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Authors
Affiliations
1 University School of Management Studies, Guru Gobind Singh IndraprasthaUniversity, New Delhi, IN
Source
Asian Journal of Management, Vol 8, No 1 (2017), Pagination: 59-67
Abstract
Micro, Small and Medium Enterprises (MSMEs) world wide have played a vital role in the socio-economic development of different countries. Their contribution has been significant on parameters such as promoting equitable growth, generating employment, judicious use of local resources, and adding to the export earnings of the country. Despite so much of their contribution , these units generally face problems when competing with foreign firms on one hand and have not integrated with in the global supply chain to derive the benefit of being a part of the global network that today exits on the other. The present research thus has two fold objectives. The objectives are; first, to identify critical challenges faced by the micro, small and medium enterprises while integrating into the global supply chain and second, to find out strategies which firms may adopt for their integration in the global supply chain. The study has been carried out on 50 respondents (managers, MSME owners) associated with firms under MSMEs in auto-component cluster of Gurgaon. A detailed questionnaire capturing the above two dimensions has been prepared after a thorough review of literature and testing the reliability and validity of the constructs used in the questionnaire. The data so obtained has been processed by using SPSS 16 version. The Statistical techniques of ANOVA and Post Hoc Tukey HSD have been used in the study.
Keywords
Auto-Component, Cluster, Global Supply Chain, and MSMEs.
