This book unfolds the journey of the micro, small, and medium enterprises (MSME) sector, both in the policy front and implementation. Taking a distinct approach, the author emphatically states that people start enterprises and put their only dwelling house or other as collateral security, with the aim of earning profit and making a respectable living in society. This book particularly concentrates on the manufacturing micro and small enterprises and not the entire MSME sector. This Book gives a detailed picture of how MSMEs are defined in India and other countries. It advocates for the twin criteria of turnover and employment for specific reasons. Strength of the book lies in the case studies that unfold best practices that MSMEs can follow and the failures from which they can learn lessons. This book offers practical solutions to many issues confounding the policy makers, entrepreneurs and regulators.