribution. It shares the highest employment growth rate and therefore industrial development and export. The sustainable development goal of India may not be achieved without jobless growth and environment concerns. MSMEs are the important pillar of sustainable development maintenance through the economic growth, employment creation, poverty elevation and reduction in inequality. Sustainability can be achieved through the inclusive growth that maintains prosperity and dignity.The study aims to analyse the performance of MSMEs and its role in maintaining sustainable development in India. The study also focuses on sustainability practice through MSMEs.