Title: EXPLORING GROWTH OPPORTUNITIES AND ENTREPRENEURIAL SATISFACTION AMONG TEXTILE MSMES OF GUJARAT
Author: Mr. Sunny Mirchandani and Dr. Hemal Pandya
Abstract:

The textile MSME sector of Gujarat functions within a rapidly transforming industrial environment where the availability, accessibility, and utilization of growth opportunities varies significantly across enterprises. Recognizing these differences, this study examines how textile MSME entrepreneurs perceive the adequacy of growth opportunities and how such perceptions shape their satisfaction levels. Based on responses from 487 enterprises across 28 districts, the research employs descriptive statistics, factor analysis, correlation analysis, discriminant modelling, and cluster analysis to identify the key drivers influencing growth perceptions. Five major opportunity dimensions emerged from factor extraction, namely funding prospects, regulatory norms, customer-centered practices, profitability orientation, and organizational culture. The empirical results indicate that the perceived adequacy of these opportunities has a strong positive relationship with entrepreneurial satisfaction, with firms demonstrating greater financial access, stronger market integration, and higher adoption of digital systems reporting higher satisfaction. Cluster classifications reveal heterogeneous expectations from government support, ranging from regulatory simplification and administrative efficiency to wider market access and integrated growth facilitation. The study underscores that strengthening financial inclusion, promoting technological advancement, enhancing policy transparency, and improving market linkages are essential for reinforcing entrepreneurial satisfaction and enabling sustainable expansion of Gujarat’s textile MSMEs.

Keywords: Entrepreneurial Satisfaction, Growth Opportunities, MSMEs, Textile Industry
DOI: https://doi.org/10.38193/IJRCMS.2025.7638
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Date of Publication: 31-12-2025
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Published Vol & Issue: Volume 7 Issue 6 Nov-Dec 2025