The government of India has recently legislated coverage and classification standards for Micro, Small and Medium Enterprises (MSME) of India based on the size of investment in accordance with the Micro, Small and Medium Enterprises Development Act amended in 2006.
According to the census of Micro, Small and Medium Enterprises implemented in 2006/07 based on the newly amended Act of 2006, a number of MSMEs and employment as of 2012 is estimated to be 47 million and hundreds of millions, respectively. And, total production and fixed asset is estimated to be US$344 billion and US$220 billion dollars, respectively. Meanwhile, a proportion accounted for by MSMEs in total production of manufacturing industry and GDP has decreased, respectively, to 37.5%-7.3% in 2011 from 42%-7.8% in 2006 and 2007.
Most MSEMs of India are classified as Micro-enterprises with small scale of investment (under Rs. 2.5 million for manufacturing, Rs. 1 million for non-manufacturing). These enterprises are unregistered so that they are not qualified for any incentives and support from the government, and account for over 90% (in average) of production, investment and employment of total unregistered MSMEs. Meanwhile, in case of registered enterprises, micro-enterprises comprise about 95% of their number, a level similar to the unregistered sector; they accounts for about 40% of total production and investment, which is smaller in relative terms than the unregistered sector.
As mentioned, although most MSMEs of India are small, their contribution to the Indian economy is very significant, especially for generating employment and balancing the regional economy, in addition to boosting exports. MSMEs of India account for about 40% of total employment, and exports from MSMEs have increased by 16% over the last 10years.
To enhance competitiveness of MSMEs, the Indian government provides MSMEs with various support programs and policies such as the National Manufacturing Competitiveness Program and 12th 5-year national development plan.
Entrance of Korean small and medium enterprises into India increased after the mid 2000s and most are from the manufacturing sector. Small and medium companies from Korea tied to large companies have expanded market share with highly valued products. However, the pace of expansion of small and medium, along with large companies, has been slowing down due to the recent economic slowdown.
Recently, Korean small and medium companies are facing difficulties related to securing market information, land acquisition, local financing; and also excessive dependency on large companies. These represent obstacles that could hinder sustained market expansion of Korean companies in the Indian market. Furthermore, Korean small and medium companies are out of coverage regarding any incentives from the Indian government, because the average size of investment of Korean small and medium companies is about US$1.6 million, far beyond the investment cap to be recognized as an MSME in India.
The Korean government needs to review some creative policies for supporting small and medium companies and promoting cooperation between MSMEs of two countries. First establish a ‘Korea-India Public-Private Cooperation Center for MSME’ in both countries so that it could provide a single window, one-stop service. Second, establishment of a ‘Creative Economic Innovation Center’ is also recommended. It would be able to play the role of promoting and developing innovative agenda for Korean small and medium companies trying to enter the Indian market. Lastly, Korean and Indian governments need to consider creating a joint fund for MSMEs that are trying or have already entered the other side of the market, offering an effective solution for companies experiencing financial problems. The India-Israel joint fund is available for anyone looking for a reference and benchmark.

국문요약 

제1장 서론 
1. 연구배경 및 목적 
2. 연구범위 및 구성 
3. 선행연구 및 연구방법
 
제2장 인도 중소기업 현황 및 특징 
1. 중소기업 현황 
가. 중소기업 정의 및 개요 
나. 등록 기업(Registered Enterprises) 현황 
다. 미등록 기업(Unregistered Enterprises) 현황 
2. 중소기업의 역할 및 문제점 
가. 중소기업의 경제적 역할과 기여 
나. 중소기업의 문제점 및 해결과제 

제3장 인도 중소기업 육성 및 지원 정책 
1. 중소기업 육성체제 
2. 중소기업 육성정책 및 전략 
가. 중소기업 육성법 
나. 국가 제조업 경쟁력 향상 프로그램 
다. 12차 5개년 개발계획 중 중소기업 육성방안 
라. 세부 중소기업 육성 및 지원 프로그램 
3. 중소기업 지원 예산 

제4장 한국 중소기업의 대인도 진출 현황과 애로 
1. 투자 및 수출 현황 
가. 대인도 투자 현황 
나. 대인도 수출 현황 
2. 투자진출 및 현지경영 애로 
가. 제조업 
나. 비제조업
 
제5장 한ㆍ인도 중소기업 협력과제와 협력확대 방안 
1. 협력환경과 협력과제 
가. 외부환경: 인도 중소기업의 특징 및 정책의 기회와 위협 
나. 내부 환경: 우리 중소기업의 강점 및 약점 
다. 협력방향 및 과제 
2. 새로운 협력확대 방안 및 사업 
가. 한ㆍ인도 민관 중소기업 협력센터 
나. 인도판 창조경제혁신센터 설치 및 운영 
다. 한ㆍ인도 중소기업 공동펀드 조성
 
참고문헌 

Executive Summary