Global Journal of Commerce & Management Perspective
Open Access

Abstract

A Way Forward for Indian SMEs - Through Organisational Growth

Girish J. Bakshi and Dr Daniel J. Penkar

Indian market is growing rapidly and Indian entrepreneurs are making remarkable progress in local and global market. In developing countries like India the manufacturing service, trading functions and service industries are largely dominated by SMEs. SMEs are major player in the Economic development of the country. Due to the features of SMEs they face many problems in particular in their growth aspects. Growth is something for which most companies strive, regardless of their size. Small firms want to get big, big firms want to get bigger. Organizational growth means different things to different organizations. Organizational growth is the best way for making the SMEs more efficient. Indian Economy has to support the organisational growth of SMEs for its Economic Development.