Monica Gupta, Rajni Bansal, B S Hothi, M. Shashidharan
Punjab has been a major centre for the textile industry, which includes cotton, ready-made clothes, and hosiery.With the creation of apparel parks, favorable textile laws, and other incentives for the development of textile infrastructure, the state provides investment opportunities.In terms of infrastructure facilities, Punjab was ranked first in India.Punjab has some of the best highway, rail, and air transportation networks, connectivity, bridge construction, and infrastructure facilities. But, the growth is concentrated only to a few sectors and rest of the industry is in a declining phase. This research paper is written with the aim of having overview of MSME and to study the growth of MSME in Punjab state. The data of last three years has been collected from MSME in Punjab in terms of sales, profit, capital and number of employees. The figures have been analyzed to know the growth pattern of the industry. A final conclusion is drawn out of the figures collected which revealed that there is no growth as far as sales, profit and numbers of employees are concerned. On the other hand capital has been injected by the entrepreneurs in order to keep the business going.