In the growth of the Indian economy the Micro, Small and Medium Enterprises (MSME) play a vital role. This sector contributes 8 percent GDP approximately. It contributes almost 45 percent of the manufacturing output in terms of va lue - added. La rge st employment opportunities for the Indian population has generated in MSME s e c tor, next only to Agriculture. One million jobs are created by this sector every year. MSME Sector also plays a major role in India's present export performance;
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