PES Business Review

C. H. Bandeiah ¹, G. Sudhakaraiah ¹, M. Venkateswarlu ¹

Affiliations
1 Dept of Commerce, S. V. University, Tirupati, IN

Abstract

Worldwide, the Small and Medium Enterprises (SMEs) are recognized as an "engine of growth". In India, however, it is necessary to refer to the "Micro, Small and Medium Enterprises [MSMEs)" on account of the significance of the micro enterprises, both in the total population of MSME and in the economy as a whole. The process of globalization has, on the one hand, opened the gateways of opportunities to the MSMEs: of closer interactions and access to much larger markets, to name only a few. It has, on the other hand, exposed the segment, particularly the micro, small and medium enterprises(MSMEs] in India, to the challenges of intense competition, both domestic and global.

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M. Venkateswarlu ¹, C. Venkateswar Rao ¹, G. Sudhakaraiah ¹

Affiliations
1 Dept. of Commerce, Sri Venkateswara University, Tirupati, IN

Abstract

Tobacco occupies an important place among cash crops grown in India. It is cultivated in a meagre area of 4 lakh ha which constitutes 0.27 per cent of the total arable land in the country. The production, on an average, touches 700 million kg of cured leaf annually. On global basis, India ranks first in respect of non-FCV tobacco production and fifth in area under FCV tobacco. West Bengal occupies an important place in the tobacco map of the country under non-FCV tobacco, i.e., chewing type of tobacco.

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