Volume : 1, Issue : 2, July - 2012

A Study for The Growth of Micro, Small, Medium Service Enterprises Thorugh Tourism Development

Nikita Gupta, Parag Gadve, Farha Hussain

Abstract :

In every economy, today MSMEs are playing foremost role in sustainable growth of those nations, so this has to be cherished and assisted passably for finance, market etc. to get prolific result for economy. In India day by day, more and more numbers of services enterprises are coming in to existence but simultaneously these units are spotting problems of sustainability. RBI also now define the MSMEs specially which are engaged in service industry. On the other hand tourism is an important sector of Indian economy and contributes substantially in the country’s foreign exchange earnings (FEE). The FEE from tourism during 2010 is estimated at US$14.19 billion and requires bags of service enterprise. Hence relation of both industry and its opportunities is the need of the study.