Quick Overview

In most discussions on SME development, the critical constraints of such enterprises come to the fore. Beyond problems, there are significant latent opportunities that are specific to enterprises having particular features. ‘Subsector’ is a significant dimension of SME and prospects, having substantial and analytical relevance. While the concept of ‘subsector ‘is broader than the beaten-track idea of ‘industry’, it is important to typologize subsectors based on their distinct economic and social aspects. Such a spotlight, with special thrust on MSMEs, is important from the key angles of social policy, ie., employment promotion and regional development. This paper takes forward its discussion in relation to subsector typologies. It moves forward in relation to the evolving technology- business interface and market penetration that explains the performance and prospects of particular subsector categories.