Quick Overview

This study covers the business- demographic and functional space of Tamil Nadu, in relation to the MSME policies at the national and State levels. The discussion of this Report, covered under eleven chapters, is drawn upon the resource base of the ISED Small Enterprise Observatory, derivations from selective secondary sources of data , and the findings of Focus Group discussions, and thematic primary research. The analytical approach of the study is founded on the specific position of Tamil Nadu in the MSME map of India, as per the ISED MSME Visibility Index, Tamil Nadu is included in the category of focus states. The key performance indicators relevant to the context are, 1. MSME Density; 2. Self employment Density; 3. Start up Density; 4. TEA rate; 5. G&E Density; 6. Labour market Diversification quotient; 7. Location Quotient; and8. Demographic Rates and their analysis. Based on the relevant findings, a strategic approach for the development and management of the MSME economy of the State, with 12sub themes: Innovation and Growth Strategy; Regional Integration Strategy; External Economies Strategy; Spatial Innovation and Networking Strategy; Subcontracting and Vendor Development Strategy; Sub Sectors Strategy: From Clusters to Hubbing; Growth and Outward Orientation Strategy; MSME Knowledge base Strategy; Resource based Enterprises Strategy; Social Enterprises Strategy; Integrated MSME health Strategy; and Business Birth Rate Strategy The broad recommendations of the study fall under 13 strategic areas: Capital base and Financing; New Manufacturing Growth Scheme; Gender and Enterprise Programme Entrepreneurship in Education; Promotion of Process Clusters; MSME Growth and Outward orientation programme; Enhancing the knowledge base; Enterprise Health clinic; Reforms in Economic Governance; Tamil Nadu Enterprise Commission; Tamil Nadu Smart Enterprise Programme; Entrepreneurship Resource Policy; MSME Skills Bridge Strategy (2019-2024); Innovation and Standards Regime; A New Space for Social Enterprises and Impact Investments; Tamil nadu Business Development Services Company; Rural Enterprises Observatory; Catch them Young Programme' for Schools; Tamil Nadu Export Capability Enhancement Fund; Green Economy Fund; Mobilisation: 'Think SMEs First Movement'; Gender and Enterprise Mission; Tamil Nadu Start up and Skills Mission; and Culture and Entrepreneurship.