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The SME (Small & Medium Enterprise) segment in India has recently been receiving much more attention. With the introduction of Micro Small & Medium Enterprises Development (MSMED) Act 2006, the sector is being increasingly viewed as an agent for economic growth by Government institutions, corporate bodies and banks. The policy focus and the Government's thrust towards promoting the SME segment, along with globalisation and India's robust economic growth, have paved the way to several latent business opportunities for this segment. Read on ...
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