MSMEs an important chapter in Indian economy: Swiss diplomat
The Economic Times
Small and medium enterprises account for over half of employment worldwide, Swiss envoy to India Mr Andreas Baum said, noting that this sector will continue to be an important chapter in the Indian economy. Mr Baum, however, pointed out that access to finance and technology are two important challenges for the MSME sector, which is the \"key engine\" of job creation and economic growth in both developing and developed countries. The ambassador was addressing a two-day \'National Summit on Energy Efficiency in Micro, Small and Medium Enterprises (MSMEs)\' being organised by TERI, in association with the Ministry of MSME.