Power

SME sector in India

The MSME sector has witnessed steady growth over the past few years where it accounted for 29% of the country’s gross domestic product (GDP) and created 111 million jobs, according to Annual Report 2017-18 of the Ministry of MSME. The Indian government has acknowledged this need and implemented several policies that encourage MSMEs to adopt energy efficient processes, less-polluting practices, and alternative energy solutions.

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