MSME In India: Evolution & Recent Trend in MSME Definitions.

Abstract

Small-scale enterprises have been around for a long time—over 4,000 years. They began in ancient cultures where trade was buzzing. Many societies, like the Indians, Egyptians, Arabs, Babylonians, Jews, Greeks, & Romans played a part. In those early days, skilled artisans made goods at home. They took care of everything—producing and selling right in the market-place.