 "sale, MSME, business,")
While the eight edition of the Vibrant Gujarat Global Summit is likely to witness the signing of over 16,000 memorandums of understanding (MoUs) by the micro-small and medium enterprises (MSME), it is ironical, that Gujarat has the highest number of sick MSMEs after Uttar Pradesh and Maharashtra.
The state government, is, however, now planning practical steps to help these units, apart from simple hand-holding initiatives, like developing a website where these sick MSME units can list themselves up for sale.
In 2016 alone, around 42,500 MSME units reported sick in the state. This comes next to Uttar Pradesh (95,989 units)
