The number of micro, small and medium enterprises in the country stood at 2.61 crore in 2006-07 as against the current projected figure of 1.3 crore, quick estimates of provided by the fourth all-India census of MSMEs (2006-07).
This includes 0.15 crore registered units and 2.46 crore un-registered units. Of the total, 28 per cent are in manufacturing and 72 per cent in services.
These units are largely in apparel (14.03 per cent) followed by food products and beverages (13.53 per cent) and maintenance of personal and household goods (9.25 per cent).
The MSME sector accounts for employment of 5.97 crore persons, of which, 0.95 crore are in registered units and 5.03 crore in the un-registered units.
The data on registered units reveals that closure among MSMEs has decreased from the 39 per cent in 2001-02 to 21.64 per cent in 2006-07. Sickness in MSMEs has increased marginally from 13.98 per cent in 2001-02 to 14.47 per cent in 2006-07.
Sickness is found to be largely on account of lack of demand and shortage of working capital.