Factors Influencing The Performance Of Msmes In The State Of Tamilnadu
Academic Leadership - Online Journal,
Vol. 21 No. 7 (2020): Vol-21-Issue-7-July-2020
Micro, small and medium enterprises (MSMEs) played an essential role in the financial improvement in a country. It is one of the biggest participants of GDP, employment generation and delivers supply chain of massive business. The entrepreneurs in this sector with their intelligence and hard work trying to make the best possible use of the available opportunities. The role of the MSMEs sector is growing quickly, and they have become a drive area for future growth for rural and urban development and it's fiscal excite have a lot of policy implications. The purpose of this paper is to find out the dependent and independent variables which are influencing the performance of Micro, Small and Medium Enterprises (MSMEs) in the state of Tamilnadu. The data has been collected from secondary source Government of Tamilnadu, Ministry of Micro, Small and Medium Enterprises (MSMEs). In this paper, multiple regression analysis has been used as the major Statistical tools to compare the performance of MSMEs in the state of Tamilnadu during the study period.
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