Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in Andhra Pradesh’s economy, contributing to:

Employment generation
Regional development
Exports
All of the above

The correct answer is: d) All of the above

Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in Andhra Pradesh’s economy, contributing to employment generation, regional development, and exports.

  • Employment generation: MSMEs are the largest employers in Andhra Pradesh, accounting for over 90% of the state’s workforce. They provide employment to people from all walks of life, including women, youth, and the disabled.
  • Regional development: MSMEs are a major driver of regional development in Andhra Pradesh. They help to create jobs, improve infrastructure, and promote economic growth in rural and backward areas.
  • Exports: MSMEs are also a major contributor to Andhra Pradesh’s exports. They export a wide range of products, including textiles, garments, leather goods, and electronics.

In conclusion, MSMEs play a crucial role in Andhra Pradesh’s economy. They contribute to employment generation, regional development, and exports.

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