Abstract
International Journal of Advance Research in Multidisciplinary, 2023;1(1):909-913
Strategies for implementing sustainable development practices in small and medium enterprises (SMES) in Hyderabad
Author : MD Ashaq and Dr. Navdeep
Abstract
This study investigates the strategies for implementing sustainable development practices among Small and Medium Enterprises (SMEs) in Hyderabad. It examines the drivers, barriers, and the overall impacts of sustainability initiatives on business performance, environmental integrity, and community well-being. Employing a mixed-method research design that combines quantitative surveys, qualitative interviews, and case study analyses, the research highlights best practices and offers actionable recommendations for SMEs. The paper presents statistical analysis and visual data representations (tables and graphs) to support its findings. Unique insights into the local context of Hyderabad SMEs are provided through an extensive review of empirical data and scholarly literature. The study concludes that targeted strategies such as capacity building, financial incentives, technological adoption, regulatory enhancements, and community engagement are essential for overcoming barriers and achieving sustainable development outcomes in the region.
Keywords
Sustainable development, SMES, Hyderabad, business performance, environmental impact, social impact, barriers, drivers, energy efficiency, waste management, CSR, green technologies, regulatory compliance, community engagement