Time of 'small' has come, last year Apple released its iPod Nano, which was smallest and sleekest in the family, and after that there was much-hyped dream of Mr. Tata, Tata Nano which shown to the world that small is really disruptive as it can bring a paradigm change
in the industries and prove that impossible is nothing. There was a time when people used to long for big, today the liking has changed (If we keep some exceptions like real estate out) and it has been rapidly caught up by industry biggies - on one side, Fijitsu and Apple have come up with the smallest laptops this year; on the other side, from mobile to hard disk, everything is shrinking into a pocket-size portable device.
Now the question is - does small mean that it has some trade-offs, is it compromising something? Today, in most of the cases, the answer is no. Small is as powerful as its larger counterpart, and whenever small comes into market, it instantly becomes the favourite of masses. A very comparable trend has been seen from last couple of years in industry, there is a huge surge in the number of small and medium-size industries worldwide. These SMEs are emerging as the growth engine of the world economy. In the EU, SMEs comprise approximately 99% of all firms and employ between them about 65 million people. In China, there are close to 8 million SMEs, and in India, the number is 4.5 million....

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