Overall, the research indicates that a variety of factors, including human resource management, access to capital, technology adoption, entrepreneurship skills, and infrastructure, have an impact on the growth and development of MSMEs in India.

By creating jobs, MSMEs help to reduce unemployment rates and stimulate economic growth. Additionally, entrepreneurship drives innovation and encourages the creation of new industries and markets, leading to further job creation and economic development. Secondly, MSMEs are critical to economic growth.

The MSME Industry segment contributes 33% of the Country's GDP and generates over 120 million jobs across industries and regions in the country contributing towards wealth creation at the grassroot level.