www.ijesrr.org Page 56 Applications of Information and Communications Technology (ICT) with special reference to small and medium enterprises sector based in India

The invention of computers around the fifth decade of the past century and later on the use of internet began; the different countries with their civilization and culture have come across with more and more information, also with advanced technologies and hence say exchanging their views in all aspects of life with great ease. In the present era 'Information and Communications Technology ' has become a potential tool in satisfying each person's desires or necessities of any type, either of business, science, history, economy, environment or technology. It has been proved to be a revolution for developed countries and has been providing great assistance to developing countries to transform to a developed economy. It is fully saturating the demand of a common man whether he is a consumer, producer, wholesaler, retailer, student or professor etc. It is a very effective tool in filling up of gaps. It has introduced itself and jumped into every walk of civilized human life. It has come up with easy and full proof solutions of questions or intricate situations that arises in fulfilling the basic needs of human i.e. food, home and clothing. The present decade of the millennium is of globalization of markets and economy and consequently has brought the new challenges especially to the manufacturers, trader