India has witnessed a surge of growth in the Small and Medium Enterprise Sector over the last couple of decades. With the radical changes in the government policies to promote and encourage small-scale industries, the SME segment has flourished in the growing economy of India. The SMEs tend to concentrate in the vicinity of large scale industries predominantly in the metro and urban areas of the country. A quick look at the statistics and impact of this sector will help showcase the growth potential and investment potential of this sector:
| Small & Medium Enterprises in India |
Total Units |
3.57 Million |
Employment |
19.96 Million |
Share in Industrial Value Added |
39% |
Share in Total Exports (Total) |
45% |
Total Number of Items Produced |
Over 8000 |
Number of Reserved Items |
675 |
Impact of IT in SME domain
IT plays a crucial role in the companies with a turnover of less than $50mn and the products and services provided by these companies depend largely on their IT infrastructure. Data security in such companies is of a huge importance in order to gain valueable 'outsourcer-confidence' to ensure repeat business.
Tutis helps the SME industries by strengthening their IT foundation by adding an extra layer of security for their data and records. Tutis is an ideal security software for both CEO/CXO using laptops as well as for deployement in a small LAN set-up.
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