ABSTRACT

The sample manufacturing firms covered in the SG-LoDIMF database are estimated to have accounted for about 58% of national manufacturing exports during 1991-2008 (Pradhan and Das 2012). The identification of SMEs is done based on available firm-specific latest year data on cumulative investment in plant and machinery and specified investment ceilings suggested by the Micro, Small and Medium Enterprise Development Act, 2006. Manufacturing firms with the historical value of plant and machinery up to Rs. 100 million are taken as SMEs and those with above Rs. 100 million are designated as large firms.2 While all the firm-specific and sector-level variables in the SG-LoDIMF are derived mainly from the Prowess Database of the CMIE, information on regional variables is created based on different published sources obtained from government and non-government agencies.