Indian SMEs in Global Value Chains: Status, Issues and Way Forward

Author:

Mukherjee Sonia1,Mukherjee Arpita2

Affiliation:

1. International School of Business and Media (ISBM), Budge Budge, Kolkata, West Bengal, India.

2. Indian Council for Research on International Economic Relations (ICRIER), New Delhi, Delhi, India.

Abstract

Small and medium enterprises (SMEs) account for bulk of the enterprises in most countries and play a crucial role in global value chains (GVCs). In India, micro, small and medium enterprises (MSMEs) constitute around 30% of the gross domestic product (GDP), accounts for 50% of exports and a major share in employment. Under the Aatmanirbhar Bharat Abhiyan, the Central government intends to enhance the share of MSMEs in exports to 60% in the next 5 years. The government also plans to increase the contribution of the MSMEs to 40% of the GDP. In this context, this article examines how effective the government policies have been in the past 10 years to help Indian MSMEs integrate in the GVCs. It first presents an overview of the MSMEs in India, focusing on their exports and global market integration. It then examines the schemes and policies of the Ministry of Micro, Small and Medium Enterprises, and provides an empirical estimation (2000–2001 to 2020–2021) of the impact of government schemes/programmes on MSMEs integration in the GVCs. Based on key informant interviews, it identified the core issues faced by the MSMEs and makes recommendation on how to address them, so that, the targets set by the government for enhancing the contribution of the sector to GDP and exports can be achieved. JEL Codes: F10, G28, O10, O20, O57

Publisher

SAGE Publications

Subject

Marketing,General Economics, Econometrics and Finance,Business and International Management

Reference53 articles.

1. Abel-Koch J. (2016). SME’ value chains are becoming more international-Europe remains key. https://www.kfw.de/PDF/Download-Center/Konzernthemen/Research/PDF-Dokumente-Fokus-Volkswirtschaft/Fokus-englische-Dateien/Fokus-2016-EN/Fokus-No.137-August-2016-Value-Chains.pdf

2. Patent rights and innovative activity: evidence from national and firm-level data

3. Productivity and International Trade: Firm Level Evidence from a Small Open Economy

4. Two-dimensional fragmentation in East Asia: Conceptual framework and empirics

5. Export Behavior and Firm Productivity in German Manufacturing: A Firm-Level Analysis

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3