India's net job creation in small, micro sector rise 13.9 pct over 4 years: survey

MUMBAI, March 8 (Xinhua) -- India's net job creation in the medium, small and micro enterprise (MSME) sector has grown by 13.9 percent over the past 4 years, according to a survey released by industry body - Confederation of Indian Industry on Friday.

The survey spanning over 105,347 firms primarily in the MSMEs sector, was undertaken in more than 350 industrial centers. The growth in jobs in this space was led by Maharashtra, Gujarat and Telangana, the release said.

Hospitality and tourism, followed by textiles and apparel and metal products, were the top job generating sector during the past four years. Machinery parts and transport and logistics followed suit.

The survey also reveals that micro enterprises were the largest job creators in the past four years and will continue to be so in the next three years, the release said.

The survey indicates optimism on higher growth expectations on employment for the next three years, which emanates from the fact that government initiatives would drive future growth leading to more employment, the release said.