Employing close to 40% of India’s workforce, SMEs are a force to reckon with today. A decade back, it was Corporate India that was in the driving seat, creating jobs and providing hope to the nation. Today, that seat is occupied by a sector that contributes volumes to the country’s exports, GDP and manufacturing output, while generating millions of jobs. The sector is continuously evolving, and for entrepreneurs, any aspect that makes them more competitive makes the entrepreneurial space more viable.

Source - http://www.financialexpress.com