This edited volume as an outcome of the contributions made by the eminent researchers who have conducted studies on Indian MSME sector. Fourteen papers are included in this edited volume. Authors have collected lot of information form primary and secondary sources. The important aspects covered are: Performance and challenges of MSMEs in India; Role of various institutions working for the entrepreneurship development in India; Various tax incentives and concessions for MSMEs in India; Role of banks in financing MSMEs in India; Listing of SMEs in Indian stock exchanges; Marketing and HR issues of Indian MSMEs; and Prospects for Indian MSMEs. This bunch of various research works of eminent scholars in an effort to showcase status of Indian MSMEs. I hope the reader will get an understanding of performance, challenges and prospects of MSMEs in India. I am confident that this volume helps the entrepreneurs in facing their challenges; helps prospective entrepreneurs in choosing the sector and to set up their business; students of commerce and management get an idea of the latest developments of Indian MSME sector.