Women Entrepreneurship in the MSME Sector: Challenges and Solutions

Abstract

This study is carried out to analyse the challenges and solutions of the Micro Small and Medium enterprise (MSME) sectors that are faced by the women entrepreneurs in India. Micro small and medium enterprise plays a significant role in the Indian economy as It is a growth engine for the country. A large number of businesses and start-ups are dominated by men in India while many Indian women have entrepreneurial ambitions; it is difficult to succeed. The contribution of the MSMEs is increasing continuously in the Indian economy but the contribution of women is not increasing, there are many reasons that resist a woman becoming independent, self-reliant in society. In this paper, an attempt is made to highlight various difficulties that women face in their entrepreneurial journey and how they can cope up with these challenges. It also shows the past trend of entrepreneurs in the Indian economy Also, this paper offers a set of recommendations that will help to improve women’s participation in business activities.