tnc sme co operation the experience of india by dr j s juneja i small and medium enterprises smes rationale for promotion emanates from socio economic benefits which accrue to national economy these need low capital investment per unit output generate opportunities direct indirect employment can be located in far flung areas use local natural resources skills meet needs a limited market consumer goods services nurtures enterprising spirit populace prevent migration rural urban centres thereby help tackling social problems slums tensions besides with increase population inability agriculture sector absorb growing all governments whether developed or developing countries have adopted conscious well articulated policies view create self this already form significant part overall industrial structure united states europe japan world asia africa it is estimated that roughly 80 percent new
