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This book offers a conceptual and empirical understanding of competitiveness of SMEs in India. It covers extensive theoretical framework. This book provides current scenario of Indian and Gujarat's SME sector. Content of the book has been developed to fully support the researchers and SME holders to get an idea about the concept of competitiveness into SMES. The book discusses various theories of competitive advantages and competitiveness. Additionally, this book discusses various concepts of firm competitiveness and financial competitiveness. Also, it discusses the importance of SMEs in economical growth and how financial competitiveness can help SMEs to overcome the key issues faced by SMEs. This book will be useful to Ph.D. scholars, researchers and academicians. This book provides valuable insights to anyone studying competitiveness in India.