Small and medium-sized enterprises (SMEs) play a significant role in Tamil Nadu’s industrial economy, contributing to:

Employment generation
Export earnings
Innovation
All of the above

The correct answer is: d) All of the above

Small and medium-sized enterprises (SMEs) play a significant role in Tamil Nadu’s industrial economy, contributing to employment generation, export earnings, and innovation.

  • Employment generation: SMEs are the largest employers in Tamil Nadu, accounting for over 50% of the state’s workforce. They provide employment to a large number of people, especially women and youth.
  • Export earnings: SMEs are also major exporters from Tamil Nadu, accounting for over 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
40% of the state’s exports. They play a vital role in the state’s economy by generating foreign exchange and promoting economic growth.
  • Innovation: SMEs are also major innovators in Tamil Nadu. They are constantly developing new products and services, and they are often at the forefront of technological change. They play a vital role in the state’s economy by driving innovation and economic growth.
  • In conclusion, SMEs play a significant role in Tamil Nadu’s industrial economy, contributing to employment generation, export earnings, and innovation. They are a vital part of the state’s economy and play a key role in its development.