An Idea Framework for the Development of Jobs and the Inclusive Expansion of Msmes in Tamil Nadu
- 1. Assistant Professor, Department of Business Administration, Mannar Thirumalai Naicker College (Autonomous), Madurai, Tamilnadu.
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The socioeconomic growth of Tamil Nadu is significantly impacted by Micro, Small, and Medium-Sized Enterprises (MSMEs), contributing heavily to exports, industrial production, and employment generation. MSMEs operating in a range of sectors such as information technology, engineering, food processing, and textiles have grown thanks to the state's robust infrastructure, diversified industrial base, and facilitative policy context. With a focus on how the MSME industry of Tamil Nadu influences the generation of employment, especially in rural and semi-urban areas, the study examines the trends, opportunities, and challenges for the industry. It also evaluates the efficacy of government initiatives promoting business and job generation, such as the Tamil Nadu MSME Policy 2021, the Single Window Clearance System, and financial schemes. For the sustenance of MSME-led employment growth and inclusive development in the state, the report emphasizes the need for better access to finance, digitalization, market linkages, and skills development.
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