SME contributes? 40 % in industrial output?

New Delhi : The five billion dollar ?Small and Medium Enterprises (SME) market contributes 40 per cent to the overall industrial output of the country, a government release said on Tuesday.?

A panel of experts from DSE, SBI,? NSIC, GMA, CSI DIC and IIA converged at Institute of Advanced Management & Research (IAMR) campus in Ghaziabad to discuss the means and solution to foster the? SMEs.?

There are over 11 million SME units in India that produce more than 8,000 products. Nearly 90 per cent of the Indian industrial units belong to the sector of small and medium enterprises.

The SMEs contribute 40 per cent to the overall industrial output of the country.