Question

india is the first micro production this statement are true of false​

Answer 1

Answer:

true is the correct answer

Answer 2

India is the first micro production is a true statement.

• After China, India has the world's largest MSMEs (Micro, Small, and Medium Enterprises).

• The industry provides a diverse range of services and manufactures approximately 6,000 products, ranging from conventional to high-tech.
• The Micro, Small, and Medium Enterprises (MSME) sector has evolved into a lively and active section of the Indian economy over the last five decades.
• MSMEs not only help to create a huge number of jobs at a lower cost of capital than major corporations, but they also help to industrialise the economy. of rural and backward areas, reducing regional imbalances and ensuring a more fair distribution of national revenue and wealth. MSMEs serve as ancillary units to large enterprises, and this sector makes a significant contribution to the country's socioeconomic development.